Select Currency
Translate this page

EQUIPMENT LEASING AS A TOOL OF INCREASING PROFITABILITY

Format: MS WORD  |  Chapter: 1-5  |  Pages: 67  |  281 Users found this project useful  |  Price NGN3,000

GET THE COMPLETE PROJECT

EQUIPMENT LEASING AS A TOOL OF INCREASING PROFITABILITYABSTRACT 
This research work is centered on Equipment Leasing as a Tool of Increasing Profitability. An estimated population of 100 and a sample size of 80 was adopted. The questionnaire and structured interview was used to elicit data and information. The descriptive statistic of simple percentage was adopted and inferential statistics of chi-square was adopted in testing the hypothesis formulated. The hypothesis were to determine the significant relationship between equipment leasing and organizational profitability. The findings shows that equipment leasing increases profitability in an organization and it was also discovered that equipment leasing has contributed to the gross earnings in Nigeria. it was recommended that the lessor should increase their willingness to finance equipment, it was also recommended that more enlightenment program would be conducted to provide more informative activities and the types of equipment leased, as this enables firms to locate leasing companies and equipment they need easily.  
  


TABLE OF CONTENT 
Abstract      -        -        -        -        -        
Table of Content -        -        -        -        
CHAPTER ONE: INTRODUCTION 
1.1     Background of the Study        -        -        
1.2     Statement of the Problem        -        
1.3     Purpose of the Study     -        -        
1.4     Research Questions       -        -        
1.5     Research Hypothesis     -        -        
1.6     Significance of the Study         -        
1.7     Scope and Limitation of the Study   -        
CHAPTER TWO: LITERATURE REVIEW 
2.1     Introduction         -        -        -        -        2.2     General Elements and Terms   -        -        
2.3     Types of Lease     -        -        -        -        
2.4     Advantages of Equipment Leasing   -        
2.5     Disadvantages of Equipment Leasing         -        
2.6     Reasons for Leasing       -        -        -        
2.7     The Challenges of Equipment Leasing        -        
CHAPTER THREE: RESEARCH METHODOLOGY
 
3.1     Introduction         =       -        -        -        
3.2     Research Design   -        -        -        -        
3.3     Population of the Study          -        -        -        3.4     Sample and Sampling Techniques    -        
3.5     Research Instrument      -        -        -        
3.6     Validity of the Instrument       -        -        
3.7     Reliability of the Instrument    -        -        
3.8     Methods of Data Collection    -        -        
3.9     Method of Data Analysis        -        -        
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS 
4.1     Introduction         -        -        -        -        4.2     Data Analysis      -        -        -        -        
4.3     Hypothesis Testing        -        -        -        
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
 
5.1     Summary of Findings    -        -        -        
5.2     Conclusion -        -        -        -        -        
5.3     Recommendations         -        -        -        -                  References -        -        -        -        -         
 

CHAPTER ONE 
INTRODUCTION
 
1.1     BACKGROUND OF THE STUDY
 

Equipment leasing is basically a loan in which the lender buys and owns equipment and then recits it to a business at a flat monthly rate for a specified numbers of months. At the end of the lease, the business may purchase the equipment for its fair market value (or a fixed or predetermined amount) continue leasing, lease new equipment or return it. The use of certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payment, the lesses is the receiver of the services or the assets under the lease contract and the lessor is the owner of the asset. In today’s business equipment leasing and loans can enhances liquidity, productivity and competitiveness. Businesses are looking for ways to control costs, the leasing industry has emerged as a strategic financing option that companies of all sizes are utilizing to leverage capital, increase cash flow, take advantage of tax benefits and hedge against the risk of technological obsolescence. Equipment leasing offers companies the opportunity to procure equipment at a fixed rate, for a fixed amount of time without having to purchase equipment outright, by leasing, a company is relieved of the uncertainties and risks associated with equipment ownership and can concentrate on using that equipment as a productive part of its business. Equipment leasing has always been a strategic solution for businesses, and with the economic uncertainty of the past, businesses in all sectors of the economy are considering how leasing can help them successfully ride out the storm. Equipment leasing offers valuable financing options that allow companies to maximize their purchasing power. The rate of profitability and growth of a business organization be it a new business or an already existing business depend largely on its investment and financing decision these decisions would generally include acquisition, expansion, modernization and replacement of fixed assets using the companies tools of capital employed. 
1.2     STATEMENT OF THE PROBLEM
 
