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What are the pros of computer equipment leasing?
I was all set to lease some computer equipment for my business, but then a colleague brought up a valid point – what happens when the system ages and you still have to pay on equipment that you aren’t using? Do you think leasing computer equipment is worth it? Why would one choose to lease instead of purchase?
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It's all about cost and cashflow. If you need the latest technology for your business, you are correct, being locked into a 2 year lease will tie your hands. But if you need workstations or standard servers, leasing works well. Also, lease payments are directly deductible by the business, whereas outright purchases might need to be deducted over time.
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