Why do you think leasing is as popular as it is in practice?

I’m studying and need help with a Business Law question to help me learn.


Why do you think leasing is as popular as it is in practice?


Leasing has become popular in practice for several reasons:

  1. Cost Effective: Leasing provides a more cost-effective solution compared to purchasing an asset outright, as it eliminates the need for a large upfront investment. This can be especially beneficial for small businesses or those with limited capital.
  2. Flexibility: Leasing agreements are often more flexible than traditional financing arrangements, allowing for the lease term to be adjusted to meet the specific needs of the lessee. This can include the option to upgrade to new equipment, renew the lease, or end the lease early.
  3. Off Balance Sheet Financing: Leasing provides a way for companies to acquire assets without having to record them as liabilities on their balance sheets. This can improve a company’s financial ratios, making it easier to obtain additional financing or meet borrowing requirements.
  4. Tax Benefits: In some cases, leasing can provide tax benefits to the lessee, such as the ability to write off the lease payments as a business expense.
  5. Preservation of Capital: By leasing, a company can preserve its capital for other investments, such as research and development or expanding its operations.
  6. Maintenance and Upkeep: Many leases include maintenance and upkeep services, which can help to minimize the cost and hassle of keeping equipment in good working condition.

Overall, leasing offers a range of benefits that make it an attractive option for businesses of all sizes, which is why it has become so popular in practice.


Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Boom Grades
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
English comp
Got a 94% thank you!
Customer 452509, June 27th, 2021
Exercise Science
Thank you so much for your time.
Customer 452545, December 5th, 2021
Religious studies
I recommend this service they always help. I got an A in this project thanks.
Customer 452507, October 5th, 2021
English 101
perfect! thanks!
Customer 452543, December 1st, 2021
Classic English Literature
Great Work as Usual. Thank you . I received an A on the paper!
Customer 452531, November 9th, 2021
english comp
Great paper and done before the deadline. Thank you
Customer 452509, June 15th, 2021
Classic English Literature
Awesome Job... you are the best!
Customer 452531, November 27th, 2021
Thank you so much this looks great !!!!
Customer 452585, November 4th, 2023
Public Health
Thank you so much !!
Customer 452589, November 28th, 2023
world civilization
Thank you for the quick response
Customer 452509, June 27th, 2021
Absolutely LOVE having help especially from the person who wrote this last one. THANK YOU
Customer 452529, November 19th, 2021
Great content.
Customer 452549, February 8th, 2022
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat