There is a simple rule to follow:

Rent Or Lease If:

  • You need office furniture short-term, buying is never recommended.
  • You expect your rate of employee attrition to fluctuate and your furniture needs to change.
  • You’re business is expanding quickly and you’re unsure of your future space plans.
  • Your financial plans require limited capital outlay.

Purchase if:

  • It makes smart financial sense.
  • Deductible expense – Section 179 in the current (2018) tax code, allows for deductions on equipment up to $500,000 the first year.

  • Depreciation – Your furniture may be depreciated over time.
  • Costs less than renting or leasing.