Top 4 Eye-Opening Reasons To Rent Your Office Furniture

It is not cheap to buy quality and aesthetically pleasing furniture, so renting furniture long-term is a sensible (and viable) option.

Take a look at the price of a basic office chair. If you are planning an office cubicle or employee working area, don’t forget to include the cost of a desk, filing system, and anything else that comes to mind. When you multiply that by the number of people in the office, you can see how expensive it can be to furnish an office with quality equipment and furniture.

In case this hasn’t convinced you to think twice before purchasing office furniture, remember that furniture depreciates every second you sit on it. Consider this… If you’d be willing to rent a fleet of vehicles or even a printer, why wouldn’t you rent office furniture, which depreciates much faster than other assets?

At the end of the day, there are many reasons to rent rather than buy – but not all of them are obvious. The following are some reasons why you should rent your office furniture:

1. Operating Expense VS Capital Expense

Capex is an abbreviation for capital expenses, and Opex is an abbreviation for operating expenses. A difference between Opex and Capex is that Opex is the cost of running a business on a day-to-day basis and Capex is the cost of purchasing major items that will last longer than a year. Smaller companies and startups should consider their office furniture as an Opex element to maintain a lean balance sheet. Keeping capital in the business also means that money that would have been spent on furniture could be put toward operational costs instead.

2. When you rent, you’ll get more for your money

The majority of people don’t know that, if you buy rather than rent office furniture, approximately 50% of your budget is allocated to it. This means you might not get everything you expect from the fit-out. When you choose to rent your furniture you can ensure you get quality – ensuring employee comfort and productivity. In addition, you will have more money to spend on the fit-out, allowing you to add those special finishing touches.

3. Boost your staff’s productivity

In order to reduce costs, many companies choose the cheaper option, which generally means a lower level of comfort. Furniture may not be a significant financial investment, but it contributes greatly to the comfort, culture, and work ethic of an office. The overall look and feel of an office space is directly impacted by poor quality and uncomfortable furniture. You might find a cheaper option that looks nice, but comfort, function, durability, and practicality are all key factors to consider. This furniture will be used every day by your staff.

4. Discounts & Upgrades

Renting office furniture offers the advantage of being able to make changes without having to pay upfront. When you pay insurance for a depreciating asset, you don’t expect to pay the same amount for something whose value has declined. Furniture should be no different.

When you rent furniture for your office, you can get the right furniture right from the beginning. At the end of the lease term, you can upgrade or continue to rent the furniture at a discounted rate. If you do not want the lease extended, the furniture can then be returned.

At Lemon Tree, we understand the importance of balancing budget with comfort, function, durability, and practicality. That’s why for clients with a tight budget, we always recommend renting furniture over opting for cheaper options. Although the latter option might seem attractive, it is important to remember that your employees will be using the furniture every day. To ensure your work environment is successful, you can count on us to provide you with top-quality furniture.