Renting or leasing from a reliable electronic test equipment rental service provider can give a boost to your profits. You can easily imagine how. Let us explore two scenarios: one, where you buy out your test equipment and the other where you rent or lease your test equipment from such a service provider.
Scenario one: you have a company which requires electronic testing equipment. The first thing you need is to decide is to buy testing equipment from which company – Agilent test equipment or Anritsu or some other. Also, you have to figure out what all testing equipment you need to buy. After you have decided then you have to dispatch a fat cheque to one or more of these equipment manufacturing company/companies. After all of these measures, one fine morning you find that there is a new technology that is available and to stay updated you need to spend some capital towards upgradation. The older equipment is nothing but scrap now
Now, let’s explore scenario two: you have the same company as above and you need electronic testing equipment. Instead of purchasing these equipment you go for a rental service provider. In this case, you pay a fraction of the price of the equipment and you can get all the equipment you need whenever you need it. You have most of the major manufacturers of these testing equipment such as Agilent test equipment, Tektronix, etc.. Now you get an update that there is a new technology in the market and you are not bothered about, at least, your testing equipment. You can return it to the rental service providers.
If you analyze both the scenarios you will find that the second is definitely more comfortable one. Not only that, but also it is lot more easy on your pockets. The next question would be of reliability of the equipment that these rental service providers offer. You have a little extra effort to make here and that is to recalibrate each time you got a testing equipment on rent or lease. But that extra effort is always worth it considering the money that you save from renting the equipment.
If you have any old testing equipment and you want to sell it then for your information some of these renting agencies are buying as well. If you had purchased some equipment that you don’t need any more then you can sell it to them. What these electronic test equipment rental service providers are going to do is to rent these old equipment of yours to those who need them. And last but never the least you can buy from them as well.
In a nut-shell, you save money by renting equipment and the money you save can be put to some other works such as research and development within your firm. You can hire more people or work for longer duration now.