Category Archives: Small Business & Industry News

Large Equipment Purchases served with a side of Alternative Payments

Shopping for Equipment and Spending Capital Smarter

By Andrew Nere and Angela Caraglio

Today’s winery requires a large and varied amount of equipment to operate successfully. And like most business owners you are wearing 10 different hats, and doing 10 different jobs. So when machinery breaks, a tank cracks, or the life has been squeezed out of that tractor for as many seasons as possible, the time has finally come to invest in new equipment.

Purchasing equipment for a business is essential yet the process is often convoluted and extremely stressful. As a B2B service provider, our customers often come to us flustered and overwhelmed with the purchase decision process. While every business will have different priorities and circumstances when it comes time to acquire new equipment, how a business pays for it will have a significant impact on the businesses bottom line.

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Brewery Start-Up Event – San Diego

Do you know what it takes to have a successful brewery?

This past week, June 14, 2016 at Silo in the Makers Quarter of Downtown San Diego, a group of brewers, future brewers and industry folks gathered to discuss the current state of the brewing industry and its’ future. Elaine Rodriquez, ILS’ very own Brewing Finance Expert was amongst the attendees.

The educational event spotlight was on the panel of 4 experienced, well-known brewers from San Diego. Panel consisted of: Doug Constantiner of Societe Brewing Co, Jim Crute of Lightening Brewery, Jacob McKean of Modern Times Beer and Curtis Hawes of Second Chance Beer Co. Continue reading

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New Restaurant Opens – Elm Square Oyster Co.

Morello Hospitality Group – Expert Restaurateurs have opened another set of doors

– Elm Square Oyster Co. in Andover, New England

Morello Hospitality Group (MH), established in 2010 has had great success with Brasserie 28. Their passion and love for cooking drove them to open the epitome of New England Cuisine, Elm Square Oyster Co. – an oyster eatery, needed in the community of Andover. Continue reading

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Innovative Lease Attends American Tow Showman 2016, Las Vegas

Kelli Tobolsky, Tow Industry Expert of Innovative Lease Services, Inc. attended the The American Tow Showman in Las Vegas May 11-13th. The American Tow Showman brings the industries top suppliers together to share best practices and view the latest and greatest technology available.

The towing industry has been making a comeback in the marketplace, and this year there was an increase in new attendees seeking solutions to grow their towing businesses. Continue reading

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2016 Section 179 Tax Deduction Limits Increase to $500,000

Great news for all businesses across the United States, the US government has increased Section 179’s tax deduction limits for this year’s (2016) equipment purchases to a whopping $500,000! Additionally the bonus depreciation amount has been extended to 50%.

If you are a business owner and have not heard of Section 179 you have luckily made it to the right place. Keep reading to discover how to save your business thousands of dollars on business equipment leases and purchases year after year. Continue reading

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