Businesses, especially startups, are faced with the dilemma of whether to buy or go for IT equipment rental. There is no doubt about the fact that IT equipment is required to meet a number of business needs and are crucial for the success of any business, but the problem is that the technology is continuously changing. The equipment that you buy today can become obsolete in a matter of just two years. This puts pressure on you to upgrade your IT equipment every now and then. Otherwise, you may lose out on the competitive edge that technology offers. The aim of this article is to highlight the advantages that IT equipment rental offers and also the services offered by IT equipment rental companies.
IT Equipment Rental – Some Benefits
It helps you make use of the latest technology. You can get the latest IT equipment from the rental service provider and use them in your business without blocking your funds. When you choose to go for IT equipment rental, you don’t have to bother yourself with identifying the latest in the market and waste your time. You can focus more on your core business. You don’t have to invest in IT equipment and the available cash can be used for taking care of some of your core operations. You are also not required to borrow money for buying IT equipment. You don’t have to worry about upgrading IT equipment from time to time. Businesses can deduct IT equipment rental paid from taxable income.
IT Equipment Rental – Services Offered by Providers
Most IT equipment rental service providers guarantee a customized personal service irrespective of whether your requirements are large or small. Once you have broadly identified your needs, the service providers send their team of experts to your office to help you identify the best options for your particular requirements. Customization of service also includes identification of software and programs that will help you realize the optimum benefits. Some service providers offer cash back when you upgrade the systems after every two years.
Most often the IT equipment rental service providers include the maintenance of the equipment as part of the contract. This means that you don’t have to have on your rolls experts to handle maintenance issues. You just need to call the service provider and they will sort out the issue for you. The range of IT equipment that you can take on rental basis include personal computers, laptops, Apple Macs, plotters, servers, networking products, scanners, photocopiers and printers.
IT Equipment Rental – Options
IT rental service providers offer various options to business. IT equipment may be rented short- or long-term basis and on rent to buy basis. You can rent for a day, a week, a month or longer periods of time. In case you want to use the IT equipment for a longer period of time, you will only be changed on the basis of the additional time you have used the equipment. You may not even have to pay for the entire month if you choose to keep the equipment for a few days more.
Many businesses choose the long-term option provided by the rental companies. They find it convenient to rent the equipment for a year and then upgrade to latest technology as they don’t have to worry about both disposal of old equipment and finding the capital outlay for buying new equipment. In the rent-to-buy option, you can rent equipment for 12 months and enjoy tax benefits. You can then decide to either buy off the equipment at 25% of the original price or keep the equipment by paying rent at 50% of the initial rent.