So, Boss, like a lot of business people leases a vehicle through their business for both business and personal use.
What Boss does is when the lease is up, will typically pay the lease out, then turn around and sell the vehicle, typically making a bit of money along the way.
Okay, why not. This way Boss always has a new (or a year or two old) vehicle to drive. Again, why not.
It has come to that time that the lease is up, and so this cycle will continue again . . . or will it?
With the challenges facing the business, will Boss continue with the expense of leasing a vehicle or go with another more fiscally prudent option?
You see, as I see it there are a few options Boss could take:
• Return/buy out and sell the vehicle & lease a new one.
• Buy out the vehicle and keep it.
• Buy a used vehicle.
• Carpool/share an existing family vehicle (technically could happen).
It goes without saying that we, around the office were interested to see which way Boss would go?
If a fiscally prudent option was employed then we would see this as a sign that Boss’s confidence was waning in the mid to long term future of the business, as it stood now.
If a new vehicle showed up, then that would signal that Boss had every confidence that things would continue as normal.
So, what did Boss do? Boss leased a new, yet not quite as fancy as the last one, vehicle.
So, all in all, this signals that Boss is pretty confident that the company will keep operating and that at least Boss, will remain employed.
After all, Boss has laid off the entire staff at least once, possibly twice before as Boss retools the company in a new direction . . . as a “one man operation.”
So, with a new truck, there is hope around the office . . . sorta.
As always: Keep your head up, your attitude positive, and keep moving forward!