PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: AssetTrader

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

SMEs Cutting Down Costs on Capital Expenditures by Turning to the Used Market AssetTrader Reports - In the age of the credit crunch, the online purchase of used industrial equipment is an increasingly popular option for start-ups and SMEs - AssetTraderNet.com
SMEs Cutting Down Costs on Capital Expenditures by Turning to the Used Market AssetTrader Reports

 

NewswireToday - /newswire/ - London, Greater London, United Kingdom, 2008/11/03 - In the age of the credit crunch, the online purchase of used industrial equipment is an increasingly popular option for start-ups and SMEs - AssetTraderNet.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

In the age of the credit crunch, business owners are becoming more and more reluctant to splurge when it comes to capital expenditures, especially if they are managing a start-up or a small-to-medium enterprise. Agricultural and construction companies that utilize roughly less than 50% of work hours from their equipment can experience a considerable draining of resources, due to the storage and depreciating costs of the assets. As a result, money-savvy SMEs are increasingly embracing the business practice of buying used assets online to cut on capital expenditures while simultaneously selling the equipment they no longer need.

There are many lucrative reasons for using the web to consolidate and upgrade your equipment or turn your own inventory into a cash horse. First of all, the purchase of a used industrial or agricultural asset brings about some basic financial considerations: the first year in the life of your crane or combine can typically see a 30% reduction in the value of the asset, whilst maintenance costs account for only 10 to 15% of the total value. For an average business owning £1m in assets, purchasing a one-year-old piece of equipment on the used market can free up to 100k in cash in the first year, a considerable amount of money for an SME. Buying and selling at the same time is an even better financial choice, because it means actively managing your inventory rather than having unused items sitting around your farm or construction work site. For example, construction managers who bid on a pipe-laying project can buy and then sell their specific equipment without any extra costs tied in, while those who invest in new items will inevitably deal with storage and depreciating costs.

So far, so good. But if the thought of listing every single machine you own, filling out web forms, and tracking sellers and buyers online is still overwhelming, you can look to companies like AssetTrader, where account managers will make sure you utilize the full force of online marketing.

Kelvin Pollard, team leader and senior customer account manager for AssetTrader, believes this is the way to go for harried business owners who don’t have the time or the inclination to browse through internet resources themselves to make money from their own equipment. Pollard says: “I see myself as a link between the not-so-technical customer and the highly technical team we have here, which can set-up a virtual online shop for your company and your equipment. Basically, we do all the boring leg work for you.”

AssetTrader enquires on customers’ machines, lists them, and creates a company profile that has the potential to give the business a global online visibility, reaching a worldwide audience. Pollard goes on: “We translate our English site into German, French and Spanish for our European market, enabling companies to reach a market they wouldn’t be able to reach otherwise. We’ve just launched a new Italian website. AssetTrader is trying to make the trading process extremely user friendly. I might spend 10 minutes or half an hour with you on the phone finding out what sort of stock you have and what you want to do with it exactly, and then we do the rest.”

About AssetTrader

With over 5000 registered users, AssetTrader (assettradernet.com) is a leading online trading hub for used and new business equipment. It holds a regularly updated inventory of agricultural, manufacturing and construction machinery available for sale from major dealers and private sellers through to original equipment manufacturers. Headquartered in London, UK, AssetTrader brings together traders from the USA, Europe, Latin America and Asia.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: AssetTrader

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-Business B2B/B2C articles,
CATCH Visitors via Your Competitors Announcements!


SMEs Cutting Down Costs on Capital Expenditures by Turning to the Used Market AssetTrader Reports

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Lara Celenza - AssetTraderNet.com 
+44(0)20 7558 8954 lara[.]assettradernet.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AssetTrader securities in any jurisdiction including any other companies listed or named in this release.

E-Business B2B/B2C via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From AssetTrader / Company Profile


Read E-Business B2B/B2C Most Recent Related Newswires:

FIS Expands its Real-time P2P Payment Solutions Offering
Interlochen Center for the Arts Selects FinancialForce HCM to Inspire Collaboration and Deepen Employee Engagement
FinancialForce Continues Momentum in Nonprofit Sector Empowering Organizations to Maximize Impact and Fulfill Missions
FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models
FIS and CO-OP Bring Cardless Cash to Credit Unions Nationwide
Greenway Health Gains Customer Satisfaction by Transitioning from NetSuite OpenAir to FinancialForce PSA
FinancialForce Delivers Wave App for Professional Services Automation (PSA) Extending the Power of Salesforce Wave Analytics to Professional Services
LiquidHub Selects FinancialForce Cloud Solutions to Optimize Workflows and Unify Data
LoginRadius Announces Adoption of Microsoft Azure for its Cloud Services
FIS and Arkansas Governor Hutchinson Extend VC FinTech Accelerator Till 2018
BBSTC 2016 by O2O Commerce is 1st Annual International Networking and Showcasing Platform for SMEs
The Weather Company to Deliver Crucial Weather Data for Safety and Resource Management Solutions to Underserved Areas Around the World
KinCare Selects FinancialForce, Prepares for Rapid Growth within In-Home Aged Care Industry
FIS Leads Technology Transformation with Bank Leumi USA
FIS Named ‘Most Disruptive’ in PYMNTS/Alexa Challenge

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)