A plan for capital equipment expenditures requires an understanding of current and future organizational goals. Capital expenditure budgets are at an interesting crossroads. Some companies are expanding operations and want to know how much, where and how to invest in their fleets and position themselves for the future. Others see the glass as half empty and are wondering how to minimize expenditure, maintain capacity, and survive for an upturn they believe is still some distance in the future. Regardless, capital budgeting is far from simple, and the equipment investments you do-or do not-make today will play a major role in defining the future of your company.
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