Once you have your budget figures, set a time frame for implementation. So now you know what you want, how much you want to spend and how long you want to take to spend it. Now we can talk about leasing. Traditional leasing methods aren't always the most advantageous. Companies that know how to resell such equipment have less need to make a high rate on the initial lease and can offer lower payments during the lease term.
Computers become obsolete in a predictable time period.
But other products, such as hubs, routers, printers or modems, may have a much longer life cycle. This approach seems extremely practical and offers a reasonable assurance that you won't have outdated products. As always, however, run this by your accountant to verify it meets all the current tax rules. Tom O'Connor is director of education and training at Seattle's Pacific Legal.