In the current scenario why going for a printer on rent is a better option than to buy?
Be it a college student, or a software professional, or a parent with a school-going kid, everyone needs to take prints almost every day. Realizing this, you decided to open a printing enterprise. After renting the building for the shop, it’s time for you to look for the most important equipment you need- a printer. Now you get tons of suggestions on whether to take printer rental services, that is, to rent a printer or to just to buy one of your own. If you are in that dilemma, go ahead and read this article.
Rental services:
Here you rent a commercial printing machine from someone for a specified time and pay them in instalments.
Advantages
- Lower initial investment- Not everyone has a huge budget to start a business. So, renting would save some money in the beginning. You can arrange for the instalments once you get your business running.
- Possibility of up-gradation- You don’t have to worry about printer getting outdated with time.
- No hassle- No worries about discarding the printer once you are done with it.
Disadvantages
- Overall high cost- Even though you are paying the owner in installments, the overall cost would be higher than buying a printer.
- In a contract- Getting into a contract with someone at the starting of the business might not be a good idea.
Purchasing a printer:
Advantages
- Less expensive-The overall cost will be lesser.
- Flexibility in maintenance-If you are renting a printer, you are at the mercy of the owner and bound to keep using the machine even if it creates problems. But here, you are free to fix the problems.
- Recoup investment-You can sell the printer after use.
Disadvantages
- Initial expenses are high-Can be a problem if you don’t have enough budget.
- Replacement costs-Once the technology is outdated, you’ll have to invest again for upgrading the machine.
So, make sure you weigh out all the choices before buying the most important tool for your business!
Disclaimer: This article is a personal opinion and does not constitute any advice. Please consult a professional for advice. We are not liable or responsible for any damages resulting from or related to the use of this information.