Industry Analysis & Industry Trends
Demand for rental and leased products from the Office Equipment Leasing industry is driven by computer hardware demand, business equipment investment, government equipment needs and home office requirements. Office equipment includes computers, laptops, computer peripheral equipment, IT servers and furniture. A wide range of companies rent or lease office equipment to preserve cash flow and gain taxation benefits. However, in the long term renting and leasing equipment can significantly increase the outlay beyond the initial value of the goods, particularly for rapidly depreciating products such as computers... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has moderate entry barriers, largely due to the high costs associated with acquiring office equipment to rent and lease out to customers. However, some firms purchase used office equipment and computers to lease to customers, which can reduce the capital outlay required to operate in the industry and can assist a company to enter the industry.
There are limited government regulations and requirements for firms to comply with. Consumer contract and credit laws apply to customers renting and leasing products, with product disclosure documents required to be supplied to customers. Standard rental and leasing contracts are generally utilised, which limits legal costs for the industry's firms... purchase to read more