Explore two fundamental options you have when leasing office equipment. Zero in on key components to each so you can decide, ultimately, what makes business sense for you.
So, you are leaning towards leasing your equipment rather than purchasing it. Outstanding. Similar to so many other organizations today, you realize that revenues are generated and productivity is heightened by leveraging the use of the latest technology – not by simply owning it. Trust us, no one likes being trapped in antiquated technology.
When it comes to leasing, you certainly have options. However, before we rush into answering your question, we will present you with another one first: “What makes good business sense to YOU?”
As trite as it may seem, it is an important question to ask before you put pen to paper and start rolling equipment through your front door. Because when it comes to juggling the leasing fruits available to your organization, you are in many ways dealing with "apples and oranges."
With regard to your question, we'll discuss two available options with most office equipment providers: A). leasing “In-House” or B). leasing with a third party provider. A common misconception people make when comparing an in-house leasing program to that of a third party is thinking of them synonymously. While there are similarities, there’s more than a fair share of differences between the two. Knowing the moving parts could help determine the direction best suited for you — apples or oranges.
So, what makes good business sense to YOU? Let’s cut into the key details.
Leasing "In-House" entails doing so directly with your servicing partner. Off the top, something to consider: When the same company that you acquire your technology solution from, is the same company that services it, and is the same company that holds your lease, it can make for a mutually empowered business relationship built on trust and accountability.
The key factors to consider when looking “In-House:”
In the office equipment arena, there are a variety of third party options available. If you are seeking the most inexpensive available rate, and are less enthusiastic about the flexibility and accountability that comes with “In-House” options, you may want to consider a "Third Party" leasing approach.
The key factors to consider when leasing "Third Party:"
One of the things that will ensure all these elements stay on track throughout the journey of your lease is regularly scheduled reviews. Research your potential partner and look for one that routinely schedules strategic review sessions where performance is reexamined, and future goals and objectives are discussed.
Continued communication ensures there aren't gaps in performance, any billing or payment uncertainties, or any unwanted surprises at the end of your lease.
"Apples or oranges," choosing your leasing option comes down to the question we presented to you earlier: What makes good business sense to you? The best way we know to determine that is to sit down, have a thorough conversation about your business goals, challenges and objectives and help you ultimately select what route is best for you, and we can help you maximize your return on technology investment.
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