If you own one of the 30.2 million small businesses in the USA, you may often find that your budget is stretched thin. As the cliche goes, "to make money, you have to spend money," but what if you just don't have that much capital to spend?
Then you can try renting equipment for your business. Here are 5 ways equipment rentals can make your company more successful.
Ways Tech Rentals Can Boost Your Business
1. It'll Save You Money
You won't have to spend a significant amount of cash nor seek financing with equipment renting. Equipment rental companies will have very affordable pricing for the duration you need equipment for.
Plus, you won't need to worry about spending money to keep your devices running. The only expense you'll have to handle is the rental fee.
2. Capture Leads More Effectively
When you're at a convention and have thousands of potential leads, writing everything down by hand can be very inefficient. Not only is it slow, but it's hard to put into your system afterward. Yes, there are programs where you can scan handwritten information or business cards, but they're often inaccurate and time-consuming.
By renting tablets or other electronic devices, you can streamline the entire process, leading to more leads captured. You can even easily sort them into hot or cold easily at the moment.
3. You'll Get the Best in Technology
Getting the latest in technology can be essential in some industries, but constantly upgrading and replacing your equipment can be costly, especially when you're just starting out and don't have much capital.
Equipment rentals enable you to offer both your employees and clients with the best in technology, without having to spend a fortune on it. And should the equipment fail at any point during your rental period, it's not your responsibility to shell out money to fix it.
4. Make Good Use of Your Office Space
Small businesses usually don't have much square footage, so do you really want to allocate a decent amount of storage space to a projector system that you use once or twice a year, tops?
Equipment rental companies allow you to clear up space and make better use of it by offering short-term hires of equipment you don't use often.
5. Get Tax Incentives
When you purchase items yourself, it's classed as an asset and will depreciate (lose value over time). However, if you rent equipment, you can deduct the costs as business expenses. That way, your company's overall portfolio won't be hurt by your depreciating assets.
Boost Your Business with Equipment Rentals
As you can see, if you don't have much budget to work with but still need the latest in technology, equipment rentals are a good solution. You'll only pay for the period you need it, plus you won't have to spend money on upkeep. Not only will this save you money, but it'll also save on the much-needed space in your office.
If you need to rent some equipment soon, then request a quote from us now!