Thursday, August 5, 2010

Day Spa and Salon Equipment Leasing?

I am needing to lease equipment for a day spa and salon, but most of the ones I've seen on the web indicate you already need to be in business. I want to know that I can secure financing for this BEFORE I sign the lease. If anyone knows where this can be accomplished, please let me know as I want to get moving on this.Day Spa and Salon Equipment Leasing?
If you've never been in business before, I would strongly recommend that you talk to a business counselor before you do anything especially spend money. I'd call the local office of SCORE (go to and input your zip code to find the chapter nearest you), the advice is FREE.

The counselor at SCORE will most likely advise you to write a business plan which is very good advice because it will force you to dig out all of the start up details and the costs of starting a day spa and force you to also understand all of the aspects of this business including the customers you'll concentrate on (your market ) and how you'll go after them.

Try this link :鈥?/a>

and read some of the articles especially the ones about a business plan and starting a business.Day Spa and Salon Equipment Leasing?
There are two options. Option 1, talk to the equipment vendor. A lot of them can lease you the equipment. Just tell them that you plan to have a business and the address of your location. You can't get a equipment lease until you've started the business. Additionally, you will need to provide a personal guarantee provided that your credit it good.

Option 2, get a equity line of credit from your bank. Also. some bank will do equipment lease too such as Bank of America, Wells Fargo Bank.

Basically, you will need to have a business location. A lot of the companies will give you an estimate before you start.

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