To set up an inexpensive virtual office, use free or low-cost online services such as VOIP for calls, internet-based fax machines, and shared physical spaces. Professional virtual office services are also available for a more polished image. Other options include registering a domain name, using free or cheap fax services, and renting office space on […]
A bargain purchase option in a lease agreement allows the lessee to purchase the asset at the end of the lease at a significantly lower price than its fair market value, making it a capital lease and obligating the lessee to include the asset on its balance sheet. The lessee is responsible for taxes, insurance, […]
