To operate successfully in today’s competitive market, especially during this recession, businesses need to have the most up to date equipment.

For instance, your copier has finally given up the ghost… and as you know, office equipment can be extremely costly and many businesses simply couldn’t afford to buy printing or computing devices if they had to purchase outright.

Leasing contracts for office printers enable businesses to use exactly what they need, but at prices that are easy to budget for, along with substantial tax benefits. When you take out a leasing contract, the equipment is delivered and installed. You then simply pay the agreed monthly or annual fee for the duration of the agreement (usually somewhere between 1-5 years).

Servicing, maintenance and even consumables can be added, although the equipment remains the property of the lease provider throughout the term. Once the contract ends, the equipment is returned, upgraded or sometimes purchased at a substantial discount.

Whether you are buying or selling business equipment, leasing makes investment easy and quick…. for you and your customers.

• Minimise risk – protect yourself from depreciating technology costs
• Release cash – free up your money in other areas to drive growth
• Eliminate uncertainty – fixed rental payments help you budget and plan

Deciding whether you should rent or purchase a printer, photocopier or multifunction device will come down to the volume of your printing needs and how much budget there is for an initial outlay. It may be that you only need a low cost, low volume device, which would probably work out cheaper to buy.

However, for more expensive and higher volume machines, the initial cost may be too great, or you may wish to spread out the costs of servicing and consumables. In which case, renting your printing equipment could be the perfect solution. Before you decide, make sure you work out the cost per page of each option.