Buy or Lease? Sometimes renting equipment – and employees- makes more sense than buying or hiring but there are many variable to consider before making a final decision. 1. Will I need the equipment in the future? If not consider leasing or renting instead. 2. Are the lease terms favorable? If not, consider buying or shopping for better terms. 3. Can you write-off the cost and will that benefit your tax situation? 4. Will maintenance and upkeep cost more in the future? 5. Will benefits and other costs continue to rise and will they be worth it? 6. Do you have enough work to keep the employee busy in the future or if business declines? If you aren’t sure what the best options are for your small business then speak to a PCG rep today. They can assist in planning the best course of action and help keep costs under control.