Certain benefits of office furniture rental are well known, such as the low initial cost. However, many businesses assume that the total cost would be so much greater than it would be were the furniture purchased, that they associate rental with short-term thinking. This is not necessarily the case, as rental can not only be the most cost-effective strategy in the long run, but also the best branding decision companies can make.

Production Studios and Temporary Offices

Production studios, for example, which normally only operate for two to four months at most, typically rent their furniture because it is more cost effective than purchasing and reselling when they are finished with the project. Additionally, these companies enjoy the benefits of renting from Display Group, such as design, setup and cleanup, which translates to a significant amount of savings. The same is true of temporary offices that expect to be in operation for only a few years, due to anticipated expansion.

Lower Taxes

It is a less commonly known fact that rented furniture can be expensed for the total price each year, whereas purchased furniture is amortized over a longer period. So, even though the business has paid a lump sum, only a portion of that is reflected in tax benefits. For a number of years, then, the company operates at a tax deficit in comparison with rented furniture. Meanwhile, inflation reduces the value of the total expense, furthering the benefits of office furniture rental.

Office Morale

Furniture has a considerable effect on office morale, efficiency and employee loyalty. Not only does it reflect company resources that reflection also sends a critical message to staff members who depend on their paycheck. By renting, new companies who do not yet have the resources to buy office furniture outright can still uphold a confident image internally, not to mention the effect on new hires, investors, and clients/suppliers, who are actively looking for assurance in the company’s future prosperity.

Flexibility

The versatility of renting can be an enormous selling point for new companies and even established companies which may be anticipating a shift in function or market. Whereas purchasing furniture sets the company ambiance for five years at least, renting can entail commitments of fewer than three years, allowing for quick adjustments to consumer demand and market price. When the business changes its function, the office needs to shift, as well. Flexibility is security.

Display Group will listen to company concerns, target goals, and requirements, draft an office environment to suit them, and with our client’s go ahead, construct the business office from the bottom up. We make the entire process as easy and painless as possible because design, set up, and execution is what we do best, so that clients can focus on their strong suits. Located in Detroit, Michigan we are easily able to service the metro-Detroit areas as well as the whole of lower Michigan.