Benefits of Renting Tech Equipment for Your Business

Benefits of Renting Tech Equipment for Your Business | HTR

Tech equipment is advancing so rapidly, it can be difficult knowing whether you’ve got the most up-to-date stuff, or whether you even need it. 

It isn’t cheap, and as a business owner, you’re doing all you can to control costs while having the tools and resources to do your job and service clients/customers. For this reason, you might want to consider renting over buying.

Does it make sense for your business to rent? Let’s examine more closely why this approach makes sense to 80 percent of businesses across the nation. First, businesses need to set proper expectations. These include:

Costs

Buying everything up-front is going to cost you a lot of money. It’ll put a drain on your cash-on-hand, for sure. And if you’re like most small businesses, you need that cash to ensure operations are on-track. 

Product Knowledge

Buying the right tech equipment for your business means knowing what the right tech equipment actually is. If you’re in a business where technology is more a means to an end than the actual end, this can cause you to make some poor choices.

Ongoing Expenses

Deciding to rent instead of buy will, in fact, come with ongoing expenses. But as you’re about to find out, there’s a trade-off to this that’s worth exploring.

Reasons to Rent Tech Equipment

Now that you know what to expect from buying versus renting tech equipment, let’s talk about the real value of renting. Here are some of the reasons to rent.

1. You Get Current Tech

Reputable companies know it's in their best interests to bridge technology gaps they may be facing. Renting is a great way to do it.

That's because the rental company should know exactly what you need and how to service the equipment when repairs and maintenance are necessary. It sure beats taking a gamble on your own expertise.

2. You Know Your Costs

A computer rental means knowing what you can expect to pay each and every month. This allows you to plan for the costs with your regular budgeting and mitigates the need for costly repairs or replacements in the middle of a budget cycle.

3. You Get Up and Running Without a Huge Expense

Business computer leasing is particularly attractive because businesses always need operating capital. One large expenditure — such as the kind that comes with purchasing — makes it difficult to pay expenses on time. With a rental, you spread the smaller expense month-to-month.

4. Maintenance is Easier

The "renting versus buying equipment" often comes down to maintenance. How possible is it to find someone with the proper skill set to work on equipment you've purchased independently?

With renting, the people doing the repairs and maintenance are well-versed in what they're working on. This makes it much easier to handle unexpected blips and difficulties.

5. You Make Better Use of Your Time

Renting technology puts your technological needs on auto-pilot. As a result, you can focus on the core of your business instead of the mechanical side that supports it. 

Renting Technology ... a Worthwhile Endeavor

Before paying too much for tech equipment you're not familiar with, consult with a technology rental company and see which options are available. Many rent laptops, computers, scanners, copiers, even phones. If you need to get started soon — or even right away — contact us today about a free quote. Our Sales team will make sure you get the right equipment that fits your budget!