Capital investment that reduces cost in the long run.

Etini

Valued Contributor
I understand how hard it is to come by business capital. So when I say a business should invest in some capital equipment, I seems I am asking for too much. However, there are certain things that might look expensive now but in the long run, would minimize your cost of doing business. These are

1) Business vehicle: If your business involves carrying of products, you must invest in a business vehicle. The cost of hiring a vehicle or using public transport might be low on the short run but in the long run, it is criminally expensive.

2) Solar System: If your business requires electric power, it is cheaper, in the long run, to invest in a solar system. Barbershops, POS, and phone charging shops can all invest in a solar system to cut down the cost of generating power for use in their businesses. It only looks expensive in the short run.
 
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