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1. Office Technology: Should You Buy or Lease?

Should you buy or lease your next printer? Which option makes more sense for your company comes down to a number of factors. 

Purchasing a new printer outright requires a significant capital investment up front that many small businesses are not in a position to make. However, by doing so you’ll realize lower yearly costs compared to leasing when you factor in interest and finance charges, as well as be free of debt and monthly lease payments. That said, when you own a printer any maintenance issues are your responsibility unless you have a warranty or sign up for a maintenance plan upon purchase.

Tags: Printer, buy vs lease, Office Technology

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