Let's talk Hardware Rental

As a brand (particularly a start-up), any competitive advantage is a good advantage.

We find ourselves in challenging economic times, with businesses from all walks of life feeling the pinch of hard times. Organisations, not just within SA, but the world over are now poring over their balance sheets in search of a cost-cutting exercise – and with good reason, as a penny saved this month can avoid the retrenchment of an actual human being come the end of the year.

In South Africa, the concept of loan culture is not as prevalent as it is internationally. You’d think otherwise, as between the day-to-day running expenses and overall capital start-up costs of any new venture, the most common-sense approach would be to eliminate costly overheads wherever possible.

Nevertheless, there’s still a fair bit of trepidation when it comes to loaning equipment.

Which is why we’re here today to examine all the reasons your brand can benefit from rental over purchasing.

Computers, laptops, printers, UPS devices – these have all become essential tools to the success of the modern business. However, like any resource, these can’t just be given a blank cheque and expected to still be financially prudent. Rather, they need to be treated like any other asset and streamlined to ensure maximum value for money.

In fact, there are a wealth of benefits that can immediately be gained from a rental model, which include:

·???????Instant cost saving and reduced capital outlays

·???????Ease of access, quick short-term procurement

·???????Ensuring the proper equipment is procured for the relevant task at hand

·???????Reducing waiting time, the cost of repairs, downtime when equipment is faulty and capability.

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Take, for example, a new printer. These can be an expensive overhead and create long-term cash flow problems. A rental model instead allows you to make regular monthly payments, which create an immediate air of manageability to your overall expenditure while ensuring your brand sticks within a set budget.

Furthermore, technology is evolving at such a pace that today’s solution may not even be relevant tomorrow. From a financial standpoint, it’s neither feasible nor realistic to constantly purchase new PC’s, laptops or, you guessed it, printers, and the option of rental allows you to constantly upgrade without driving your accounting team to the brink of sanity.

Furthermore, as much as the guy from IT thinks he’s MacGyver, chances are nobody in your office is an expert at repairs. When you outright own your equipment, the onus for fixing what’s broken (and the costs involved) lays entirely on your brand. Not so with rental. Maintenance and technicians are all part of any decent agreement, meaning unless someone decides a swift kick may help the copies come out faster, most wear-and-tear can be easily facilitated without any hassle.

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But what does this have to do with Vox? As always, we’re glad you asked.

Well, we allow you to outsource all IT Hardware on a monthly basis and benefit from best-in-class equipment solutions which stay abreast of technological advances. With this comes the option of repurposed, Tier-1 hardware (which is only leased out once they pass stringent quality control measures), predictable billing and full asset management. We at Vox guarantee a repair or replacement within the next business day and allow for up or downgrades whenever you’d like.

?We’re strong advocators for the concept of purchasing assets that appreciate and renting the ones that don’t. Rather than tie up your valuable capital (particularly in these challenging times, why not redirect it to what matters and let us worry about the small stuff? Your business can’t afford either unwanted outlays or high-interest loan repayments on equipment which will be majorly outdated by the time it’s paid for, and a small retainer is a tiny price to pay for long-term piece of mind.

?Renting over purchasing removes the conventional risks of ownership (including disposal costs), as a trade-in value is already included in your repayments.

?We’ll give you what your business needs to thrive while taking something off your hands (and minds) – and this, to us, is worth it’s weight in gold.