It is common knowledge that technology products are in a constant state of change, with pricing, technology and performance barriers constantly being challenged. Businesses in South Africa have to deal with the reality of reduced income, higher interest rates and increased demands on their practices.
Another common quandary facing many Professional individuals when acquiring technology based equipment is: “How does one acquire the use of the equipment item without purchasing; where it’s usually obsolete, with virtually no book value even before it has been written off; and, how can a supplier be persuaded into supporting their customer’s requirements over the long term, while assisting them in affording, and tracking, all of their present and future needs?”
Advice supporting a relatively simple solution is to be found in the sentiments of two internationally prominent financial gentlemen, who need no introduction, Warren Buffett and the late Jean Paul Getty.
Internationally, it has become a trend to replace the purchase of hardware with more flexible rental options, thereby keeping up to date with equipment upgrades as they occur.