When negotiating on equipment leasing contracts, small business and corporate accounts should review all the legal terms in order to avoid the top mistakes associated with leasing equipment. These rules are applicable in multiple areas of equipment leasing from educational, computer and engineering equipment leases.
Mistakes to Be Avoided in Contracts
One of the primary mistakes made when negotiating their lease is the use of a very short contract. The short contract text may not address issues involving problems with software in computer leases or litigation issues such as employee piracy. Other issues that are not addressed in many short contracts include:
• Software transaction agreements• Troubleshooting Support Issues• Clauses handling provider’s going out of business
It’s important to make sure that all parties have their expectations clearly outlined in the contract. The contract helps avoid mistakes in leasing equipment by detailing the obligations of both parties. Contracts that possess clarity and completeness are important and the shorter the contract, the more likely there will be legal risks and ramifications for the company leasing the equipment.
Performance Details
The contract should detail the performance of the equipment. If someone is leasing a computer system, a server or a backhoe, they need to know that it will handle the load they are preparing to deliver to it. The performance details are an area where equipment can fail in leasing if they are not clearly stated. It’s important to make sure that both parties have those issues clarified before closing on any contracts or deals regarding performance issues.
Structure Defects
Structuring agreements is key to understanding where responsibility lies. An equipment leasing agreement needs to stipulate the structure of the deal. In other words, the salesman is unlikely be the primary contact for system defects. The primary contact may be the manager in charge of that account, but they will likely only handle negotiation issues. Customer support issues may be directed elsewhere. That structure and allocation of responsibility must be clearly spelled out in the contract.
Equipment Hardware Leasing Specialties
When leasing computer equipment, there are often software leases that are required. It’s important to coordinate the duration of the software leases to be comparable with the duration of the equipment lease. It’s important to ensure the compatibility of all leased equipment with other equipment from different vendors. It’s also important to make sure that a project’s start and completion dates are commiserate with the equipment lease. Balancing the needs of the developers with the equipment support is a difficult thing to assess, but it’s important to make sure that the leases support the needs of the company small or large.
Solicitors Not Welcome
Solicitors (lawyers) are often not consulted during the initial drafting of equipment leasing. This is a mistake, especially for small businesses that do not possess an in house legal team. Lawyers can help smooth the transaction and avoid loopholes that might cause legal problems for both parties during an equipment lease. However, when utilizing a lawyer, it’s important to find one experienced in lease transactions.
The Results versus The Resources
Be sure to clearly define the need for the equipment lease. Most leasing companies see themselves as providing resources. Companies large and small are not looking for a resource as much as they are looking for a result. It’s the end of the line result they are seeking most of all.
Communication
Clear communication is important from the get go. When negotiating for an equipment lease, be sure to have all questions answered prior to agreeing. Companies make a mistake in leasing equipment from a vendor if they have trouble getting them on the phone or returning calls. Those issues can lead to service problems in the future.
Be Realistic In Expectations
Client companies must be realistic about what they are expecting. Vendors will usually negotiate and do their best to fill customer requirements, however the client company must also keep in mind industry standards and limitations. While technology continues to grow, it’s important to realize that not every goal has been achieved as yet.
Short Term Versus Long Term
The final and most important mistake made in equipment leasing is considering a contract as something that needs to be closed immediately in order to make a deadline that occurs in the next few weeks. Realistically speaking, avoiding looking at the long-term effects of an equipment lease may leave the client with a piece of equipment they do not need or a bad contract altogether. If their short-term goal is to launch a new product or get the foundation of a new project started, but the equipment will not help in the long-term goal, that should be addressed.
Equipment leasing provides numerous benefits to businesses large and small. It’s important to recognize the benefits, but to also avoid the pitfalls of mistakes that can be made when negotiating an equipment lease.
nedjelja, 5. listopada 2008.
Online Auction Payment Exposed
No matter if you are buying or selling items using an online auction service you need to understand online auction payments. Once you have made the sale with your online auction you need to collect your money. There is one service that is very popular, but there are other options you might consider.
It goes without saying that the most popular online auction payment service online is PayPal. This service is now owned by eBay. The only bad thing about these types of online payment services is that it does cost you a fee once the items sell. Depending on the sales price this fee could be rather costly and affect your over all profit margin.
The nice thing about accepting payments for your online auctions is that they can be completely automated for you. Once you set this type of service up these online auction payment services will invoice the customer at the end of the auction and the money will be deposited as soon as thy complete the transaction. You can easily set up a generic message that will be sent to each person that makes a purchase.
