In the last quarter of every year, all companies start to take a look at their income. If they’ve had a profit, they start thinking about ways to spend some of it before the year ends so they can write it off their expenses.
Overall it’s a great strategy. If you haven’t had to spend a lot of money during the year and you have a nice profit, it’s the best time of the year for purchases. You could even possibly save money because many businesses have sales in the last quarter of the year because of the holidays.
Continue reading Determining Business Expense Needs Vs Wants