This video compares the costs and commitments of leasing technical equipment rather than purchasing, and discusses the questions you should ask when evaluating a lease.
- [Narrator] One common way to distance yourself…from the risk and upfront cost of owning…a lot of technology is to lease your equipment.…The positives and negatives of leasing seem…pretty obvious to most people.…You get the advantage of not having…to pay out a lot of cash at once,…and you get to upgrade your equipment more often.…Not to mention, you have the benefit…of making the repairs someone else's burden.…But on the flip side, you will almost certainly…pay more money for the equipment in the long run,…and, depending on the type of lease,…you may have nothing left to show for it at the end.…
Add to that the binding terms of a multiyear lease,…and you have the disadvantages pretty well summed up.…So in review, it would seem that…the advantages are mostly operational…and the disadvantages are mostly financial.…Lets take a closer look at an apples to apples comparison…of the finances.…If I spend $5000 on laptops…and I get to depreciate the cost over five years,…what does that really cost?…Initially, it requires me to have access to capital,…
- Recognize the benefits of constant technical research combined with a thorough understanding of your company’s direction.
- List the four levels of evaluation used to assess employee development.
- Define a non-technical user’s role in IT.
- Review computer hardware options to control support costs.
- Examine the benefits of leasing equipment.
- Identify the preferred setting for servers and network equipment.