Looking to start renting our medical device equipment (we've had some experiments with small numbers, but we don't have ability to scale and ). Building equipment in Israel, renting globally starting in North America.
Challenge we have is now is classifying equipment as assets instead of inventory. Currently, have to send equipment back to Israel to re-prep to go to another customer. This includes wiping customer data, changing damaged parts, but short of full scale refurbishment.
If NA rents the equipment, the asset is registered on NA books. Once rental is complete, we start return of equipment and right now we only have capabilities in Israel. If we do a STO - we'll transfer ownership from NA to Israel which will have financial implications while it depreciates in Israel????
What are we missing? Can we physically move assets back and forth without transferring ownership?
BTW - lowly project manager here outside of my area of expertise.