Purchase or lease a coffee machine?

Nowadays, the coffee machine is not only used in cafés or restaurants or hotels, but it is increasingly on the equipment of many workplaces and companies. Not surprisingly, an increasing number of entrepreneurs are considering whether it is better to buy one or to lease one. What do both entail and which is better?

Buying a coffee machine - advantages and disadvantages

There's no denying that the most common choice these days is to become the owner of a coffee machine for coffees and equipping the company with it, is simply to purchase such a device. However, it is important to know that this is not necessarily the best solution. So what are the advantages and disadvantages of owning a coffee machine?
You certainly need to know that once you have purchased a device, you own it. You do not have to worry about monthly payments, the end of the contract after which the device has to be returned or, of course, you can move the equipment as you wish. What is more, the device can be sold at any time.
What are the downsides the purchase of a coffee machine? First of all, you need to know that you will have to fork out a relatively large sum of money at once, as this equipment is quite expensive. Secondly, the onus will be on us to service and repair it, which can also entail further costs, as well as taking the coffee machine out of service temporarily.

Lease of a coffee machine - characteristics

So, as you can see, buying an espresso machine on your own is not necessarily as good an option as it seems at first. For this reason, it is worth taking a closer look at the second option, namely leasing. What is it and what are its characteristics?
Instead of buying coffee machineThe equipment will be delivered to the designated site and then prepared and put into operation. Once the appropriate contract is signed, the equipment will be delivered to the designated location and then prepared and put into operation. The contract will be for a fixed amount, to be paid monthly, and for a specific period of time. This means that at the end of the contract, the equipment will have to be returned.
What are the main advantages of this solution? First of all, you do not pay a large amount at one time, but only monthly instalments. What's more, there is no cost associated with servicing the machine, as it is the owner's responsibility to repair and maintain it. What's more, if the coffee machine breaks down, it will be taken away and a new one will be put in its place, so you don't risk being left without a working coffee machine. This way, you always have a working and functional machine.
What about the disadvantages of leasing? First of all, you need to know that, despite the monthly instalments, you do not own the coffee machine, but only use it. Furthermore, you are not allowed to move the machine, as this is not in accordance with the contract.

What to choose?

So, as you can see, both the purchase and lease have many interesting advantages, but also significant disadvantages. So which solution is better? As it turns out, a lot depends on the stage of development of your company. If you are just starting out and have limited expenses, leasing is certainly a better option. If, however, you have a large, well-established company, it is worth considering a lease. purchase.