In recent years among entrepreneurs, both those with an established position on As well as those who start their adventure with their own business, leasing is very popular. Probably the first association that comes to your mind when you hear the word "leasing" is a brand new car leaving the salon. As statistics show, the most leasing contracts are concluded for passenger cars. However, the subject of the lease may be cars, machinery and equipment, specialist equipment as well as interior furnishings, including furniture.

Few companies can afford not to think about rigid budget limits when furnishing your office. When planning purchases, we choose between high-quality products that are not the cheapest, and those whose price and quality is lower. Recently, there is a lot of talk about comfort and ergonomics at work - we spend a significant part of the day at work. The office is not just a space to work, but it is a business card of everyone companies. This is where numerous meetings with clients or contractors take place. The purchase of office equipment can slightly harm the company's finances. An alternative is leasing, which allows you to maintain financial liquidity.

As Adam Suliga, co-creator of the portal AssetLife and an expert in operational risk management, > Most entrepreneurs must focus on three factors at the initial stage of developing their business. The first is a good idea, the next one is funds . Whereas the third and last aspect are customers - they verify the correctness of the entity's operation on the market. Leasing helps companies in the first two areas, but the development of sales rests on the shoulders of the entrepreneur.

What exactly is leasing?

Very often we use the term leasing, but it is not always used right. Therefore, we provide a short definition of the term.

Leasing is a contract between lessor (owner of the asset) and lessee who has the right to use the leased assets at a specified time . For this option, the lessee undertakes to pay systematic fees. In simplified terms, leasing can be treated as a loan, but its subject is not money but certain assets, e.g. furniture for an office.

Is furniture leasing a good idea?

We confidently say yes!

Imitating Western standards, Polish entrepreneurs should focus all their energy on leading operations, and all tools that contribute to improving efficiency - to lease. This form of financing has gained popularity primarily because it is a very simple and quick form of purchasing a specific range. Secondly, it does not result in a significant, one-time burden on the budget, which creates a kind of financial security buffer. And thirdly, it provides tax benefits, especially underend of billing period.

Leasing costs range from 3-4 % per annum. This is a very low cost for getting the opportunity to invest in activities with a much higher return. In addition, in the case of operational leasing, the entrepreneur is not required to keep records of fixed assets and depreciation calculations, the leasing office deals with this.

As Adam Suliga indicates, to obtain furniture leasing, simply select a supplier the necessary assortment (including desks, wardrobes, containers, armchairs and sofas). The next step is to contact the leasing broker, with whom all formalities will be completed, the conditions of the contract being developed and finally its signature.

Most furniture companies, such as a href = "http://mebway.pl"> Mebway , tries to maximally simplify and shorten the purchasing process and automatically after preparing the inventory list directs all materials to the broker. As a result, the client does not have to look for a broker on their own, and receives contact with him from his account manager.

Current technology also allows us to e-leasing, which gives possibility of concluding contracts via the Internet. This makes leasing an even faster and simpler way that will help you grow your business and office with little resources.

Moving to the merits, we present 3 ways to leasing furniture:

Financial Leasing and Operating Leasing - differences

Financial leasing is an agreement, as a result of which ownership of assets is transferred , including risks and benefits to the lessee. This form of leasing is primarily intended for non-"VAT payers" . It is also an option to reduce last year's level of revenues by creating costs. Already in the case of the first invoice, the customer deducts all VAT charged for the purchase.

Operational leasing is an agreement, in which ownership of assets is not transferred. This form of financing is the most frequently chosen form by entrepreneurs, primarily due to the complete absence of risk, as well as the ability to deduct a significant amount of costs associated with the transaction. In addition, accounting records and depreciation of acquired assets are settled by the lessor .

The differences between financial and operational leasing are presented in the table below:

The third form of financing the purchase of office equipment, but also other fixed assets, is leasing loan. This form is not very popular among entrepreneurs, if only because its design is more like credit than leasing. The provider of the loan, however, is not the bank, as it is in a standard loan, but the leasing company. In the case of this form of leasing, the entrepreneur makes write-offs related to the register of fixed assets and depreciation. In terms of tax deductible costs, it resembles operational leasing, because we are able to deduct most of the costs incurred from revenues (interest installments and commission).

What distinguishes this form from the other two? It's history and a reduction in creditworthiness. A leasing loan affects the entity's creditworthiness, while operational and financial leasing does not affect it.

How do you compare leasing options in practice?

Example lease calculation DOU2 SYSTEM FURNITURE SET

Source: https://assetlife.pl/w proposal/kalkulacja/56

Initial payment , the period and purchase can be determined by each customer.

More sets furniture, you'll find HERE >

Final choice forms of leasing always belong to the lessee. However, we recommend that you consult an expert beforehand to choose the best form of financing for your business.

More practical tips will appear soon on our blog. In the second part of this article, we'll show you how to lease our furniture step by step through the AssetLife.

If already now you would like to get more details on how to obtain leasing for office equipment contact us:

[email protected]

+ 48 81 884 72 22

Author: Agata Kiraga