Office furniture is a costly but indispensable component of any workspace. It serves both functional and aesthetic purposes, contributing to the overall ambiance of your office. As a result, many of our clients and users frequently inquire about the efficiency of renting office furniture.
Given the overwhelming interest in the topic, we’ve decided to tackle the question of whether it’s worth renting office furniture. Surprisingly, renting office equipment isn’t always a harebrained idea; it can actually be a wise move.
So, when should you consider renting equipment? Keep reading to discover the answer!
When Time is of the Essence: Opting for Office Furniture Rental
Ordering office furniture often involves lengthy lead times, especially for high-end equipment that isn’t mass-produced. The COVID-19 pandemic has only exacerbated this issue, with inflation, supply chain disruptions, and transport difficulties further delaying the production and delivery of office equipment.
When you’re moving into a new office, having the necessary furniture available is critical. Imagine the frustration of planning a move to your new space, only to discover that the furniture you selected won’t arrive for weeks or even months. So, what can you do to avoid this nightmare scenario?
While situations like this can be problematic, they can also be the perfect opportunity to rent the office equipment you need. Renting allows you to move into your new space on time and get to work as quickly as possible, ensuring productivity levels remain high for employees and customers stay satisfied, ultimately benefiting your business.
Scaling Up? Renting Office Furniture Can Help You Keep Up with Demand
During times of rapid growth, it can be challenging for start-ups – and even established companies – to anticipate changing internal space needs. In such situations, furniture can be a more complicated issue than you might expect. Renting office furniture is a smart solution that addresses the problem of unpredictable space growth.
Furniture rentals are also ideal for businesses that experience variable or seasonal occupancy cycles. For example, your company may require ample desk space for six months, but then need to drastically downsize its office furniture six months later.
Managing fluctuating office turnover can be much more difficult if you’ve purchased all your furniture. Sure, you can attempt to adjust your office layout to accommodate your staffing needs, but how quickly can you adapt, and to what extent? What do you do with the excess furniture if you have to lay off half your staff?
Although these scenarios may seem unlikely, we live in uncertain times, and COVID-19 has dramatically altered the business landscape. As we grapple with the need for remote work and adapt to evolving office space requirements, flexibility and adaptability are more important than ever. Opting for office furniture rentals is one way to stay agile and prepared for whatever the future may bring.
Rental Furniture Makes Financial Sense for Your Business
Let’s face it – purchasing furniture is a significant investment that requires a substantial amount of capital. If you’re looking to furnish your office space with high-quality furniture and accessories, it won’t come cheap.
For many small businesses and start-ups, buying top-of-the-line furniture simply isn’t feasible. This is where office furniture rental comes in. Leasing provides a cost-effective way to obtain stylish, quality office furniture without having to pay a large sum upfront.
In any business, unexpected situations are bound to arise, and quick and appropriate reactions are often necessary. At Officeland, we’ve helped our clients navigate more than a few of these challenging scenarios.
One client was gearing up for a crucial meeting with a major potential investor. Naturally, the business owner wanted to present their company in the best possible light. This required an impressive conference table – but all the similar products had a lead time of one to two months.
Our advice to the client was simple: rent the table for the meeting. They took our suggestion and were thrilled with the outcome. The stunning conference table made a powerful impression on the potential investor, helping the business to close a significant deal. We’re not saying the table was the sole reason for the success, but as they say, the devil is in the details.
The Benefits of Renting Office Furniture for Short-Term Leases
The cost of disassembling, assembling, and transporting furniture can be exorbitant. Often, the entire process can be as costly as the furniture itself, not to mention the time and energy required to coordinate the move. What happens when you downsize from a large office to a smaller one? Do you cram the excess furniture into a home closet? Not likely.
If you’re on a short-term lease or uncertain about how long you’ll be using an office space, renting furniture may be a smarter financial move than buying. In our view, if you plan to occupy a particular office for less than 24 months, renting is certainly the way to go.
Renting office furniture is not only more cost-effective for short-term rentals, but it’s also far less stressful. Rental companies handle the set-up and tear-down for you, so you can focus on what your business does best.
Renting Office Furniture Can Help You Keep Up with Evolving Interior Styles
Purchasing new office furniture is similar to buying a new car – as soon as you drive off the lot, its value depreciates by nearly 10 percent.
Office furniture is even worse in this regard. It depreciates rapidly, but on a much larger scale than cars. For instance, the moment a delivery truck leaves with BGN 100,000 worth of furniture, it’s already lost BGN 10,000 in value! That’s a significant 10 percent drop without the furniture even being used.
If your brand style is continuously evolving, renting furniture is an excellent alternative to purchasing. Many companies strive to provide their employees with a dynamic and modern working environment, which means keeping up with current trends.
By leasing furniture, you can change your office’s style every time the lease term is up, ensuring your space always has the latest and most contemporary look. Trust us – this can impress a lot of potential clients and employees.
Renting furniture can be a practical option in many scenarios, helping companies save time, money, and the hassle of dealing with newly purchased furniture. Plus, your office can maintain an up-to-date and modern appearance at all times.