Most startup companies are usually limited in terms of the budget. Thus, they are always advised to allot money on more important things like systems, or workforce and rarely, on office furniture. This is very common. The priority could be to have a place where you could regroup your team and work together, but eventually, as your business takes off, you may want to start establishing your brand. This is when business owners usually decide to realign everything — design-wise, or office theme-wise — with the company’s brand. This will come over time, but all of these have to be planned. If your company is getting ready to set up an office, it would be best to look into renting office furniture first — tables and office furniture chairs alike. It’s cost-efficient, and it does save you with a budget as well as storage.
It is predicted by a UK-based multinational professional services network company, PricewaterhouseCoopers (PwC), that by 2025, the concept of leasing or better yet considered as the sharing economy can generate a revenue of potentially $335 billion. This is inclusive of renting office furniture or even shared working spaces. In the Asia Pacific, it is placed second to the North American region in terms of the demand for rental office furniture.
There is a demand, and it is widely practiced by startups and even big companies who had headaches over the number of inventory assets, that they opted to rent office furniture than buy it. A company that is starting, aside from renting furniture, can also choose the rent to buy option. When the company is stabilized and has a permanent setting, they could buy the furniture that they have been renting. This is also very important for companies that thrive and advocate their brand identity. Office furniture plays a role in the area of branding as well, and so it is essential to keep consistency in the looks. With rented office furniture, you at least have an option to do that.
At OFS Interiors, we advocate cost efficiency on investing for office furniture. Read on to find out the benefits and details that are up for consideration. With renting office furniture, you’d be able to experience the following:
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Save budget
Your company gets to save some money on furniture if they are rented and allot the budget elsewhere more important, for example, pantry supplies or employees’ salaries.
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Packaged service
Usually, companies who rent out their furniture would include a package service where they will be the one to arrange for the delivery, pickup, and installation of the furniture.
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Get value for your money
Rented furniture is usually customizable. It can be adjusted according to your company’s changes. For example, you requested fifty office furniture chairs, but at the very last minute, you decided you only need 20 of them. That’s okay for a furniture rental company because they can just rent it out to others if you do not need them.
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Time-efficient
Renting furniture saves you from going furniture shopping or moving furniture and arranging with the movers. The company which rents out the furniture will do that for you. All you have to tell the company is the type of furniture you need or want and pay for the lease, and they’ll take care of the rest. This involves coordination, delivery, and installation until pick up, once the contract is up.
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Tax deduction
Rented furniture can be considered as tax incentives where tax may not be counted as tax to be paid. This is because rented furniture is not counted as an asset. However, this will depend on the state laws where your business is located or registered.
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Budget-friendly payment arrangements
Buying furniture is considered a significant expense by the company, but leeway payment will be arranged when you rent. Hence it can help your finance department navigate the budget to something that matters. You’ll be doing a favor to the company and your finance team for this.
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Save more and attract profits
Every startup business will experience frequent changes, especially if the company is moving at turbo speed. With this, saving the budget on office furniture is the most efficient and effective way to go.
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Experience a wide variety of different furniture brands
Since you are just a starting up, exploring ideas is always the first phase. When it comes to renting office furniture, you’d be able to do this by experiencing a wide variety of furniture choices. You can give one style a test run and change it if you do not like it. This is extremely important in choosing your suitable furniture at the workplace as this age is considerable on User Experience. Ergonomics has become a consideration these days.
At OFS Interiors, we assure that the customer gets the optimum User Experience they deserve while giving a variety of choices at an affordable price.
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Flexible plans are available
For some rented furniture companies, they accommodate companies who are scaling or downsizing their business. The required amount of furniture can be adjusted according to the need at any given time. For example, if your company is scaling up and needs more office furniture chairs, it is possible to increase the amount of rented office furniture chairs by just informing the company you got them from. With this, you would save the trouble of thinking where to store the office furniture if you would have bought them and you do not need them anymore. The storage problem is then solved with this kind of setup.
The company could also decide to move into a bigger office and owning furniture would cost you a lot of resources as you would have more downtime in moving and more budget to shift the office furniture from one location to another. Renting
office furniture comes with flexible plans and the manpower to move them from one location to the next.
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Furniture for specific company events
Some companies offer value-added services by renting out furniture to you on special or specific company events like a conference or office party.
At OFS Interiors, we offer modern UX friendly furniture that is well-suited for your daily office needs. With flexible rental options and a wide range of design choices available in OFS Interiors (ranging from ergonomic chairs, tables, lounge sofas, workstations, and the likes), you can set your office space up exactly how you want it.
