Today, these multifunctional devices can copy, print, scan, fax, and are an integral part of the document management of a professional office. With so many businesses attempting to go paperless, the Photocopier and Print Solutions in Hamilton Ontario, Canada/multifunction device becomes a powerful technology tool.

We know it can seem a bit confusing but to help you figure out which option is best for you, so let’s take a look at the pros and cons of both leasing and buying technology equipment, plus the questions you should ask to ensure you get the best deal.

The Benefits of Leasing a Printer

Leasing keeps your equipment up-to-date. Photocopier and Print Solutions in Brampton in Ontario, Canada eventually become obsolete. With a lease, you pass the financial burden of obsolescence to the equipment leasing company.

For example, let's say you have a two-year lease on a copy machine. After that lease expires, you're free to lease whatever equipment is newer, faster, and cheaper. (This is also a reason my wife prefers to lease her cars.) In fact, present of respondents who were surveyed said that the ability to have the latest equipment was leasing's number-one perceived benefit.

• Know your monthly expenses.With a lease, you have a pre-determined monthly cost, which can help you budget more effectively.
• No down payment.Many small businesses struggle with cash flow and must keep their cash available to help grow their business.  Leases rarely require a down payment, so you can acquire new equipment without tapping into much-needed funds.

Keep up with your competition. Copiers for Rent and Lease in Richmond Hill in Ontario, Canada can enable your small business to acquire sophisticated technology that might be otherwise unaffordable. The result: You're better able to keep up with your larger competitors without draining your financial resources.