Classified Ads
for Businesses

Start In Business
Bookmark and Share
 home
  Advice on Leasing Computer Equipment : United Kingdom
leasing equipment

home
site menu

Related Pages





Date: 2/10/2002

Tips on Purchasing Computer Equipment
- Leasing

By Richard Dean, CompleteSynergy
http://www.completesynergy.com
Copyright 2002

Small businesses are among the largest purchasers of computer equipment, but with technology prices soaring few can afford to invest in new equipment. Richard Dean investigates the advantages of leasing.

Buying computer equipment causes many small business owners' sleepless nights. Increasingly technology plays an important role in the workplace; it can improve staff efficiency, cut costs and improve the customer experience leading to more sales. Unfortunately these benefits don't come cheap, especially for small businesses that have limited capital and often cannot afford the huge cost associated with new equipment - 15,000 is not unusual for a network of five computers.

Leasing is an option that offers a huge number of benefits over a traditional bank loan. In a leasing agreement, a leasing agent purchases the computer equipment and then rents it to you over a number of years, typically 3 to 5. Your business pays a fixed monthly sum, which is manageable and can be incorporated into business plans and cashflow forecasts. Even better, you can claim full tax relief on the value of the equipment, because your business never actually owns the equipment. At the end of the lease period you can normally purchase your equipment for a nominal sum (50 or less) or simply swap the equipment for the latest models.

Leasing protects you from IT depreciation, which is all too common in the rapidly developing arena of computer technology. If you decide that a computer is too slow, then you can simply swap it for the latest model, often with no or very little change in monthly payments.

Depending on who you choose to lease with, you can also benefit from technical support over the life of the lease which removes the need to employ a full time (and expensive) IT expert. "Our clients are predominantly small business owners, who realise the need for IT, but lack the technical skills needed to choose the best equipment for their needs and resolve problems that may occur," says Mr John Swarbrick of CompleteSynergy who lease IT equipment nationally to small businesses. "We provide peace of mind technically as well as financially on an IT investment, allowing business owners to focus on what they do best; selling."

Leasing is growing fast in the UK and is set to increasingly feature as an easy solution to the nightmare of purchasing IT equipment. With the right agreement it could benefit your business and even improve cashflow. As with all financial decisions however, seek advice from your accountant before committing to additional expenditure. Sweet dreams!

Contacts

Richard Dean, CompleteSynergy
http://www.completesynergy.com




'Start in Business' Best Sellers :

The Beermat Entrepreneur : Advice on Turning a Good Idea into a Great Business.
How to Make Millions With Your Ideas : An Entrepreneur's Guide.
Richard Branson : The Authorised Biography
Motley Fool : Make your Child a Millionaire.
Hackers and Painters : What impact will programmers have on the rest of us?

Legal Document Templates :
Trading : Debtors & Creditors, Contracts & Letters etc.
Corporate : Corporate Docs & Forms, Company Admin, Companies House Forms
Employment : Recruitment, Staff Management, Discipline & Dismissal
Health & Safety : Health & Safety Statements, H & S Forms

Retailer's and Trader's Resources :

UK Wholesale Directory + Product Database :
SimplyWholesale : Find suppliers & view live wholesale offers.

Wholesale Directory - List of Suppliers :
UK-Trader's Wholesale Guide : Used by thousands of traders. Instant download.

Business Software :
Business Plan Software : Generate a solid business plan.

Gadgets / Future :
Electronic Product Code ( EPC ) Network : Research into the future of products
Buying Gadgets : The first Bluetooth products on the market.
Making Gadgets : Programming wireless devices with Java 2 ME.

Fun Stuff / Entertainment :
Ghana Soundz, Music : Probably the best music you will ever hear
The Office, TV Series : Useful when training your staff!
Need a Better Office Ambiance? : Sound like a call centre on the telephone!

 
last modified: October 02, 2002