Despite the enviable prospect equipment leasing, it is still face with some fundamental problems which are of great concern to this research work, they are; 
i. Equipment leasing does not provide the prestige of ownership. 
ii.The flexibility to dispose of obsolete equipment before the end of lease may be reduced. 
iii.A fixed obligation to pay rental is created which may be an embarrassment in depressed condition. 
iv.It is almost always more expensive in the long run. 
v. Do companies benefit from lease financing? 
vi.Are people aware of leasing as a source of financing fixed assets? 

1.3     PURPOSE OF THE STUDY
 
The purpose spells out what the researcher is designed to explore and is as follows. 
i. To ascertain the contribution of equipment leasing to gross earning. ii.To ascertain the extent to which gross earning and its rental income are positively corrected. 
iii.To expose the advantage of using equipment leasing as a cheaper means of financing business project. 
1.4     RESEARCH QUESTIONS 
i. Does equipment leasing contribute positively to gross earnings? ii.Does equipment leasing contribute to profitability? 
iii. Is equipment leasing a cheap means of financing business project? 

1.5     RESEARCH HYPOTHESIS 

Ho:     There is no significant relationship between equipment leasing and organizational profitability. 
H1:     There is a significant relationship between equipment leasing and organizational profitability.  

1.6     SIGNIFICANCE OF THE STUDY 

The findings of this study is expected to provide insight into the operational justifications for leasing alternatives as a viable option of financing asset. The result of this study will contribute a guide to corporate bodies, potential and existing investors and the general public as they make future financing and investment choice and decisions. The study also will be of great importance to corporate leasing activity as one of their major business concern. This study also makes government realize the need to lay more emphasis on equipment leasing as a means of financing public project. It made the entrepreneur of small and medium scale businesses to be aware that apart from loan agreement, there is lease portfolio as alternative means of financing. Lastly, it will serve as a reference materials for current and future researcher that will be conducting research on equipment leasing as other source of financing. 

1.7     SCOPE AND LIMITATION OF THE STUDY

The study covers the practices, prospects and problems of equipment leasing from the view point of the lesser represented by corporate companies or individual companies. In this study we will focus on Rain Oil Nigeria, Ltd, Ogharefe and its rental incomes which encourages foreign investors to invest. The research work was faced with the challenge of funds, limited time for the research and unwillingness of respondents as the case study to part with information that will be of great benefit to the researcher.

GET THE COMPLETE PROJECT

Not What You Are Looking For?



For QUICK Help Call Us Now!

+234 813 292 6373


Here's what our amazing customers are saying

JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
Merry From BSU
I am now a graduate because of iprojectmaster.com, God Bless you guys for me.
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent

HOW TO GET YOUR COMPLETE PROJECT INSTANTLY

  • Select 3 Project Topics of your choice from your Department.
  • Submit the 3 topics to your Supervisor for Approval.
  • Call Our Instant Help Desk on 0813-292-6373 and Get Your Complete Project Material Instantly.
  • All project materials on this website are well researched by professionals with high level of professionalism.

FREQUENTLY ASKED QUESTIONS

How do i choose a Project Topic?

Look for your department and select any topic of your choice

I have a fresh topic that is not on your website. How do I go about it?

How fast can i get a complete project from your website?

Within 15 minutes if the exact project topic is on our website

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

One of your topics suites my project, but the case study is different. What do i do?

Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

How do i get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: (+234) 813-292-6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!