5 Reasons Why Year-End Purchases Are a Smart Move for Your Packaging Operations
As 2024 draws to a close, businesses across the board are evaluating budgets, planning for growth and setting their sights on 2025. For manufacturers, distributors and packagers, it’s a time to reflect on strategies for improvement and innovation.
At BPI Equipment Inc., we specialize in automated packaging systems such as premade pouch baggers, bottling systems, flow wrappers, conveyors, pack-off systems and more. These machines are designed to streamline operations and boost efficiency, meeting our customers’ distinct needs in a variety of industries.
If you’ve been mulling over a potential upgrade to your packaging equipment or expanding your production capabilities, now is the perfect time to make that investment. Here are the Top 5 reasons why end-of-year purchases (or early new year upgrades) are a smart move for your business.
- Tax Benefits & Incentives
One of the most compelling reasons to invest in new equipment at the end of the year is the potential for tax benefits. Many businesses can take advantage of Section 179 of the IRS tax code, which allows for the deduction of the full purchase price of qualifying equipment bought and put into service before the year ends. This could mean significant savings on your capital expenditures, giving you a head start on your ROI. Check out BPI’s ROI calculator to see what type of savings could be in your future.
Pro Tip: Consult your tax advisor to see how purchasing a BPI system now could impact your bottom line for 2024. - Get Ahead of Lead Time
As businesses ramp up production in the new year, lead times for equipment orders often extend. By placing your order now, you can avoid the rush and secure delivery and installation on your schedule. With BPI Equipment’s tailored solutions, early purchases ensure your system is ready for operation when you need it most. - Capitalize on Budget Surpluses
Many businesses find themselves with remaining budget allocations as the year winds down. Investing in essential equipment is an excellent way to put those funds to work and benefit your operations for years to come. Upgrading to BPI’s innovative automated solutions is a practical, future-focused use of end-of-year resources. - Stay Competitive in 2025
The packaging industry is evolving rapidly, with automation at the forefront of innovation. Customers expect faster delivery, lower cost and environmentally friendly solutions. Investing in BPI automated systems at the end of the year positions your business to meet these demands head-on. - Kickstart the New Year with Confidence
A new year brings new opportunities. By making critical investments now, you can set the tone for a successful 2025. With a BPI automated packaging system in place, you’ll be equipped to tackle large orders, optimize workflows and exceed customer expectations. When January rolls around, you’ll be ahead of the game, ready to grow your market share and take on new challenges.
Don’t Wait — Contact Us Today!
Though the clock is ticking on 2024, there’s still time to make impactful decisions for your business. Whether you’re seeking a turnkey system or custom modifications, the BPI team works closely with you to deliver equipment that improves your bottom line.
Reach out today to discuss your needs and take the first step toward boosting your packaging operations!
