Equipment Leasing Blog

Opportunities Abound - Seize the Day!

Tuesday, May 17, 2011

Traits of an Effective Leader

Office morale and productivity are exceedingly dependent on the management skills of the team's leader. In addition to garnering experience and understanding the logistics of a project, successful leaders exhibit the ability to:

Lead by Example

"Do as I say, not as I do" can be a difficult mantra for subordinates to swallow. Instead, follow in the footsteps of the great leaders that have served before you. For example, Alexander the Great, rather than remaining safely behind during battle, would draw his sword and lead the charge. As a result of his skill to lead effectively, Alexander's men followed without question and won countless battles. In the business world, one cannot expect a team to put forth extra effort or make necessary sacrifices if their leader neglects to do so. Lead the charge by example when it comes to effectively carrying out team projects and your subordinates will be more apt to act accordingly.

Be Humble

Humility as a leadership trait may suggest a lack of toughness or drive for some. However, according to Lieutenant Colonel Joseph Doty and Dan Gerdes, "When authentic humility is applied to relationships, mutual trust develops and stirs an abiding sense of loyalty and authentic modesty - creating an environment to achieve great things."

Setting egos aside gives way to new knowledge and collective intelligence. Leaders who acknowledge that they aren't the supreme authority on a particular subject are, in effect, inviting alternative points of view and suggestions. As a result, innovative methods are developed while your team is unified and individual triumphs are celebrated. Conversely, leaders who consistently tout the superiority of their own expertise are liable to rely on old habits and forgo emerging opportunities for success.

Stand by a Core Mission

Without setting a clear goal for the future, your business can end up taking costly detours when it comes to production and growth. Set goals, a mission statement and values and let them guide your business decisions. Most importantly, share these with your team and explain how you abide by the values you set for the business. If your entire team is on board with the same concepts, you'll reach your goals without as many setbacks.

Make a Mark

Unless you plan on living forever, your business will hopefully continue to thrive after you leave the helm. Make sure the business ideals that currently shape your business survive the transition. Clearly outline these ideals to your team now and put physical reminders of these principals in place. For example, David Ogilvy, founder of the supremely successful advertising agency of the same name, once said,
    “If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But if each of us hires people who are bigger than we are, we shall become a company of giants.”

To symbolize this ideal, Ogilvy brought in Russian nesting dolls. Each doll, when opened, contained another smaller doll until one reaches the smallest doll, which represented the current leaders. Various sets of Russian nesting dolls still sit in the Ogilvy offices to remind current and future leaders of this principal.

Being a good leader requires more than just knowledge of the project and the necessary steps for completion. Effective leadership means nurturing and exhibiting the personal traits like those listed above. Team leaders who actively demonstrate these qualities in their own behavior will likely experience greater levels of business success.

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posted by Tiger Leasing @ 3:10 PM 0 Comments

Wednesday, May 11, 2011

Sell Smarter With New Equipment Leasing Sales Tools

Though the current economy isn't an ideal environment for business growth, thriving in today's market is possible for businesses that can remain flexible and take advantage of unique opportunities. Business equipment vendors seeking profitable sales ventures should consider leasing their products to customers.

Fortunately, there are equipment leasing and financing services that can aid businesses interested in pursuing this opportunity. Some companies may even provide sales tools to help you effectively market your products to potential customers. At Tiger Leasing, we seek to provide comprehensive support to our business partners. Our success depends on your success, which is why Tiger Leasing offers:
  • LeaseQuote™ 2.1: Instantly calculates monthly payments and generates a leasing proposal using a simple Excel Spreadsheet.

  • Leasing As a Closing Tool: Use this PowerPoint as a tool as a learning aid to help you close sales.

  • Leasing Information: This PDF explains various leasing programs and tax benefits.

  • Newsletters: In our newsletters, Tiger Leasing outlines the different opportunities of leasing business equipment.

  • Leasing Intelligence™: Tiger Leasing provides up-to-date information on your clients' leases, which gives you, as a business equipment vendor, the information you need to take advantage of future sales opportunities with current clients.
In addition to support services and tools, business equipment vendors who offer leasing to their customers will also benefit from:
  • Increased sales opportunities

  • Fewer payment collection issues for purchased equipment

  • Immediate payment for equipment

  • Increased leverage when closing pending sales
If you specialize in B2B sales and have yet to consider offering equipment leasing options to your customers, you may be missing out on viable sales opportunities. Choose a qualified equipment leasing partner to help you generate new business deals and close sales.
Generating a leasing agreement that works for both your business and your clients can be as simple as filling out an application. However, the simple process can yield unparalleled revenue.

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posted by Tiger Leasing @ 3:09 PM 0 Comments

Thursday, May 5, 2011

Tiger Leasing Offers a Start-Up Program for New Businesses

Here at Tiger Leasing, one the mottos we work by is "Carpe Diem," which is why we're excited to announce that we're providing budding business owners yet another opportunity to "Seize the Day." Tiger Leasing now offers a Start-Up Program for entrepreneurs with businesses incorporated in New York, New Jersey, Connecticut, Pennsylvania, Massachusetts, New Hampshire, Maryland, and Rhode Island. Even those industries that are considered difficult to fund such as:

  • Construction Companies

  • Restaurants

  • Real Estate Development Agencies

  • Healthcare Clinics

  • Production Companies
It can be tough to garner adequate funding for start-up business ventures, as Tiger Leasing President Steve Robbins said, "… crises can be blessings and catastrophes can create opportunities." The current lack of financial stability in the market has had a dramatic effect on the start-up capital that banks are willing to fund. However, this challenge gives way to tremendous opportunities through business equipment leasing. Rather than tying up credit lines or spending precious capital when borrowing from a bank, business entrepreneurs can take advantage of equipment leasing benefits that include:

  • 100% Financing: Tiger Leasing will financing all costs including equipment installation, freight, taxes, software, training and warranties

  • Flexible Lease Terms: Business start-ups can select from equipment leasing terms spanning from 24-60 months

  • Elimination of Equipment Obsolescence: Entrepreneurs can regularly upgrade rather than own out-of-date equipment

  • Tax Benefits: Business owners can deduct equipment leasing costs in a single tax year in addition to the bonus depreciation deduction outlined in the Small Business Jobs Act
It takes just 10 percent down to take advantage of Tiger Leasing's Business Start-Up program. Interested candidates simply need to fill out and application and submit:

  • Vendor quote

  • Short business profile

  • Personal financial statements & tax returns of business owners

  • Resumes

  • Business Plan

  • Verification that your business is incorporated in: New York, Connecticut, New Jersey, Pennsylvania, New Hampshire, Massachusetts, Rhode Island or Maryland
Do you have questions about Tiger Leasing's Business Start-Up program or your company's eligibility? Contact Tiger Leasing and our equipment leasing professionals will provide you with the information you need.

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posted by Tiger Leasing @ 11:16 AM 0 Comments