It means we'll spend less money now. As a rapidly growing business, watching our cash is a serious concern. But things we lease cost more in the long run - sometimes a LOT more. All kinds of things can be leased, including furniture, equipment, vehicles, technology and telephone systems. But whether you buy or lease, there are always trade-offs.
Cash is one of the most precious assets a company has.
Money means time - time to stay in business and time to grow. Buying means tying up cash, creating more pressure to succeed faster. When you buy something, you're stuck with it, even if your needs change or technology improves. If you can negotiate the right terms, leasing may allow you to update or expand your equipment or furniture or perhaps even get out of the commitment altogether. Lower start-up costs.