To be able to upgrade to cutting edge technology on a regular basis ensuring you don’t get left  frustrated with old tech.  There are specific tax benefits to leasing, mostly around cash flow and it not becoming a major purchase, meaning your can claim on the entire payment each quarter, which we strongly recommend you discuss with your accountant or finance department. 

By keeping your cash flow liquid, it will enable your business to invest that money into other assets like staff and major purchases, like leasing/buying/renting office space.  Photocopiers depreciate in value and businesses prefer not to take on the responsibility of disposing of machines.  Upgrade early is possible with leasing and is sometimes required by clients who have major changes arise.

Capital

Small businesses seldom have unlimited capital at their disposal. Saving financial resources for exploring business opportunities and for making purchases that appreciate over time is far more important than investing in office technology that will only lose value. Avoiding big purchases like copy machines keeps bank lines of credit available for more significant business needs. Lease agreements may even include the cost of supplies, further reducing the initial payout.

Budgeting

Leasing a copier can alleviate budgeting concerns. Instead of making one large payment at the time of purchase, leasing a copier establishes a set schedule of much smaller payments, enabling you to better arrange financial resources. You may even choose the length and terms of your lease arrangement to offer the most payment flexibility. Changes in interest rates also do not affect the established payment amounts

Taxes

Copier leasing provides a distinct tax advantage over copier purchasing. If you buy a copier, you may only deduct the machine's depreciation, which is typically 40 percent of the purchasing price the first year and then 25 percent of the purchasing price in subsequent years. However, if you lease a copier, the lease payment is considered a pretax business expense, meaning you can deduct the entire payment each time it's made.

Technology

Copier machines depreciate over time, losing value due to use and to the constant introduction of newer, better technology. If your business purchases a copier, you can only upgrade in technology by investing in another new machine. You would also need to get rid of the previous model, adding to your time expenditures. In contrast, most copier lease agreements have options to upgrade the copier at a predetermined date. Such lease arrangements enable your business to always be in line with the newest office technology. Avoiding obsolescence also means more efficient copying since newer machines have lower per-page costs. Efficiency translates to increased profit and a greater return on your lease investment

1. Greater, long-term expense.
2. You have to continue paying even if you stop using the equipment. This is due to lease terms that include a lease period.
3. Increased administration, negotiation time and any legal costs in reviewing contracts

• Fast Install
• Shorter commitment
• Ideal for one off events
• Exhibitions less commitment

• Ownership
• No agreements (that may be hard to terminate)
• Spending less compared to what you spend on leasing