Even as credit becomes more readily available, whether to buy or lease is a question facing many textile service operators. While there’s no one correct answer that fits every situation, nor every commercial laundry—compared to the simplicity of buying—leasing is far more complex and may be getting more so.
 
Thanks to negotiations between the International Accounting Standards Board (IASB) which sets rules for many countries around the globe, and the U.S. Financial Accounting Standards Board (FASB), which writes the rules in the United States, the lease accounting rules as we currently know them are changing. The new ...