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5 Reasons Why You Should Be Leasing Your Technology Equipment

A lease uses a pay-per-use model where you get access to the equipment you need, for the time period you need it for and you can return it to the leasing company at the end of the contract.

InnoVent Rental and Asset Management Solutions

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In the current era of disintermediation and dis-ownership, purchasing technology hardware is a thing of the past. In the future, most products will be delivered As-A-Service or subscription. For example, you won’t need to own a car in the near future, all you will need is a smart phone that can hail your self-driving car when you need it.

Some of the greatest disruptors of our age do not own any assets, think Uber, Airbnb and Amazon. Now why would you want to own your IT equipment? Lease it instead. A lease uses a pay-per-use model where you get access to the equipment you need, for the time period you need it for and you can return it to the leasing company at the end of the contract.

What are the benefits of leasing?

1. Preserve cash flow

Businesses often find that they have to stretch their budgets over a multitude of operating costs such as staff, training, office space rentals, advertising etc. Leasing the technology you need is a really good way to save cash and redirect it to other areas in your business. In addition to this, should you find a leasing partner such as InnoVent, an IT leasing specialist who offers subsidised finance, you will be able to reduce total cost of ownership.

Related: How To Help Your Team Shift Their Mindset To Embracing Technology For Business Management

2. A fixed interest rate instead of a floating rate

Unlike a bank loan where repayments and interest rates fluctuate, leasing equipment gives you a fixed rate for the term of the lease. You pay nothing upfront and with predetermined monthly payments, you can budget better.

3. Keep your equipment up to date

Leasing ensures that you always have the best equipment, be it desktops, laptops or other hardware without running the risk of investing fortunes in machines that will become obsolete in a few years. Most IT equipment has a short life span and will become obsolete after 3 – 4 years.

Tying up your funds in these assets will cost you in the long run as the equipment begins to age, but with a lease, you can always upgrade to new modern technologies during the leasing period.

4. Reduced downtime

Sweating assets might save capital or reduce cash demands but support costs and failure rates are inevitable. As IT devices age, internal components progressively wear out, leading to slower performance. Productivity will suffer and the costs to maintain the outdated equipment will rise. If you are on a lease, you will have the opportunity to trade in the slow and outdated equipment for newer versions.

Related: Will You Be The Victim Or Victor When It Comes To Disruptive Technology?

5. Asset disposal

When you own the IT equipment, the burden to recycle it or dispose of it once it eventually becomes obsolete rests with you. With leasing, however, this hassle is taken out of your hands and falls solely on the leasing company. It’s their responsibility to take care of it, not yours.

When you are looking to cover an entire IT implementation, specialist IT finance companies such as InnoVent can cover your technology programme through the entire asset life cycle from inception, asset management during the leasing period, to the asset refresh or disposal stage. InnoVent is well positioned in the market to offer innovative solutions to finance and manage a spectrum of standard and specialised equipment.

For more information, visit the InnoVent website.

InnoVent Rental and Asset Management Solutions is a Level 1 B-BBEE certified IT Leasing company. We specialise in the leasing and life cycle management solutions of IT equipment. Founded in 2003, we have almost 15 years’ experience in providing subsidised finance to companies and institutions alike. We help you finance the purchase of the equipment you need with costs spread evenly over the leasing period. In addition, our unique value-added services which include: comprehensive insurance and warranties, an online reporting tool, live asset tracking and a dedicated asset manager – see leased assets through the entire asset life cycle from inception, asset management during the leasing period, to the asset refresh or disposal stage. As IT devices age, support costs and failure rates will rise. A great way to keep equipment costs down is to lease instead of buying. Leasing technology with InnoVent will preserve your cash and will help you stay abreast of technology.

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Buy Or Invest In The Next Futuredev Properties Sandton Development

Looking to buy or invest in the next up and coming Sandton residential development? Futerdev Properties are currently developing Full-Title Free standing units, perfectly located just a few km’s away from the hustle and bustle of Sandton’s Central Business District.

