If you are thinking of expanding your current office, opening a new one or upgrading your facilities, then you know that one of your biggest expenses will be buying computer equipment. Software, hardware, peripherals, monitors, laptops, and printers can easily cost you thousands of dollars. Unfortunately, computers and equipment quickly depreciate in value, which may cause you to consider purchasing second hand equipment that can be fraught with problems and could end up costing you more in repair costs than if you had just purchased the computer equipment new.
For these many reasons, computer equipment leasing is an attractive option for business owners and managers looking to equip new offices or replace aging equipment in an existing office.
Benefits of Computer Equipment Leasing
You may not realize that leasing your computer equipment has many advantages over buying.
- Your payments are tax deductible. If you don’t plan to purchase the computer equipment at the end of the lease, you can claim the lease payments to reduce your taxes.
- You avoid a down payment. Computer equipment leasing allows you to avoid the down payment that you probably would require to buy the equipment outright. In addition, you might find some lease agreements that cover the cost of the equipment’s installation and regular maintenance.
- You get to use the latest technology. At the conclusion of most lease agreements, you will be allowed to upgrade to the latest model if you renew your lease.
Remember that your computer equipment is an integral and vital part of your business. You rely on your computer system to manage your sales, control your inventory, purchase supplies, keep your books and manage your employee data. You should weigh all your computer equipment leasing options and make a decision that is best suited for your unique business needs.
To help you make sense of all your options, turn to the experts at Taycor Financial. Taycor can help you figure out a way to get the equipment you need without becoming a big draw on your cash reserves. Call Taycor today and let them help you evaluate all your options and help you recognize that computer equipment leasing can cost you at lot less than you might think!