As a small business owner, you may find it difficult to justify the cost of purchasing and maintaining a copying machine. When it comes to the initial expense of purchasing a copier, operational budgets may be stretched past their profitable boundaries.
In addition to reducing the upfront cost, copier rentals can offer a number of other advantages. Here are some of them:
1. Leasing a copier is a budget-friendly option
Lease a copier to ease budgetary worries. Leasing a copier from a reputable outlet like Toshiba allows you to better manage your financial resources because you don’t have to make a single hefty payment at the time of purchase.
If you want the most payment options, you may even customize the length and terms of your lease. Added to this, the specified payment amounts are unaffected by other market-related factors like changes in interest rates.
2. Renting is better for your taxes
Leasing a copier instead of buying one saves money on taxes. Purchases of copiers are only eligible for the depreciation allowance, which normally amounts to 40 percent of the purchase price in year one and 25 percent of the purchase price in year two.
You can deduct the entire payment each time you make it if you’re leasing a copier because the lease payment is considered a pre-tax business expense.
3. Access to improved technology
Copy machines depreciate as they are used and newer technology is constantly introduced. If your company buys copiers or printers for sale, the only way to improve the technology is to buy another new machine.
Additionally, you’d have to get rid of the old one, which would add to your already lengthy to-do list. Most lease agreements for copiers and Toshiba printers, on the other hand, include options for upgrading the copier at a predetermined date in the future.
Your company will always be in sync with the latest office technology thanks to these lease agreements.
Since newer machines offer reduced per-page costs, avoiding obsolescence means more efficient copying, as well. Higher profitability and a better return on your leasing investment can be achieved through increased efficiency.
Obsolescence is a huge concern for some businesses. Basic printers and copiers are less susceptible to obsolescence than high-tech printers with specialized capabilities for businesses that need them.
Either way, renting a copier gives you access to the best devices on the market, and allows you to exchange them for updated models down the line.
4. Access to maintenance teams
Digital printers and copiers are tremendously complicated and highly-engineered equipment that achieve astounding mechanical and physics marvels on a minute basis.
There are occasions when getting a device working again is simple and uncomplicated, but more often it is impossible for individuals who lack the necessary skills and ability to fix serious maintenance problems.
For this reason, it’s best to go for a digital printer on lease, which provides you with a team of devoted professionals equipped with the necessary training, specialized equipment, and spare parts.
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Copiers still play a very important role even in the digital age. A copier lease should be your first consideration for efficiency and cost effectiveness.
