How Getting Printer on Lease or Rent Benefits You Financially?

If you own a start-up organization, investing in office equipment that is expensive would not be a smart option. For businesses with high documentation and printing needs concerning large working groups and presentation, there is no other option than buying office equipment such as copiers, printers and other stuff.

Also, investing for such expenses do make sense when your business is settled enough to own everything. But for an individual working from home or a small company, there are other things to manage such as organizational expense, rent, salary and so much. Thus, an initial investment will not be able to cope up with the printer cost, toner replacement and the everlasting repair and maintenance.

To avoid such a big investment, you can surely go for printer rental or leasing option which is commonly known as managed print services. These services may include facilities beyond just having a printer at your place such as repair, maintenance and toner replacement etc.

Why choose to lease over having on your own printer?

Well, most of you may have this question in mind when you are recommended with alternative options. Here are some simple but major answers to why leasing a printer is a better option than buying-

  • No big investment needed

One of the most obvious reasons for leasing a printer than buying is that you can get the equipment as quickly as possible without paying a big amount, which saves upfront cost while having important office equipment for day to day documentation.

You just have to sign the leasing agreement and begin the monthly payment, until you are able to have your printer. This is an amazing option for small business and startups that just need initial aid to keep everything going without any hassles.

  • Tax benefits

Many business owners are not even aware of the tax benefits by leasing or getting a printer on rent instead of buying. When you are leasing or renting a printer, you are mentioning the expense in the business expenses record which offers tax benefits according to the Internal Revenue Code as per the deduction for some newly purchased office assets.  Still, you should speak with a qualified tax professional who can confirm your business eligibility for such tax-related benefits.

  • Additional services with the contract

Apart from all the other benefits of getting a printer on lease, the major advantage is the additional managed printer services you get from the rental service provider. As they want to make sure that you are satisfied with the services, they offer printer repair, maintenance and toner replacement services included in the same leasing agreement. When you calculate all these expenses, you will get to know how much you are going to save with such services on a rented printer or copier.

  • Advanced features

Most printer rental services offer an option to change the printer whenever you require particular features for the documentation or image printing. If not, then while signing up for the rental services, you can ask for the latest model with an advanced feature so that you can make the most out of your monthly expenses. Imagine how big you will have to invest to get the least model with multiple features or functions.

  • Peace of mind:

For start-ups and small business keeping their expenses under budget is one of the most stressful tasks. A big part of your monthly budget is covered from the office equipment and consumables especially printers, ink cartridges and copiers etc.

While having a decided monthly expend on the printer you can have peace of mind that no additional cost is going to ruin your monthly budget and you can focus on the essential things for your business development.

Now that you are aware of the benefits of choosing printer on lease instead of buying a new one, find a company that meets your requirements in the best possible manner and offers a wide range of printer rentals options and managed print services to help you financially.

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