Should I Rent or Buy My Office Furniture?

 

Decisions, decisions, decisions – As a business owner, there are always important decisions to be made that impact the state of your business. Especially, if you are just starting out. Once you’ve made the choice to buy or lease your office space, the next big step is deciding whether or not to do the same thing with your office furniture. While renting office furniture for your corporate space seems like an appealing and cost-effective option, it may actually cost you more money in the long run. In this article, our team of modern office furniture distributors in NJ will take a closer look at the pros and cons when it comes to renting vs. buying your commercial furniture. 

Is it Worth it to Rent My Office Furniture? 

Pros:
Flexibility for Exploration. If uncertainty surrounds your office furniture needs, or you are in a short term lease situation, renting provides a practical solution. A year-long lease allows you to assess your requirements, experiment with different office setups, and reevaluate your choices at the end of the term.
Short-Term Convenience. For businesses on short-term leases, renting can be a convenient alternative. Avoiding the hassle of moving a substantial amount of furniture when the lease expires is definitely an advantage. Renting allows for a seamless transition without the need to hire professional movers.
Budget-Friendly Start. Especially for startups with limited funds, renting offers a cost-effective solution to furnish the office initially without a substantial upfront investment.

Cons:
Limited Choices. Renting may restrict your options regarding available furniture pieces and customization. This limitation could impact the creation of a unique and tailored workspace that aligns with your brand and company culture, and is somewhere folks enjoy coming to, to work.
Cumulative Costs. While renting seems economical at first, costs can accumulate over time. Extending leases repeatedly might result in higher expenses compared to just purchasing the office furniture outright.
Hidden Expenses. Additional costs, such as furniture delivery, installation, removal, and potential renter’s insurance, can add up unexpectedly. These hidden expenses can offset the perceived savings of renting.

Affordable, Modern Office Furniture in New Jersey

The choice between renting and buying office furniture ultimately depends on the unique needs and circumstances of your commercial business. If your company is thriving and has the financial capacity, purchasing ergonomic and visually appealing office furniture is a worthwhile investment.
Buying furniture provides a broader range of choices, customization options, and the opportunity to create a workspace that reflects your brand identity. While the initial cost may be higher, the long-term benefits, including durability and ownership, often outweigh the drawbacks associated with renting. Plus, large furniture buys can often be financed, the team at BE can help with that.
If you need help selecting which furniture pieces are essential for your office, please give the team at BE Furniture a call today. As modern office furniture providers and designers, we can conceptualize your space and make expert recommendations to improve the quality of life for you and your team members – both in and out of the office! 
To learn more about our modern office furniture selection in NJ, please visit our website at: https://www.befurniture.com/

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