Full access to Entrepreneur for $5
Subscribe

Decisions, Decisions

Buying vs. leasing: Which is the better deal?

This story appears in the June 2000 issue of HomeOfficeMag.com.

Establishing the best home office set-up is a lot like buying a minivan or having your house painted-you don't want to sacrifice practicality for style (although a little cachet never hurts) and you want a good return on your investment.

So sooner or later, homebased entrepreneurs just starting out or thinking about refurbishing their operations will consider buying equipment vs. leasing it as a means of getting the most out of their investment. That's only natural. Most home office professionals have spent time in large corporations, where the benefits of leasing were fairly obvious-great tax breaks, the ability to change equipment to keep up with the times, and low or no maintenance costs on leased equipment.

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!