When making the decision to invest in a telephone system, you need to decide whether it will benefit you more to buy it outright, or lease it. These options both come with pros and cons, and often have certain grey areas, especially if you are doing it for the first time e.g. if you are a new startup.

First of all, buying your telephone system is probably going to be a steep upfront cost, as telephone systems don’t come cheap. Sometimes this isn’t a problem for businesses who are larger in size, but for many SMEs, raising the kind of cash required for a full telephony setup upfront can be an upward battle. By the time you have bought it, you might come to realise that compared to leasing, buying a system doesn’t give you the support or maintenance you might like.

Buying outright does have its benefits though:

You’re free of any contractual obligations, and once the upfront payment is out of the way, you can focus on other areas of your business. Compare this to leasing, and the latter can be stressful when things happen that negatively affect your business (like a pandemic!), and it doesn’t help if your leasing provider isn’t giving you the flexibility you may require.

On the other hand, leasing a telephone system means you’re paying a fixed amount each month, and everything from repairs and maintenance, to the changing of features within your system, is included in that monthly rental. Rentals for a telephone system, with lines, calls and maintenance rarely exceed a couple of hundred pounds, and depending on your requirements, can be very manageable as a payment plan. You will also get access to the latest technology when it arrives, and your provider will aim keep any handset upgrades cost neutral when that time comes.

These options are both great for any kind of business, but sometimes (Like buying a house), you need an affordable monthly solution to allow you to use the best equipment possible. If you think a leased telephone system would work for your business, please give us a call on the number below:

0800 988 0094

Written by Harrison Jones