| In today's economic climate it's understandable if the | | | | make certain you conduct a check with your local tax |
| only option that appears to be feasible is to lease a | | | | laws because depreciation rates do exist with this |
| printing solution or copier. This could be true for large | | | | equipment; it's important that an investigation |
| corporations and fortune 500 companies; however, | | | | concerning the life expectancy within the equipment |
| small businesses and organizations are still in need of | | | | (total prints expected) is conducted with its |
| premium printing as well as copying solutions. In the | | | | manufacturer as well as the duty cycle based upon a |
| particular article we'll take a close look at a MFD | | | | maximum amount of months (maximum prints |
| Lease (but the same applies to photocopier leases | | | | monthly). It is not uncommon for a photocopier or |
| and printer leases) as compared with buying outright. | | | | printer lease agreement to include a device that is not |
| To begin with, we must know that leasing a copier or | | | | really up to the job. The copier salesman can |
| printer is a written agreement with stipulations based | | | | maximize his profit, knowing that an upgrade will be |
| upon a certain amount of time. It could be an | | | | necessary. |
| agreement anywhere between 24 and 60 months. | | | | The first step in deciding whether to go for a |
| MFD is an abbreviation of multi-functional device(s) in | | | | photocopier lease, or an MFD lease or hire agreement, |
| regard to copier and printers. Leasing a printer or | | | | is to establish exactly what you are spending. The art |
| copier is an operational expense and, based upon an | | | | of calculating the cost per page varies immensely and |
| individual's local tax laws it could be considered an | | | | trusting an external supplier to do this work for you |
| expense that's fully taxable. In the UK, for example, a | | | | may not be wise. Your objective should be to identify |
| lease is generally seen as a favourable method of | | | | what YOU think you are spending before asking for |
| financing. Watch out though - the MFD lease may | | | | their quotation. Pay particular attention to their service |
| sound attractive when considered over a long period, | | | | agreement - the cost per page may be low, but are |
| but what are they actually financing? You can be sure | | | | they hiding annual increases in the small print? Lastly, |
| you will be paying a near retail price for the | | | | don't be afraid to challenge their position - ask them to |
| photocopier, and other things may be added in to build | | | | be completely open on what is being financed, at what |
| profitability. In the UK a photocopier supplier recently | | | | rates. |
| succeeded in charging a school over £300,000 | | | | And do not sign any service agreement that commits |
| for a copier worth just £15000. If you want to | | | | you to long periods without adequate safeguards. If in |
| get the best bang for your buck or capital investment | | | | doubt, talk to a specialist. |
