There are plenty of reasons why company owners may seek to revamp their commercial workspaces and equip them with more or better furniture. Whether you are looking for an image remake or simply moving towards a bigger location, careful planning is always necessary when it comes to commercial office fitout for your offices. Companies generally have the option of either purchasing or even renting out office furniture, but the best option over the long term is always to own your own furniture. It is good for cost savings and the long term corporate branding of your company offices. Companies will benefit immeasurably when they go the purchase route for their furniture acquisitions.
There are plenty of reasons why buying your furniture is more advantageous over renting the furniture. These include the following:
Get Greater Control
Buying your furniture gives you a great deal of control when it comes to commercial office fitout. You will be able to design your office spaces with a great deal of flexibility and you can also put your furniture pieces virtually anywhere where you wish to have them. In the future, if you need to rebrand your company, you can simply repaint them, reupholster them or even sell them when you no longer need them. Buying furniture for your fitouts mean that you no longer have to worry about making monthly repayments for furniture rental or even worry about incurring additional charges for the damages to the furniture pieces.
Get Tax Incentives
Buying your furniture can also qualify your business for some tax incentives. Businesses generally get incentives for investing in capital assets which include office furniture fit outs along with vehicles, workstations, desks, and office chairs amongst others. In Australia, the total capital investments in your business cannot be claimed within your first year in business. You will get compensation on a yearly basis based on a certain depreciation rate for the capital assets. In order to get more information about the process of claiming these tax incentives, you may consult a tax lawyer or check the various policies of the Australian Taxation Office.
When you choose to buy your furniture, you will be literally spoilt for choice. You can choose from a wide selection of commercial office fitouts from the various companies that offer these solutions. There are companies that offer more qualitative services and which will assist you in organizing your workspace in a way that impresses your clients and satisfies your employees.
It is a long-term investment
Renting out office furniture may make some sense if you are doing business over a short period of time or away from your country or city of origin. If your business is in a place where you plan to stay permanently, the best course of action is always to acquire your own office furniture.
Over the long term, renting office furniture is going to cost you more. There are plenty of costs that come with renting office furniture that you will avoid when you buy your furniture and as a result, your business will be able to make significant savings.
In order to make your office as appealing as possible, it is important to consult office fitout professionals. These pros can help you in weighing your options and selecting fitout solutions which will make the workplace more appealing and also conducive for productive work.