Renting vs. Buying a Printer: What's Right for Your Business?

When it comes to office equipment, business owners must make well-informed decisions. Every purchase can affect your overall profitability and productivity. Printers are a vital piece of office equipment that needs replacement after about 3,000 pages of print according to the Working Needs publication. When it comes to office printers, you have a few different options. You can either rent or purchase. Let’s look at a few of the benefits of renting to see if this is the right choice for your office.

Less Initial Investment

If your business has limited cash flow, leasing a printer can be a great way to ensure your printing needs are met, without putting yourself at financial risk. You’ll put up a smaller investment initially as compared to buying a printer outright. You’ll be able to spread the cost of the printer out over many months which gives you time to focus finances on other priorities such as marketing, training, or other purchases that are more immediate. This can be very helpful for businesses that are just starting out. You need time to grow your business without the burden of huge upfront purchases.

Better Tech Options

When you purchase a printer, you’re stuck with that printer for a long time. Technology may advance in the time that you’re waiting to purchase again. This isn’t the case when you rent from printer leasing companies though. You’ll always have the option of upgrading to the newest version with the best features. This can help to keep your office equipped with cutting-edge equipment at all times. This can be a huge asset to your productivity and efficiency.

Maintenance and Repair Services

One of the big expenses that many people don’t consider when they purchase office equipment is maintenance and repairs. When you purchase your printer these will be your responsibility, but when you lease, the maintenance and repairs will be handled by the printer leasing companies. This not only saves you money, but it also saves you the stress of dealing with these issues.

These are just a few of the advantages you should consider when choosing between leasing and purchasing a printer. If you’re interested in learning more about leasing office equipment, please contact us today. We are here for your printer leasing needs.