Futuredev Properties

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Nearly half of all the office development taking place in South Africa right now is happening in Sandton. Sandton Central is the epicentre of this development, which includes many of the most cutting-edge, exciting and innovative new buildings on the continent.

Sandton Central is well established as Africa’s financial and business capital and continues to grow with developments that embody its vibrant, high-energy ‘live, work, play’ environment. It also currently holds the title of Africa’s Riches Square Mile.

With more people looking to be part of this live, work, play environment and the number of foreigners travelling to Johannesburg for business and work, the demand for residential property around Sandton Central has grown exponentially.

Live, Work And Play: Your Home Away From Home

Futuredev Properties specialises in developing Full-Title Residential Homes in the Sandton Area – Morningside and Bryanston to be specific. The most recent surveys have listed Bryanston as one of the better performing suburbs in terms of Capital Growth.

Our properties offer family living and a home-away-from-home feeling for those working in and around Sandton on longer or shorter assignments.

FutureDev Properties was founded by Akbar Hassim. We have established ourselves not only as an independent, but also a Turnkey Developer – being able to buy Land, Finance the Real Estate Deals, Create, Control and Orchestrate the process of the Development from beginning to end.+

“Our approach to Property Development and Investment therein involves thorough financial and delivery risk analysis, thereafter followed by focused and efficient delivery.”

This approach is underpinned by many years of experience, and an impeccable entrepreneurial spirit.

Buy And Invest In The Latest Residential Developments

We have a number of Residential Developments currently underway, each at various stages. These Full-Title Free standing units, afford residents space and comfort within the security of cluster/ estate living. Perfectly located just a few km’s away from the hustle and bustle of Sandton’s Central Business District, and within close proximity to all major Malls & Shopping Centres, Schools, Hospitals, Gyms and places of worship.

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We afford buyers and investors an opportunity to buy or invest in Prim Residential Real Estate, that provide the perfect balance of Excellent Capital Growth and Steady Income Yields.

Our Offering For Investors & Buyers

  • Full-Title Free-Hold Residential Cluster Developments
  • Prime locations, close to all essential amenities
  • Perfect balance of high Capital Appreciation and Steady Income Yields
  • Investor buyers can purchase with Rental Guarantees

*Limited number of investor units available

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Smoothie Franchise Opportunity: Puré Frooty Is A One-Of-A-Kind Smoothie Franchise Business

Looking for the next greatest franchise opportunity? Puré Frooty Smoothie is a highly perfected Australian business model launching in the South African market that doesn’t require extensive shop fitting or a large workforce.

Pure Frooty Smoothie

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Vital Stats

Puré Frooty Smoothie is a unique business model to the South African market. A delicious, fruit filled smoothie will be created at the touch of a few buttons.

An Innovative Franchising Concept

This innovation in the healthy smoothie industry is ground breaking for South Africa. The machine is manufactured in Australia by a highly skilled team. It took six years to perfect this business model for the consumer market.

The vision of Puré Frooty Smoothie is to offer convenient on-the-go smoothies for anyone. The experience and quality will always be of the highest standard. We aim to be a staple convenience in malls, schools, office parks and hospitals. This is a platform that will allow for self-growth for passionate entrepreneurs.

Our mission is to create a unique customer experience. We want to satisfy the nutritional needs of customers by providing quality smoothies. Puré Frooty Smoothie will be packed with all the goodness a smoothie should offer.

Related: Why Your Franchise Should Adopt A Shared Value Business Model

The four values we pride ourselves in are:

  1. Convenience
  2. Consistency
  3. Quality
  4. Customer Satisfaction.

Why Consider This Franchising Opportunity

healthy-smoothie-franchise

Extensive research into the business model and market

Puré Frooty Smoothie was an idea, researched widely, by people looking to simplify the business process for the consumer and business owner. There was a gap in the market for simplified customer service and a demand for a quicker turnaround time.

