When considering outdoor benches for your commercial space, the decision between buying outright and entering a leasing program involves significant financial considerations. Purchasing benches requires a substantial upfront investment, including the full cost of the furniture plus potential installation fees. This option provides immediate ownership and eliminates recurring payments, making it ideal for organizations with available capital seeking long-term value.
Leasing programs, meanwhile, typically require minimal initial expenditure, transforming a large capital expense into manageable operational payments. This approach offers greater financial flexibility, preserves credit lines, and may include maintenance services within the agreement. Many businesses find leasing attractive for its potential tax advantages as payments are often deductible as operating expenses.
The break-even point between these options typically occurs within 2-5 years. Organizations planning long-term use beyond this period may find purchasing more economical, while those needing flexibility or anticipating design changes might prefer leasing. Consider your organization's financial health, cash flow requirements, and how long you intend to keep the benches before deciding. Each approach has distinct advantages depending on your specific operational needs and financial strategy.