Why hiring or renting makes good business sense
Cash Flow
Cash flow management is essential to any business or project.
Furniture rental allows you to keep your money working in the business and not tied up/ depreciating in sporadically used assets such as whiteboards, overhead projectors etc.
Renting furniture ensures that you will always have enough furniture, but never a surplus, saving you office space and money.
Tax Advantages
Hire charges attract 100% tax relief in the year expended instead of the usual 20% per annum on capital purchases.
Revenue Expenditure
Expenditure on hire charges comes out of revenue, rather than the capital budgets, taking some pressure off the bottom line.
Certainty
From day one of your project, you'll know the full cost of furnishing your office. This is of particular value to joint projects or partnerships where budgets need to be strictly allocated and adhered to.