When you open a business, there are a lot of start-up costs involved, from the initial building expenses to paying staff salaries, to buying the materials needed to open your doors for business, the price tag can be staggering.
There is, however, a little known way that a person can save some money on start-up costs, by hiring furniture instead of outright purchasing it. Hiring office furniture before you open your business has many benefits over buying it.
Monthly Fees Versus Lump Sum
Hiring good quality furniture for a start-up business can be done for a small monthly fee. All of your office needs from chairs to desks and tables can be covered, so you have all of the furniture you need for opening day.
The expense of the furniture is divided up into monthly plans ahead of time, so you will know precisely what you will be paying per month for the furniture you choose. Paying a monthly fee is much easier to afford than trying to come up with the entire cost of furniture at the outset.
Get All of the Furniture Upfront
When you first start your business, if you buy your furniture, you may not be able to get everything you need right away, when you hire furniture you will be able to complete your office before you open rather than having to open before you are ready.
If you have a small budget and cannot afford all of the furniture you need at the outset, it makes sense to hire your furniture to cut costs and avoid going into debt to buy the furniture you must have. Having clients walk into an empty lobby or meeting space with a few chairs is not a desirable option. Being able to have all of the furniture in place with just one monthly fee is a great way to avoid an empty office.
Get What You Want
When you hire office furniture, you do not have to settle for anything less than what you need and want. Being on a budget is one thing, but buying used or cheap furniture to get you by, can not only look bad to your clients but can end up costing you more money in the long run.
Mismatched, old, dirty, and run-down furniture in the waiting room is probably not the image that you want to portray as a professional. Having professional furniture, with just one monthly payment, helps establish the reputation immediately that you are really in business to succeed.
Change Inventory Easily
Hiring out the furniture, it makes it easier to adapt to your changing business needs as well. For instance, the office manager thinks they can get by with two desks, three chairs, and a table in the workroom. However, after a few weeks of being in business, your staff starts to grow, and the furniture you have now is not enough.
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Instead of having to wait for the budget to be able to absorb the extra cost of more furniture, one can return to the rental store and add on the new pieces to the account. The monthly fee is recalculated, and your office is equipped with how it needs to be so your employees can get back to working in an efficient and roomy manner. The same goes for furniture you hire and don’t need. Return it and deduct the cost from the monthly fee.
Hiring office furniture is a smart option for any new business owner, no matter how much or how little furniture they require. Instead of paying a significant investment for furniture in addition to the other start-up costs, a monthly hiring fee is all that is needed. The hired furniture can be exchanged, added to, or taken back with little effort, so the business has precisely what it needs at all times.