Printers – Purchase or Rent
Whether you have a small, medium, or large company, the printer is one of the most important pieces of equipment in any business environment. This indispensable equipment like Canon Digital Photocopiers in Delhi ranges from the normal desktop printer to much larger and more expensive multifunctional devices which can print, copy, scan, fax, and manage document flows all in a single device. Investing in the right printer for your company’s needs is very important in ensuring that your employees have the right tool they need to be more productive but it can be an expensive exercise leading many to ask the question – should one buy or rent a printer?
Renting significantly reduces the requirement of a large amount of working capital and provides the ability to replace the printer as technology advances, where the monthly payment is a fully deductible business operating expense. Buying a printer will mean a much higher initial investment, this asset will be added to your fixed asset schedule which will usually be expensed over the life of the printer (as depreciation).
Buying a new printer and photocopier is a very expensive financial commitment and this sometimes is not the right choice for some growing businesses, depending on their stage of growth. Office printers and photocopiers can easily stretch the budget of any business that may not be in the position to invest heavily in these expensive, fully-featured printers and photocopiers. A printer rental allows business to have the latest technology of printing and photocopier for just a small fixed monthly payment with the comfort of knowing that everything is managed by the rental companies.
The flexibility of a canon photocopier on rent is one of the main reasons why some businesses choose to rent over leasing. The duration of the rental and the equipment you rent can be changed whenever your business changes and you’re not bound by any lengthy contracts.
ADVANTAGES OF LEASING A PRINTER
o Up-to-date with the latest model- With changing technology, photocopiers and printers ultimately become obsolete with time. But leasing helps businesses to overcome the financial burden of investing in this equipment. There is a wide range of rental options available with Canon Laser Printer dealer in Delhi. For example, if a two-year lease of your machine expires, you’re free to lease the latest equipment without thinking about disposal, exchange, or selling the old machine.
o Save your monthly expenses. A lease agreement has a fixed monthly cost which can help you to budget and manage the company’s finances more effectively.
o No Cash down Fund -Many businesses stumble with cash flow in the growing stages and require a regular cash flow to be made available to help grow their business. Leasing equipment doesn’t require any down payment and you can easily buy new equipment without tapping into much-needed cash funds.
o Competition friendly- Leasing helps small businesses to get the latest technology or tool or equipment which otherwise might not be affordable. This results in the ability to catch up with bigger and better competitors without draining your financial resources.
Express Digital systems deals in all kinds of printers, scanners, and photocopiers. You can also hire all kinds of photocopiers, printers and Canon LCD Projectors. They are the best to advise on whether it is right to lease or buy this equipment for your business and provide competitive pricing for both options.
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