4 Advantages of Business Computer Leasing [aboutcomputer99.blogspot.com]

4 Advantages of Business Computer Leasing [aboutcomputer99.blogspot.com]

Equipment leasing involves intelligent decision making, when compared to financial loans or other purchases that involve cash purchases. There are many benefits of equipment leasing than investing cash reserves in equipment. This surely makes the business enterprise asset rich but poor cash. When a business is cash poor, it is severely affects its ability to grab new opportunities or to adequately respond to changing market conditions.

aboutcomputer99.blogspot.com Benefits of Equipment Leasing

Computers are an essential part of any business venture today.

Whether you're running a brick-and-mortar company or an ecommerce site online--having the right computer equipment greatly enhances both the productivity and profitability of your business.

But, there is one major setback every company faces when it comes to owning their own computer equipment: obsolete technology. In fact, given the speed of innovation with today's technology, even the most cutting-edge computer is dated the moment it's taken out of its box.

That's why more and more companies are turning to business computer leasing as a cost-effective solution.

Some Advantages of Business Computer Leasing

Due to its numerous advantages over purchasing, business computer leasing has become a viable option for businesses of all sizes to seriously consider.

Advantage #1: One of the main advantages of leasing business computers is that you can increase prod uctivity by keeping your equipment up-to-date with the latest microprocessors and RAM capacity. This is one case where the old adage holds true: time is money. The time you save will make the equipment pay for itself over a very short period of time.

Advantage #2: Next, by going with business computer leasing as opposed to purchasing, you will tie up far less of your capital and lines of credit. This will allow you to invest those resources into other areas of your business, further enhancing the growth of your company. Having this kind of flexibility is even more beneficial for start-ups, since it will let them free up the working capital they need for day-to-day operations and unexpected expenses.

Advantage #3: Additionally, business computer leasing can present significant tax savings. Since a monthly lease payment is viewed as an operating expense and not a debt, many companies realize a tax savings using this structure. As always, be sure to consult with your tax advisor to find the best strategies for your business.

Advantage #4: And perhaps the most compelling reason of all is that equipment leasing allows you to grow your business without significant out-of-pocket expenses. It gives you the flexibility to capitalize on trends and opportunities so you realize greater market share and profits.

Business Computer Leasing Lets You Keep Up With Technology

By staying on top of the latest technology, you give your business the greatest chance of success. Since the typical lease lasts around three years, leasing business computers will allow you to refresh your technology in a consistent and structured way.

Every company should seriously consider the option of business computer leasing before they make their next technology purchase. By strategically using capital and increaing cash-on-hand, your business may experience less risk and greater growth.

Related 4 Advantages of Business Computer Leasing Topics

Question by ev: Can I write off leased computer as a tax deduction? I am thinking about leasing a high-end computer which my wife will use at home for work related purposes. She works as a full time employee (not contract) for a company but she can access to her work online from home. Can I write off as business expense on my taxes. Best answer for Can I write off leased computer as a tax deduction?:

Answer by tro
what business? if she is using this for her employment, is there a compelling reason for her to do this? is the employer requesting it? does she not have the proper equipment to perform her job at work? if not, not a employer related deduction either

Answer by Age of Reason
No you cannot since you do not have a business to write it off against.

Answer by travelguruette
If her employer requires her to work at home and requires her to use a laptop it is a schedule A deduction with a 2% agi adjustment. You can only write off the percentage used for work versus personal use.

Answer by Let me steer you
In almost any example you can give concerning a home computer, the answer is NO.

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