Navigating The Waters Of Hardware Acquisition: Purchase vs. As-A-Service
By Brandon Grant, Director, Business Development & Partnerships, Accucode
In our last blog post, we discussed the importance of understanding the true costs associated with owning business hardware. Once you are cognisant of your hardware’s total cost of ownership, you are better equipped to make the difficult decision between making a CapEx purchase or subscribing to a solution provided as-a-Service. In order to help you make an informed decision, here are some of the advantages and disadvantages associated with an outright purchase and with a monthly as-a-Service subscription.
Advantages of Purchasing POS Hardware
Purchasing is easy to do – you decide what you want, then go out and buy it. The most obvious advantage of buying hardware is that you gain ownership of whatever devices you purchase. There are also some tax incentives to purchasing equipment. Section 179 of the Internal Revenue Code allows you to fully deduct the cost of some newly purchased assets in the first year. Although not all equipment purchases are eligible for Section 179 incentives, you can still receive tax savings for almost any business equipment through depreciation deductions.
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