Top 7 Reasons Why Leasing a Printer is a Smart Business Move
Before purchasing any asset for your company, as an entrepreneur, you must always ask yourself, "Should I buy it? Or go for a lease option?"
While buying any machinery gives you ownership rights, one thing you must not forget is the cons behind it.
On the other hand, going for the other option, say, you need a printer for your business, then making the right choice would be crucial.
If you think of getting a printer on lease, you may give yourself the leverage to ensure smoother operations for your business. How? If you may wonder? This is because acquiring and maintaining the printers costs heavily while leasing them can be a smart and practical move for your company.
To understand more detail, keep reading this blog post until the end.
Why is Printer Leasing Booming in Australia?
Previously, business owners or managers used to buy expensive assets like printers to run their businesses smoothly. Yet, they didn't realise one thing: the unnecessary wastage of cost, efficiency and time of the workforce.
But now, in Australia, many businesses have been seen following a remarkable shift in their mindset as they have realised that leasing printers is the only choice that will benefit their business, leading to more profits.
What are the Advantages of Getting Printers on Lease?
When looking forward to this option, here’s what you can get:
A Cost-Effective Approach:
When you lease the printers instead of buying them, you save yourself from paying all the amount at once and pay slowly over a long period. This makes it the right cost-effective solution if you are a business owner just starting a new venture. This also means that when you pay a certain or fixed amount, you don't have to worry about maintenance or repair costs, as it is the responsibility of the leasing company from whom you hire your printers.
Flexibility:
The freedom to choose any printer model at a time makes this option a viable solution. When you lease a printer, you can use it for a certain amount of time, like six months or two years and switch to a newer one when your lease is over. This way, you can always get new and updated models of printers without spending a lot of money on acquiring them.
Regular Upgrades:
Similar to the above point, leasing a printer allows you to upgrade to a newer model once your lease expires periodically. This benefit is particularly useful for companies that rely on larger technologies and need to update with new developments to stay competitive. These companies may make a smooth transition to advanced printers and guarantee that they have access to the newest and most accessible features.
Improved Efficiency:
Leasing a printer can improve your team members' efficiency within your office environment. These printers have advanced features such as automatic duplex printing, scanning, and copying, saving valuable time and boosting productivity. Furthermore, leasing companies often provide training and support to assist you and your team maximise the equipment's potential.
Tax Benefits:
You can enjoy a range of tax benefits by getting a printer on lease. The reason behind this is that the regular payments you pay towards the lease agreement are considered a business expense, which you can subtract from your taxable income. Doing so can effectively decrease your total tax obligations and enjoy further financial savings for your business.
Enhance your Cash flow:
One benefit of an improved cash flow is that it can greatly enhance your cash flow. Instead of spending a large amount of your saved money on buying an asset like a printer, you save the option to divide the cost into smaller monthly or yearly payments. This allows you to invest your cash in other core business activities, such as investing in marketing strategies, expanding your workforce, or stocking up on inventory. This is great for small businesses or those who have just started and have limited cash reserves.
Environmental Benefits:
Do you know that going for this option can also be beneficial for the environment? One advantage is that leasing companies are responsible for disposing of their machines once the lease agreement ends. As a result, businesses are relieved of the burden of finding environmentally friendly ways to dispose of their equipment. Furthermore, leasing companies frequently provide eco-conscious copier machines that consume less energy and generate less waste. Consequently, these environmentally friendly devices contribute to a reduction in businesses' overall environmental footprint.
Conclusion:
If you are looking for a way to get a printer for your business without having to incur large sums of money and getting new and advanced features that improve the productivity of your team members, then you must go for the lease option. We at Tel5 are proud and accredited partners of top print management companies like Konica Minolta and Kyocera.
So get in touch with us today and be ready to embrace the benefits of printer leasing!