There are numerous reasons why leasing a copier is so much better than buying one. If you are still contemplating whether to buy or lease a copier for your business, you may need to consider some angles before you make a final decision. Although buying a copier is an acceptable decision, leasing a copier has more benefits that you can take advantage of.
There are a lot of leasing companies that you can contact regarding office copiers, you can sign up for a copier lease almost anywhere, like a copier lease in Dallas. It is easy to get a copier nowadays, like getting a copier in Dallas, since the details of companies are everywhere. You can search for their numbers online, or if you are in Dallas, you can contact Dallas (972) 525-0888.
Leasing a copier allows you to retain your capital and your value. When you lease a copier, it allows you to expense your copier or your multifunction printer as a part of your business, but it frees up your credit lines and your capital for other investments and expenditure.
A lease offers 100% financing, so you do not need a lot of cash to get your copier into the office. Even with a lot of products being leased, your initial expenditure will be low compared to the down-payment of an up-front purchase. Leases are also easier to set up and initiate than bank loans because it requires less paperwork and less collateral.
You can also save on sales tax when you lease a copier. And this is something that you won’t be able to enjoy when you buy a copier. While a printer or a small MFP may not have much of an issue in this area, upgrading or replacing large units in a small to medium-sized business can mean a massive tax bill. Sales tax is due once the sale is complete. With a lease, however, you don’t incur fees upfront but defer them over time in jurisdictions.
Leasing also has an advantage that will show up in your balance sheet; it is because lease does not show up as a liability, unlike a purchase, except for the monthly amount. It also does not have to be depreciated as an asset. A lease is typically an expense that is fully-deductible, and it drops your company’s taxable income from profits.
When you lease a copier, you have the opportunity to work faster, smarter, and with greater profitability. You can get more done, more quickly, and your business has a great potential to take on or finish more work. This means that you will have more potential for revenues from existing work as well as new opportunities. You can also rent a copier; there are companies that offer equipment renting, like copier rental in Dallas, that can help you get the copier that you need without having to spend too much.
Another great thing about leasing a copier is that you can upgrade your copier, and you don’t have to get stuck with one piece of equipment. You can continue to benefit from advancements in technology all the time because you can change your copier to the latest one once your lease ends. The gains in productivity and efficiency are immense.
And of course, you can’t have a piece of equipment without maintenance. The best thing about a lease is that the leasing company will shoulder the maintenance of the copier. This means that you can continue to focus on your work since the leasing company will make sure that everything is up and running. The only thing that you need to supply is paper, while the contract handles the rest. That will give you peace of mind that you will not get when you buy a copier. There are a lot of service providers that you can contact, too, like the copier repair in Dallas, that will help you with whatever issue that you may have with your copier.