The Rental Concept

SHOULD YOU RENT OR OWN?

When weighing up the costs of renting versus ownership, it’s worth remembering that:

Equipment depreciates over time.
Equipment can rapidly become obsolete.
Business expansion and contraction cycles, plus project needs, can result in changing asset requirements over time.
Upscaling or downsizing owned asset inventory can be time-consuming.
Asset disposal can be costly and loss incurring.
Effective asset funding can free up cash flow and reduce expenses.