A Simple Plan: Options
October 29, 2016
The Advantages and Disadvantages of Buying and Leasing a Commercial Printer There are pros and cons to either leasing or purchasing a commercial printer. The majority of commercial printing machines, also come with additional features including copying, scanning, and faxing. In order to know which option is best for your business needs, it’s a good idea to look at the different variables involved. Whether you decide to lease or buy, it is recommended to request a maintenance and toner contract is provided. The main benefit of leasing a commercial printer is the cheap monthly cost. After a period of time, many businesses have the option of updating their equipment. Some of the drawbacks of leasing an office printer are limited options, extended obligation, and having no ownership of the equipment. Owners of commercial printers get to have instant ownership and are not locked in for an extended period of time. Some of the disadvantages are the exorbitant investment cost and potential for outdated equipment.
A Beginners Guide To Options
After exploring the pros and cons of purchasing and leasing, you should ask yourself the following questions.
Where To Start with Businesses and More
How long have you been in business? New businesses are subject to a rigorous credit approval process. Any business that has been established for less than three years, will most likely need to provide a personal guarantee to be approved for a lease. If the above applies to you, it might make more sense to buy an inexpensive refurbished printer as opposed to leasing one. Once your company becomes more established, you can always lease a new printer down the road. What are your printing requirements? If you don’t need to print often, then you may save money by purchasing a printer right off the bat. Commercial printers are built to last a long time. A business with minimal printer needs will be able to make a printer last a good six or seven years. On the other hand, high-volume printing offices benefit from leasing a printer and upgrading to a new one after a few years. If a business relies on printing for productivity, then it makes sense to lease and not have to worry about equipment failure. How much are you willing to invest in a commercial printer? Large commercial printers cost a lot of money. If your business has a limited budget, you will want to lease a printer. Most businesses don’t need to spend more than a few hundred dollars a month, to lease a printer that gets the job done. Consider things from the following perspective: Leasing a commercial printer will only cost you a few hundred dollars, and will be a much better quality printer than one which will cost thousands of dollars.