Is Printer On Lease The Right Choice For Your Business?
As the business’s growth increases, so do its needs. If your enterprise is growing in its operations and needs to get more paperwork done, then maybe it is time for a new printer.
The main thing when it comes to welcoming a new printer in your workspace is whether to get it by buying or renting. Well, both options are great, and the one you should choose depends upon your preference.
If you want to know whether you should get a printer on rent or purchase, then this blog can help you. Here, we will discuss some factors that can help you to determine which option would be ideal for you.
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Which Is Better: Buying Or Renting?
Full ownership: Purchasing a printer means that it belongs to your business. You don’t need to worry about damaging it or complying with the requirements of the rental company. You are in full charge of what you want to do with the printer freely.
Control over the maintenance: After buying the printer, you are totally responsible for its maintenance. You can perform maintenance on the printer according to your business’s requirements and budget.
Easy Investment: A printer can be an investment for your enterprise. You can get some money from reselling it. However, the resale value of the printer may decrease due to depreciation.
Your requirements are fixed: If you require the same type of printer for the long term, then you should prefer buying a printer.
Buying a printer does come with its downsides too. Here are some drawbacks of purchasing a printer that you need to be aware of:
Cons of buying a printer
Hefty upfront cost: To have your own printer in the workspace you need to spend a lot of your money. If your business doesn’t have ample finances, then purchasing the device may not seem to be a feasible option.
Full responsibility: Purchasing a printer means that you are totally responsible for keeping it in good condition. You will have to spare time and money for its maintenance. Also, in case the printer doesn’t work properly, then you are the one who has to find the right technician who can detect and fix the issue.
Low upfront cost: If your business is tight on the budget then leasing a printer is the preferable choice. By paying a reasonable amount of rent you can have an addition to your workspace that fulfils your paperwork needs.
No worry about maintenance: Renting a printer means that you don’t have to stress about calling a technician about any malfunctioning. The rental company will take care of any issues that occur in the working of the printer. So you can stay stress-free and focus on the main operations of your business.
Diverse variety: Many leasing companies provide one stop solution to various printing needs. Whether you are a small-scale business that needs an all-in-one printer or need the Best Commercial Printer for Large Business the rental company can provide it all. The experts can suggest to you which printer would be suitable for your business.
Easy to switch: If you are a business with dynamic needs, then it is better to lease a printer. You don’t have to commit to one type of printer. Whenever your business feels that it is time to switch up to a new printer then you can simply return the existing one for a new one.
No permanent ownership: The major drawback of renting a printer is that you don’t get to keep it for the long term. After the leasing period ends you have to either return the printer or have to go through the process of renewing the contract.
Bounded by contract: In the case of buying a printer, you have the freedom to sell the printer and get some money if you don’t need it anymore. However, it is not the same as renting a printer. You have to keep the printer in the office, whether there is use of it or not, until the leasing period ends.
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