There are many different needs for items in a business, from the initial front desk reception position to the various marketing and advertising services. But there are a few items that every business must have in order to produce their products and operate; one of these is copier equipment. Copiers can be expensive for such a large purchase, so leasing may be the more practical route for some businesses. In this article, you’ll find five reasons why leasing a copier machine may be the way to go.
Leasing a Copier Machine Will Save You Money
Leasing a copier machine will save you money because you will not have to worry about the cost of repairs or maintenance. When you own a copier, you are solely responsible for its upkeep. This means that if your copier breaks down, you will be the one to pay for the repairs. Because of this, it is important that you have a maintenance agreement in place so that you do not end up having to pay more than necessary for repairs.
Leasing a copier can also help save you money because it allows you to upgrade your copier when new models come out. This means that if there is a new technology or features that your business needs, you will get the latest and greatest technology without having to replace your old copier.
Find The Right Lease to Meets Your Business Needs
There are many factors to consider when choosing a copier lease for your business. The first is the type of business you have. Do you need a black and white copier or a color copier? How many pages per month do you need to print? What kind of volume discounts does your leasing company offer?
The second factor to consider is the length of the lease. Most leases are for terms of 36, 48, or 60 months. You’ll want to choose a term that allows you to get the most out of your investment while still maintaining cash flow for other expenses.
The third factor is price. Leasing companies vary widely in their pricing, so it’s important to shop around and compare offers. Be sure to ask about any additional fees or charges, such as delivery and set-up fees, so you can get an accurate comparison.
Finally, make sure you understand the company’s policies on early termination and equipment upgrades. Some companies charge hefty penalties for early termination, while others allow customers to upgrade their equipment at any time during the lease term. Choose a company that has policies that work best for your business needs.
How To Qualify for a Copier Lease
Speaking solely in generalized terms, to qualify for a standard copier lease, businesses must meet the following criteria:
-The business must be in operation for at least one year.
-The business must have positive cash flow.
-The business must have good credit.
If your business meets the above criteria, you may be eligible for a copier lease. This type of financing can be beneficial for businesses that want to conserve cash and avoid a large upfront purchase price. This can help free up cash flow so your business can invest in other areas or grow in other ways.
Rankings: The Top 5 Reasons to Choose A Copier Machine Lease
- Cost-effective: Copy machines can be expensive, so leasing one can help save money on upfront costs.
- Low maintenance: When you lease a copy machine, the company you lease it from is responsible for maintaining it. This can save you time and money on repairs.
- Tax-deductible: Leasing a copy machine is often tax-deductible, which can save your business money come tax time.
- Flexible terms: Most copy machine leases have flexible terms, so you can return or renew the lease as needed.
- No long-term commitment: Because leases are typically shorter than purchasing a copy machine outright, there is no long-term commitment required when leasing. This can be beneficial for businesses that may not need a copy machine long-term or that want the flexibility to upgrade to a different model down the line.
How Common Sense Business Solutions Can Help
There are many benefits that businesses can take advantage of by leasing a copier machine vs. buying one. Perhaps the most obvious benefit is that it can help save the business money. When a business leases a copier machine, they are able to get the latest and greatest model on the market without having to pay the full purchase price. This can be a significant savings for businesses, especially if they upgrade their machines often.
At Common Sense Business Solutions, we believe that every business needs a copier, but not every copier is right for your business. This means we will work closely with you to find a perfect copier for your budget and your current and future needs. Let us help you find the perfect solution for your business today!