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DO YOU DESIRE SUCCESS IN YOUR LEASING BUSINESS?

To succeed in leasing business requires consistent search for skills and techniques required for success. Succeeding with leasing provides the operators with template for…

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14 GUIDES TO SUCCESSFUL FLEET MANAGEMENT OPERATIONS

The fleet business will succeed when the following guiding principles are put in place: Fleet Management companies must have a clear cut Fleet Management…

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ELAN JOINS LAGOS CHAMBER OF COMMERCE AND INDUSTRY (LCCI)

ELAN JOINS LAGOS CHAMBER OF COMMERCE AND INDUSTRY (LCCI) In pursuit of its objective of promoting the business of leasing in Nigeria, Equipment Leasing…

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TAX IMPLICATIONS OF LEASING IN NIGERIA

The Federal Inland Revenue Service (FIRS) adopted the treatment of leasing by the International Accounting Standards on Leases SAS 11, and accordingly classifies leases…

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UNDERSTANDING KEY ISSUES IN LEASE CREDIT ASSESSMENT

As a lessor (the owner of the asset), leasing business can be sourced through the  following are the ways: By direct marketing of the…

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SPOTING THE RED FLAGS IN A LESSEE’S PROPOSAL FOR A LEASE

There are several factors that portend danger in the performance of a firm. If a  potential corporate lessee comes up with a proposal for…

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MAJOR ISSUES THAT AFFECT LEASE VERSUS BUY DECISIONS

There are some factors and variables, both qualitative and quantitative, that affects a person or firm’s decision either to buy or lease an asset….

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OVERCOMING COMMON OBJECTIONS IN LEASING

In other to succeed as a lessor (owner of asset), it is important to identify objections to leasing and find a way to overcome…

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LEASE AND OTHER EQUIPMENT FINANCING OPTIONS

Leasing is similar to other forms of equipment financing. However, it has distinct nature from the other methods. i. Hire Purchase – the assets are…

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HOW TO TREAT TAX AS A LESSEE (USER OF ASSET)

All lessees, especially a business entity, must treat their taxes appropriately in its books, and this should comply with the provisions of the latest…

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