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What Are the Pros and Cons of Leasing Office Furniture?

smithansel

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When establishing a new office location, the idea of leasing office furniture is usually taken into consideration. In fact, there are several benefits to going with a lease on different types of office furniture. At the same time, there are also a few disadvantages that should be looked at closely before deciding that leasing the furnishings would be the most prudent option.

One major benefit of leasing office furniture is that there is no need to absorb the major expense of purchasing furniture for the new office. This is especially important to small businesses that operate with a relatively low flow of cash and assets on hand. Often, the need to have an established credit rating is not a key factor with companies that provide short-term office furniture lease agreements, which means there is no waiting for credit to be approved. Businesses that are just beginning to operate may find this attribute especially attractive.

Another advantage to leasing office furniture is that business owners can change the look of the office when and as necessary. For example, a business owner may establish a call center with a certain type of workstation. Within a few months, the business has grown and there is a need to add workstations to the office environment. Instead of working around the stations already in place, the leased furniture is simply returned and the owner selects a different design or configuration of workstations that are a better fit for the company's current circumstances.
 

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