The first 12 months of starting up a business is an uncertain time. Business is tough. Working capital is scarce. Restaurant and catering businesses need the flexibility to keep their options open.
The Silver Chef Rent-Try-Buy® Solution is designed to enable Australian businesses to achieve their potential. It does this by ‘keeping their options open’ and preserving their cash to grow their business.
Geert Denoyette, owner and manager of Café Koco, situated opposite tranquil Port Lincoln Harbour in the city of Adelaide, says, “The problem with buying your equipment is you carry the burden yourself. With the Silver Chef Rent-Try-Buy® Solution, you have the flexibility to change.”
Geert understands that today’s business environment is constantly changing and businesses need to be able to adapt. “At first we invested with the bank, which meant we lost equity on the house. The fridges broke down and caused us problems and because we were paying for it, we carried the burden ourselves. With the Silver Chef solution you can always change.”
With the Rent-Try-Buy® Solution, you are not locked into a long term contract – it is a 12 month rental agreement which gives your business the flexibility to:
- Purchase the equipment at anytime during the first 12 months and receive a 75% rental rebate;
- Return the equipment at the end of the 12 Month agreement should you decide it is no longer required;
- Continue to rent – and we’ll simply continue to reduce your purchase price;
- Upgrade should you decide your business has outgrown the original equipment.
Not only can businesses ‘make big changes fast’, they also have the added benefit of saving their hard-earned working capital. Rather than tying it up in depreciating assets, businesses like Café Koko can spend it on growing their business.
“With the banks, you’re out of warranty so if it breaks down you’re stuck,” states Geert, “Silver Chef meant we didn’t have to outlay huge amounts of capital and we can pay every week which makes it easier for us to do our calculations…Silver Chef gives us the freedom and flexibility to make the changes our business needs.”
Café Koco has seen a significant increase in profitability as a result of the flexibility that the Silver Chef Rent-Try-Buy® Solution has allowed them. Further, they have been able to adapt to the ever-changing business environment because, through Silver Chef, they have managed to keep their equipment options open!