Five advantages that printer leasing offers
Thursday, January 7, 2010 at 10:03AM
Leasing a printer can be an economic choice for businesses of all sizesNowadays more and more businesses are leasing their print equipment. Whereas in the past the only option was to buy, leasing now offers a cost-effective solution for organisations that offers many benefits over buying printers outright.
Reduces working capital tied up in technology
Leasing your printers reduces the cash you have invested in technology and also frees up valuable resources that that can be invested in other key business areas, such as inventory. This may be particularly beneficial to small businesses and start-ups who may have limited funds available.
Reduces the impact of technology becoming obsolete
Technology is quickly updated and old systems frequently cannot keep up with new business goals and opportunities. On the other hand, new business goals can quickly make equipment obsolete. Initial equipment costs may be met with further costs when the technology’s capabilities no longer meet company requirements, and new equipment must be purchased. This cost must be budgeted which reduces the amount of currency available to immediate business needs. Printer leasing is a smart way to deal with these costs before they arise.
Mismatched requirements are a thing of the past
Equipment suitability can be initially assessed through research, but this is no substitute for installation and trial. Large initial outlays are massively risky when even efficiency cannot be assured. Printer leasing reduces this risk for two reasons: leasing companies have experience with a variety of business models and equipment, and in the event of a mismatch the equipment can be switched with minimal cost.
Pro-active management
To ensure the capabilities of your equipment are always in line with your business needs, most equipment lessors offer pro-active management. This is particularly useful for companies that engage in seasonal or project work, providing resource flexibility without additional cost. Professional lessors are also able to predict a company’s changing requirements, and suggest more suitable equipment as part of the leasing cost.
Reduced repair costs
The high cost of equipment purchase is frequently compounded by considerable repair costs. Many lessors include maintenance services – which may also incorporate consumables - in the leasing package. Breakdown of printing facilities can significantly affect company efficiency, and there is no guarantee the solution can be found in-house. Maintenance packages reduce equipment downtime as lessors have specialist access to both replacement parts and engineers.
If you'd like to know more about how leasing a printer could benefit your business, get in touch with First Choice Business Systems, specialists in Xerox printer leasing, on 0800 072 3747.
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