There are other means that you can use to collect online auction payments. The next most popular service is one called BidPay. This online auction payment service is a very secure means of collecting money. The main draw back is that so many people are familiar with PayPal that they may be reluctant to purchase from sellers who do not accept this way of making payments. This serviced is compatible with eBay, but just not as recognized.
If you are looking for the best deal in online auction services you should read the terms and conditions for the various services that are available. You need to decide which auction sites you will use to sell your items and make sure the payment system you choose will be compatible with your needs.
It goes without saying that the most popular online auction payment service online is PayPal. This service is now owned by eBay. The only bad thing about these types of online payment services is that it does cost you a fee once the items sell. Depending on the sales price this fee could be rather costly and affect your over all profit margin.
The nice thing about accepting payments for your online auctions is that they can be completely automated for you. Once you set this type of service up these online auction payment services will invoice the customer at the end of the auction and the money will be deposited as soon as thy complete the transaction. You can easily set up a generic message that will be sent to each person that makes a purchase.
There are other means that you can use to collect online auction payments. The next most popular service is one called BidPay. This online auction payment service is a very secure means of collecting money. The main draw back is that so many people are familiar with PayPal that they may be reluctant to purchase from sellers who do not accept this way of making payments. This serviced is compatible with eBay, but just not as recognized.
If you are looking for the best deal in online auction services you should read the terms and conditions for the various services that are available. You need to decide which auction sites you will use to sell your items and make sure the payment system you choose will be compatible with your needs.
How to Generate Your Own Hot Internet Insurance Leads
Are you tired of throwing money at supposedly hot internet leads that aren't? What if you could generate your own real leads through the internet? Think it's impossible? Well, it's not.
Yes, you can generate your own internet leads for highly qualified prospects. All you need is a simple one page web site to do it. Before you get started there is a common misunderstanding you'll want to avoid.
Most people think their website is a marketing tool. Wrong. Your website is a sales tool.
In your case your web page is selling your web visitor on the idea of giving you their name and email address in exchange for something they want. This first sale is important for two reasons. First, by giving you their email address they're giving you permission to market to them over time until they're ready to buy. Second, this is the first step helping you to filter your prospects for the people ready to buy now.
You can put up a one page web site for almost no cost. It's so easy to do anyone can do it. There really isn't anything keeping you from having a one page website and generating your own leads.
As you build your web page there are three questions you must answer for any visitor you send to this web page. The first thing you must do is confirm the visitor is in the right place. Your marketing communication sent them to this page.
They took the time to visit the page because they're interested in your marketing communication. Once they get there the easiest way you can confirm for the visitor that they're in the right place is to use the same language you used in your marketing communication to get them there. Eliminating this confusion means more of your visitors will get to the next question in their minds.
Now that they know they're in the right place they next want to know what they can do on this page. When you give the visitor options and have links that take the visitor away from this page you're increasing the likelihood that visitor will leave your web page without doing what you want them to do. Keep it simple by giving the visitor one and only one option on this page.
Finally, your visitor is going to ask themselves if what they can get is of greater value than the cost of sharing their information with you. That means you have to give your visitor information you know they want.
And there you have it. As easy as one-two-three you're generating your own highly qualified hot internet leads increasing your sales.
Yes, you can generate your own internet leads for highly qualified prospects. All you need is a simple one page web site to do it. Before you get started there is a common misunderstanding you'll want to avoid.
Most people think their website is a marketing tool. Wrong. Your website is a sales tool.
In your case your web page is selling your web visitor on the idea of giving you their name and email address in exchange for something they want. This first sale is important for two reasons. First, by giving you their email address they're giving you permission to market to them over time until they're ready to buy. Second, this is the first step helping you to filter your prospects for the people ready to buy now.
You can put up a one page web site for almost no cost. It's so easy to do anyone can do it. There really isn't anything keeping you from having a one page website and generating your own leads.
As you build your web page there are three questions you must answer for any visitor you send to this web page. The first thing you must do is confirm the visitor is in the right place. Your marketing communication sent them to this page.
They took the time to visit the page because they're interested in your marketing communication. Once they get there the easiest way you can confirm for the visitor that they're in the right place is to use the same language you used in your marketing communication to get them there. Eliminating this confusion means more of your visitors will get to the next question in their minds.
Now that they know they're in the right place they next want to know what they can do on this page. When you give the visitor options and have links that take the visitor away from this page you're increasing the likelihood that visitor will leave your web page without doing what you want them to do. Keep it simple by giving the visitor one and only one option on this page.
Finally, your visitor is going to ask themselves if what they can get is of greater value than the cost of sharing their information with you. That means you have to give your visitor information you know they want.
And there you have it. As easy as one-two-three you're generating your own highly qualified hot internet leads increasing your sales.
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