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Benefits of laptop rental for your business

Posted by Mark Bates
Oct 3, 2017

Wherever you are in your business journey, the cost of computer hardware is likely to be just one of the expenses you will have to incur. With resources extremely tight for growing business, it’s understandable that you’re going to be looking to make savings wherever you can, but there are certain business costs you can’t really avoid. Most business owners assume buying equipment such as laptops and computers is one of those essential costs. However, that’s not always the case.

Laptop hire is one option an increasing number of small businesses are choosing to use. Rather than buying laptops upfront and reducing the levels of cash flow in the business, more and more SMEs are looking to rent or lease their equipment and ease their financial burden.

Although reducing business costs is certainly one of the most compelling benefits of laptop hire, there are also a number of other advantages that make it an increasingly attractive option.

Top eight ways laptop hire comes out on top

1.Conserve and control cash

The ability to hire equipment rather than buying multiple laptops upfront can help to conserve your working capital for day-to-day business expenses. That includes rent, tax and utility bills, wages, payments to suppliers, and other essential expenses the business could not operate effectively without.

2.Capitalise on opportunities for growth

Choosing to hire laptops and retaining more cash in the business makes it easier to grow. With cash in the bank, it is possible to take advantage of the opportunities that come your way. That could simply be using early payment discounts offered to you by suppliers or taking on new orders which require an initial outlay.

3.More effective budgeting

Hiring laptops for your team creates a pre-determined monthly line item, which can help you to budget more effectively. Knowing what your monthly expenses are likely to be every month allows you to develop long-term plans for your business while maintaining healthy levels of cash flow for other expenses.

 

4.Tax benefits

Renting a laptop over the shorter-term or a longer-term lease deal presents your business with potential tax benefits. As well as preserving working capital, the full cost of rental payments can usually be deducted from taxable income, although you should contact your accountant for advice in this area.

5.Keep debt levels down

Laptop hire can help you to maintain a more attractive balance sheet, which can be important if you’re seeking investment or looking for a bank loan. Rather than taking on long-term debt to finance the purchase of laptops and jeopardize the prospect of future funding, rental or lease payments are seen as a business expense.

6.Receive free upgrades

Renting laptops and other computer equipment is a cost-effective way of staying up to date with the latest technological advances without the accompanying bill. At Hire Intelligence, you can upgrade your laptops when the latest releases come out to keep you at the cutting edge of your industry.

7.Customisation and support

Some companies that offer laptop rental provide just that – with no compatible software, apps or relevant customisation for your business. However, at Hire Intelligence, we can preload and install the apps and software your business is going to need before your laptops are delivered so you can hit the ground running. The laptops also come with the latest antivirus software to keep your information secure.

8.There’s plenty of choice

You might expect your laptop rental options to be limited, but there’s actually a very good range out there. That includes Apple Mac laptops, Dell laptops, HP laptops and more. These are just a few of the laptops we have in stock:

Ultimately, the decision to rent or buy a laptop will be based on your budget, your equipment requirements and the level of support and advice you need. However, if you want computers for a number of employees, then laptop hire could be your best option. Contact our team to discuss your requirements or get a quick quote today.

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