Buying a machine is an expensive investment that most companies would think twice before thinking about replacing. Also, replacement decisions could be complex as various factors need to be considered including buy vs maintain, and the overall cost of ownership for both of these decisions including taxes. If you are thinking of replacing, machinery dealers could not only help you maintain but might be able to sell at the carrying costs on your balance sheet, if not for profit.
In today's episode, our guest, Noah Graff, shares insights about the business model of machinery dealers. He also talks about the best practices of working with a machinery dealer. Finally, he compares different machines and how a different strategy might be required for each of these cases.
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