Copiers are key components of every small business. They make work easier hence boost output per production. For small businesses to cope with competition from larger businesses, they need office copiers in good condition. If you are into small business ventures, about to start or considering replacing your worn-out office copiers, paramount among your options might be to rent, lease or buy.
Have you ever considered buying or office copier leasing, have you investigated the pros and cons of buying, renting or leasing office copiers? Just keep calm, you are at the right place. The following guidelines will give you insights on your decision.
Buying vs office copier leasing: pros and cons of BUYING
Forsmall businesses, the option to either buy or lease office copiers may not be a simple decision to make from a financial perspective. Most small businesses come in small capitals and it might not be reasonable to buy an office copier for your business. Literally, small businesses want to preserve their capital to increase their cash flow. They may not have, say $7,000 to over $10,000 cash to purchase used copiers for sale or color copiers for sale. So, they would prefer to go in for office copier leasing options. Others with limited knowledge on the pros and cons of buying office copiers may decide to buy.
After huge sums of money have been spent to purchase an office copier, due to the size of your cash flow as a small business, it might be worn-out while you still depend on it. In such instances, you might be left behind in terms of technological needs for your business. You may also be confronted with impulse spending from repair works from the worn-out copier.
If you find yourself in this situation, you can offload your copiers by setting up banners with descriptions such as copiers for sale, used copiers for sale or used copiers for rent. In addition, you can list them in low-cost copier rentals or copier machine rentals stores to reach more people. This may eventually increase your business capital should people purchase or rent them.
Meanwhile, if you purchase your own officer copier outrightly, you are freed from lease payments per month as well as interest to office copier leasing companies. Sometimes small businesses treat with little care, shipping cost incurred at the end of a leasing period. But some of these shipping costs could be at least $600.
Buying vs office copier leasing: pros and cons of LEASING
If you are considering to buy or lease copiers for your small businesses, firstly, you should examine your cash flow before using huge sums of money to buy an office copier outrightly. If you are interested in buying and not leasing, you can get to the shops with color copiers for sale, used copiers for sale or copiers for sale to make a purchase.
Contrary, small businesses concerned about their cash flow often prefer to lease officer copiers over buying. It might be a good decision to lease office copiers although it comes with high interest from installments.
Important things to take notice of when considering office copier leasing include thelease tax advantage as this might be about 40% in the first year of purchase and around 25% in the coming years. Interestingly, when you purchase a copier, it remains your bonified property far more than if it is leased for years. Leasing may have you spend over time due to interest charges.
BUYING or LEASING copiers? How about office copier for rent?
Still, if you have not been able to make a decision based on the prior established suggestions, you could consider the suggestion; officer copier renting.
In adverts, we have often seen companies putting up banners with descriptions; office copiers for rent, copier machine rentals available or low-cost copier rentals available. If you were not able to take a decision to either buy or lease a copier for your small business, you can consider low-cost copier rentals. They could help remedy the copier issues of your business.
Businesses rentcopier for particular reasons and not as an everlasting remedy to their copiersituation. Basically, copier machine rentals or low-cost copier rentals are short-term remedies. Office copiers for rent are usually refurbished equipment to be used as a short-hand remedy. Small businesses can rent copiers on monthly terms or even on yearly basis. Be warned that it can be rather expensive to rent officer copier than outright buying or leasing. Besides, you will be forced to agree to terms and conditions of service.
The bottom line is, small businesses should study their financial situations before choosing options to acquire office copiers.