There are times when it just makes sense to not invest in the purchase of an item. If you're not using a business tool every day it may benefit your b...
There are times when it just makes sense to not invest in the purchase of an item. If you're not using a business tool every day it may benefit your bottom line to consider a lease instead of a purchase. Take the concept of projector rentals versus spending thousands of dollars on buying. Following are four tips that will have you reconsidering spending money on something which might be sitting in your closet waiting to be used.
How often are you giving presentations? Every day? Multiple times a day? If so,
it very well may make sense to consider investing in hardware that will always be ready and waiting for that next presentation meeting.
If on the other hand you have a very specific task of giving a presentation just once or twice over a short period of time, have you considered giving projector rentals a shot? With some services providing daily and weekly rental periods, the savings to your business could be substantial.
Now that you've determined you have a need for a projector, even if for just one event, what is your back-up plan? What happens should your projector bulb burn out or something else happens causing it not to function as needed? If you find that you're unable to use a display device that you own, you're either scrambling to buy parts or perhaps even another device altogether.
If you've gone the rental route, depending upon the company you choose, you could have a replacement projector that afternoon. While not ideal, simply knowing you have options that won't cost you an arm and leg, and will provide you the functionality when you need it can be the assurance you need to confidently make that winning presentation.
Consider the cost of buying and maintaining a company owned projector. TCO, or total cost of ownership is a factor that must be considered when buying a substantial piece of hardware or software. How much is that next lamp bulb going to cost? When is it likely to need to be replaced? What happens when it is damaged prematurely and needs replacing right away?
These and other considerations are a must when it comes to the ownership of a device. On the other hand, if you've simply rented the projector for a weekend or several days, those long term maintenance and repair concerns are not yours to carry. Neither are the financial considerations associated with buying and replacing bulbs or other integral parts.
A final tip is keeping in mind the careful transport of a projector. Even small display devices will add considerable weight and bulk to your traveling entourage. Plus, you'll definitely need to carry on a projector as you'd never want baggage handlers to carelessly toss around pricey and delicate equipment.
Projector rentals on the other hand are shipped directly to where you are planning on using them. They are handled with care and packaged in the highest quality containers which ensure the absolute minimum of potential damage to their moving parts.
Having the capability to make quality presentations is definitely standard operations for many businesses. If you are required to present many times on a regular basis, your company will most likely benefit from investing in a high quality projection system. If on the other hand you present for a short period of time, or on a rather sporadic basis, projector rentals may save you money, effort, time and long term responsibility for hardware maintenance and repairs.
