Furniture fulfills a lot of needs in the office. They’re not just there for you to simply use, whether it is a sofa or desk. Furniture also serves to help improve the look and feel of an office. The lack of furniture can make the office space look and feel drab, which can result in unproductive workers.
Having said that, getting quality furniture isn’t always possible. Not all offices can afford to do that. But, did you know that there’s another option for offices where they can furnish their office without necessarily having to spend a lot upfront?
Below are five reasons why it makes sense for offices to rent furniture online in Singapore:
1. Zero Down Time
By renting furniture online, you don’t have to worry about setting the furniture up yourself and moving it around. You only need to pay for it, and the rental company will be the one to take care of delivering the furniture and arranging the rented furniture inside your office.
2. Better Financial Flexibility
Because you don’t have to spend as much money upfront for furniture, you can pour your capital into other more important uses. For example, you can invest it in another venture that will gain profit, which, in turn, will allow you to pay off the lease on the furniture.
3. 100% Tax Deductible
You may want to check in with your accountant or tax lawyer first on this, but more often than not, furniture rental costs are 100% tax deductible, so you’re going to end up paying less taxes by renting furniture at the end of every cycle.
4. Preserves Your Line of Credit
Credit is vital to businesses, and if you have to spend some of your credit to buy furniture, you’re going to have less to use down the line to grow the business. Even worse, if you end up spending a lot more than you can afford, your credit is going to be affected, which is not good for your business.
On the other hand, leasing furniture allows you to preserve your line of credit. Not only that, but most rental agreements come with budget-friendly, low-interest monthly payments, so you don’t have to worry about a balloon payment hanging over your business’ head.
5. Moving is Easy
It’s a fact of life that businesses move. Regardless of the reason, one of the biggest problems, when businesses move, is how to dispose of their furniture. But, by renting furniture, you don’t have to worry about that anymore.
Because you’re just renting, you can just call the rental company and say that you’re going to send the furniture back. Or, better yet, you can ask the rental company if they can afford to move the furniture to your new space themselves.
Either way, moving becomes a lot easier if you choose to rent furniture online instead.
As you can see, renting furniture can be a wise business decision for businesses of all sizes. It’s a great way to keep the office up-to date without splurging unnecessarily, while also saving companies from the hassle of having to deal with disposing of furniture in case of a move.