How Leasing IT Solutions Benefit Startups And Businesses
Leasing versus buying has always been a haughty debate within the corporate industry. Startups and businesses have a limited capital that they need to apply for their critical operations. The journey from startup to well-established businesses is a long one, and all expenses must be focused on more critical aspects of the business.
Companies have come up with another genius way to assist startups and businesses. Experts in the IT industry have come up with financial solutions for IT and Printing. Comprehensive leasing services are now being offered by Xerox Dubai covering PC’s and Telecommunication equipment.
This article aims to highlight how leasing printing and other solutions may benefit startups and businesses:
Benefits Of Leasing Print Solutions
Since startups demand stability and predictability in case of their printing and IT solutions leasing out these functions may be a viable option that startups should consider.
As is the case with startups, leasing IT printing solutions are ideal for startups where the cash flow is tight. Because of its predictable expenses, it allows startups to plan and budget beforehand. Depending upon your seller, a lease agreement may include various services and supplies that benefit you in the long run.
Buying Vs Leasing
Since startups have to watch their expenses at every step, leasing out important functions may be the best option for most of these startups because upfront costs for office equipment such as printers, photocopiers, scanners, and other printing solutions may be higher than using a leased solution.
Where buying may require upfront payment for equipment, leasing allows startups to provide payments over a period decided by both parties. Over a period startups can plan the monetary distribution and pay for the services.
Use Of Advanced Technology
Well, reputed leasing services providers always have the best, advanced and up to date technology which new businesses and startups can use, without having to spend a generous amount on it. The service providers are always in touch with technology so you won’t be missing out on anything.
Along with that, a leased solution may be used temporarily, when buying a particular, highly advanced equipment may be difficult to purchase.
Testing Before Buying
Another important aspect of leasing is the willingness to test certain equipment and service and observe its results as per your company’s requirement.
A multifunctional device that you liked may be too expensive for you startup to spend on. Before you exhaust all resources to buy this piece of equipment, taking it on lease for a short time period could be a better option. Once due diligence has been done regarding the equipment, you get to decide whether it’s worth it or not!
Outsourcing Additional Headaches
Most startups and businesses have a lot on their minds without the additional problems associated with the maintenance of printers. A leasing solution allows startups to freely perform other critical activities without having to worry about the maintenance of office equipment and its maintenance. Breakage or other problems associated with the printers can be resolved without the interference of startups.
Easy Disposal
Startups may not be aware of the government and environmental regulations that are in place, dictating how office equipment and machinery needs to be disposed of. For startups, space availability is limited, and it is impractical to have old printers sitting in the storerooms.
Leasing office equipment ensures that any worries that you did have about the disposal of equipment are swept aside, leasing partners can do the job for you and also erase all company-specific data.
Flexible Payments
Financing solutions help design a payback plan that's according to your needs. The buyer can choose whichever option makes them feel more comfortable and also works to provide the right technology for startups and businesses. The large deposit associated with buying equipment seems unfavorable in the presence of leasing solutions.
Why Lease, Why Not To Buy!
In financial terms, all office IT equipment that you purchase becomes a depreciating asset, and it also depreciates faster than most of the other assets of an organization. By allowing startups to spend on resources that do not depreciate, leasing provides companies more freedom, in terms of spending on assets that do not depreciate over time.
Experts in the IT industry, like the might Xerox Dubai, are partnering with Lease Finance providers in an attempt to provide customers, with more viable IT and print financing solutions which aren’t limited to printers but also include PC and telecommunication systems. With experts handling printing, startups and businesses can focus on more important aspects of their business!
