Should you lease your IT equipment? - Zantek Information Technology Inc.

Should you lease your IT equipment?

Remove financing roadblocks to get game-changing technology now

Posted By: Zantek

Think of your business goals this year – is even one of them NOT supported by technology? Like most small and midsize businesses, you likely understand the strategic importance that technology plays in your operations. Your practical side, however, weighs the cost of upgrading your systems and adopting cutting-edge business enablers. Now ponder this…what’s the cost of doing nothing?

Lease equipment to fast-track your business goals

Increasingly, Canadian businesses are fast-tracking their business goals by leasing equipment they need to support them. It can be a cost-effective way to accelerate plans without tying up cash for other resources. Here’s why…

  • žNo upfront costs or deposit
  • žLease expenses are recorded as tax-deductible operating expenses rather than a capital expenditures (ditch the long, complicated capital cost schedule)
  • žNo effect on lines of credit or bank debt ratios

If you’re planning to expand into new markets, grow your operations, or improve your customer experience, leasing equipment – and even service bundles – might be the best way to quickly get game-changing technology working for you. Virtually all hardware, like laptops, servers, and networking equipment, can be leased. It may cost more over the long term but at the end of the lease you’re not burdened with obsolete equipment. When the lease is up, you can often purchase the equipment or start another lease on new (and possibly cheaper) technology.

Takeaway – consider all of your options

The technology that drives your business goals is a critical success factor. It’s far too easy though to let barriers, like financing, impede your progress. At Zantek, we make IT easy by removing roadblocks so you can focus on the big picture. Whether you need a make-it-happen strategy or an unbiased opinion on your existing plan, we’ll present you with options that accelerate your goal achievement.

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