Simplified process for setting up a business

For an entrepreneur it can be very overwhelming to start or buy a new or existing business. There are so many crucial decisions that need to be made from the beginning and new concepts to adapt to.

Puré Frooty Smoothie simplifies that drastically:

  • Free-standing machines: The business model revolves around a free-standing vending machine which needs to be visited to refill and maintenance.
  • No shop-fitting required: There is no need for shop fittings or a large work force. All that is required is an inside space for the machine with a power supply.
  • Minimal human resources needed: In terms of a work force, you could either do it yourself or have one person to assist you. There is also a part time involvement where refill station teams can refill and maintain the machine.
  • Cashless business: The business is completely cashless so there are no worries of a note jam, full cash canister or insufficient denomination rand values. More importantly the machines would do a higher turnover than an ordinary vending machine so safety of no cash is important.
  • Easy tracking of stock and performance: A cloud-based system is linked to the point of sale which allows you to monitor your performance and stock from the back-office platform at any given time.
  • Efficient handling of maintenance: With a live point of sale system, the business is linked to a software which monitors the operations of the machine. Should anything malfunction an immediate notification will be sent with a diagnostics report.
  • Human error is eliminated: Everything is done with a computer which leaves little to no room for errors. It is self-order and very user friendly.

Related: SA Fast Food Franchising On The Rise

Why Will Customers Love It

Puré Frooty Smoothie offers a vending machine that can produce a delicious smoothie in forty seconds. An informative touch screen ordering panel which displays all the nutritional information of the smoothie ordered and has the current news and weather.

No time wasted for the consumer. In fact, it’s a learning session disguised as a waiting period. The machine has two wash cycles after every smoothie is made to be freshly prepared for the next smoothie, business hygiene is important.

Consumers live in the fast lane. We are looking for something quick and most times we would like to be healthier. With the hustle and bustle of today’s life every little bit helps. Puré Frooty Smoothie fills that gap in the market.

Interested in Becoming A Franchisee?

Visit our Franchise Info Page for everything you need to know about how to become information a Puré Frooty Smoothie Franchisee owner.

You can also call or write to us:

Phone / 012-942 6360
Email / info@purefrooty.co.za 

Want to know more about this franchise? Watch the video below for more.

 

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Enter The Total Startupper Of The Year Challenge

Are you a young entrepreneur? Do you have a project you believe in? Is it innovative and does it address a social or community challenge in your country or for your fellow citizens? Register and apply now. You could be the Startupper of the Year!

Total South Africa

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Startupper of the year challenge

After the success of the first Challenge in 34 African countries, this year’s has been extended to a total of 55 countries around the world.

3 winners from each country will receive financial support, extensive publicity and coaching. From among these 3 winners per country, we will select grand winners by region, who will be provided with exposure.

This year, a Top Female Entrepreneur category has been introduced. During the first Challenge, women accounted for almost 25% of the winners, even though they only made up 13% of the applicants.

Related: Business Plan Format Guide

With this special award this year, we hope to give the women entrepreneurs an extra push to take part. It is also aligned with other Total initiatives for women.

The 2018/19 Challenge

We aim to support good ideas and projects that help address a widespread problem affecting communities in your country. It could be about providing educational opportunities, reducing child mortality, improving public health, developing access to electricity in rural areas, improving road safety on the roads or building houses with eco-friendly materials — in fact, anything that could make life better in your country.

Tell us how your project will help more and more people over time, at home or even abroad. Tell us how it empowers people, improves living conditions, and contributes to overall economic well-being.

Anyone can change the world — teenagers or graduates, men or women. As long as you believe in your project and want to make things better, take this opportunity to participate. You could be the next Startupper of the Year or the Top Female Entrepreneur!

Enter the Total Startupper Of The Year Challenge Here

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