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The Time To Upgrade Restaurant Equipment Has Come

Restaurant EquipmentThere’s always some good reasons for upgrading your kitchen’s restaurant equipment: better energy efficiency, better performance, increased ease-of-use, increased output, etc. There’s always an equally pressing reason why you try to get one more year out of that same equipment: money doesn’t grow on trees, and there’s plenty of other costs your restaurant faces.

That’s understandable.  But if there ever was a time to buy restaurant equipment, that time is now.  Food service industry revenue forecasts are up, the newest equipment is more energy efficient than ever, and to top it all off, a recently passed bill will let you write off up to $500,000 in equipment purchases through 2011, meaning you get a tax credit now instead of depreciating bit-by-bit over the next ten years.

Of course, you’ll want to conduct a total cost analysis before you make the decision to buy, but when you factor in all those tax write-offs, that decision can sure be a compelling one.

Get more info about this tax credit here.

About Greg McGuire

Greg has blogged about the food service industry for years and has been published in industry magazines, like Independent Restaurateur and industry blogs like Restaurant SmartBrief. He lives in Colorado with his wife and two sons and enjoys reading, live music, and the great outdoors.

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2 comments

  1. Very nice article. I absolutely love this site.

    Thanks!

  2. Fantastic blog.|Truly thank you! Awesome.|

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