Once an organization has determined its printing and copying needs, the manager then needs to go about acquiring the proper machinery for their document needs. In some instances, purchasing printers and copiers outright might be the most fitting decision while for others, contemplating lease options may better suit the business and its objectives. Here are the principal advantages to both purchasing and leasing a Denver copier:
The principal benefit of leasing is a more manageable upfront investment. An organization may have to pay a deposit but won’t be paying the full cost of the machine right away. Another advantage is that a company may be able to afford a machine with more features than if the equipment was bought outright. This allows a company to spread the cost of a more expensive copier or printer out to allow for a more manageable payment structure. Additionally, many times when leasing, the unit lease will include a maintenance plan for any required replacements or quick fixes.
For long-run equipment usage, buying a machine directly will be more cost-effective. The other key benefit is that the company will own the equipment and will be able to record it as an asset and depreciate the machine on its taxes. The business can also likely sell the Lincoln printers or other equipment when it comes time to upgrade.
When considering your acquisition method, be sure to review business goals and decide what acquiring method best suits the business needs. Contact us today if you are thinking about purchasing or leasing office equipment!