Office Equipment: To Lease or To Buy

<p>Once a business has determined its printing and copying needs, the owner then needs to go about obtaining the <img style="background-image: none; border-bottom: 0px; border-left: 0px; margin: 10px 10px 10px 0px; padding-left: 0px; padding-right: 0px; display: inline; float: left; border-top: 0px; border-right: 0px; padding-top: 0px" title="iStock_000001325953Small" border="0" alt="iStock_000001325953Small" align="left" src="" width="152" height="182" />proper machinery for their document needs. For some offices, purchasing the equipment outright might be the best choice while for others, considering lease options may better suit the business. Here are the main advantages to both purchasing and leasing:</p> <p>Leasing</p> <p>The main advantage of leasing is a smaller upfront investment. A company may have to pay a deposit but won’t be paying the full cost of the machine right away. Another advantage is that a business may be able to afford a nicer machine with more features than if the equipment was purchased outright. This allows a business to spread the cost of a more expensive machine out to create a more manageable payment structure. Additionally, many times when leasing, the printer lease will include technical support to for any required repairs or quick fixes.</p> <!--break--> <p>Purchasing</p> <p>For long term equipment usage, purchasing a machine outright will be more cost effective. The other main advantage is that the company will own the equipment and will be able to list it as an asset and depreciate the machine on its taxes. The business can also potentially sell the equipment when the decision to upgrade is made.</p> <p>When considering whether to purchase or lease equipment, be sure to review business goals and determine what acquiring method best suits the business’s needs. Contact us today if you are considering purchasing or leasing office equipment.</p> <p>---</p> <p>This article was originally posted on <a href="">Denver Printers</a> website Professional Document Solutions. </p>