3. INTERNATIONAL
FACILITY CONCERNS
• Will it fit in the space
available?
• Is there adequate utility
support?
• Is it energy efficient?
• Does it need to dovetail with
other equipment?
4. INTERNATIONAL
SUPPORT CONCERNS
• What is its repair record?
• Are there local maintenance
personnel?
• How easy is it to get parts?
• What happens to my operation if this
equipment is down?
• What is the reputation of the
manufacturer?
• Any warranties?
5. INTERNATIONAL
SELECTING FURNITURE
• How big does the table need to be?
What will be on the table at the
same time?
• How long will people be sitting?
• Does the furniture need to stack?
6. INTERNATIONAL
FURNITURE TIPS
• Spend money on the surfaces that guests will come into
contact with and economize where they won’t
• Buy a few spares
• Rectangular or square tables are easier to combine as
party sizes change
7. INTERNATIONAL
FINANCIAL CONCERNS
• How much is the initial cost?
• What are the life cycle costs?
• Can I buy this item used?
• Should I lease rather than buy?
8. INTERNATIONAL
LIFE CYCLE COSTS
• Consider:
– Annual maintenance and repairs
– Labor spent cleaning or adjusting
– Upgrades/modifications cost
– Length of life
– Residual or resale value if any
9. INTERNATIONAL
NEW VERSUS USED
• New:
– Clean
– Under warranty
– Longest life
– Best for hoods,
compressors and
condensers,
sophisticated circuitry
• Used:
– May require some
cleaning/upgrade
– Good choice for simple
items with few moving
parts
– Caveat emptor!
10. INTERNATIONAL
LEASING VERSUS BUYING
• Leasing is an expense rather than a capital cost
– Pay out of cash flows rather than with start-up money
• Leasing is a good choice for items that are high
maintenance or have short lives
– Ice machines
– Dishwashers
• Leasing probably not a financially sensible
choice for everything else!
