Spread the Cost of Your Communications

Communications are a necessity if you want to run your business effectively. However, they can turn out to be an extremely costly necessity, particularly when you are just starting up. Setting up your office can be a challenge if you have limited capital to invest in expensive equipment. However, there are numerous ways in which you can spread the cost so you don’t have to compromise on vital equipment and services.

A finance plan will enable you to obtain the technology that you need, and spread the cost into affordable fixed monthly instalments. There are many options available to cater for the diverse needs of different businesses. Repayment periods typically range from 1 to 7 years. The great thing about finance is that you will enjoy full ownership of your equipment once you have completed your repayments. Paying in regular fixed monthly instalments makes it much easier to plan your finances.

If finance is not for you, then you could perhaps consider leasing instead. Leasing is similar to finance, in that you will pay regular fixed monthly instalments for your equipment. This eliminates the need for any initial capital outlay and makes for simple budget planning. However, leasing is different because you will never technically own the equipment. Instead, you will essentially rent the equipment from your provider and could benefit from regular equipment upgrades. This way, you can enjoy the latest technology every few years, without the cost of buying it outright. And, subject to approval from an auditor, your lease payments could even be considered as an operating expense. This would make your payments tax-deductible, which is a great accounting advantage.

Another way to spread the cost is to go for a hosted solution. Hosted telephony is becoming an increasingly popular solution amongst businesses. With a hosted solution, your provider will house all of the equipment and carry out all ongoing maintenance and support. There are usually no upfront costs with a hosted system. Instead, you will pay a fixed monthly charge for the service. Hosted solutions are incredibly cost-effective, since you won’t have the additional expense of a maintenance contract or on-site support staff.

At Midland Networks, we go the extra mile to deliver solutions that are affordable to our customers. Whether you are interested in finance, leasing or a hosted solution, we can be of assistance. For more information, contact us today on 0800 849 8585.