Connections
Avoiding Common Mistakes When Negotiating Printing Equipment Leases
In the printing industry, equipment leases are a massive money maker and estimated to be worth about $3 billion. Sign shops, print providers and small print shops are leasing everything from presses and copiers to colorimeters and UV printers in an attempt to stay on top of changing technology without having to make massive capital investments.
In fact, I’d be willing to bet you have at least one piece of leased equipment in your shop right now, if not more.
And, while a lease payment is often significantly cheaper than a loan payment, those costs can still add up. But did you know that carefully reviewing every lease can save you as much as 5 to 15 percent over the total cost of the lease? So, how do you do it?
Always Get Quotes
Your clients will visit multiple printers for quotes on jobs, so do the same with your next lease agreement. Remember, you don’t always have to lease from the manufacturer itself, so get multiple proposals from various leasing companies and let them know they’re bidding for your business.
Get All the Documentation With Every Quote
Before you can really evaluate a proposal or quote, you need to see the fine print (because that’s where a lease can hurt you). So, ask the bidding lease company to Read more
Tough Times in the Sign Company Industry – What You Should Do Now
I know that times are tough, the economy is down and businesses and organizations aren’t ordering as many signs or print jobs.
But, it’s when a dollar is harder to come by that you have to be innovative and competitive enough to really stay at the forefront of your industry.
The Legend 72 HUV’s Bottom Line
The biggest selling point behind the Legend 72 HUV Wide Format UV Printer, the REAL bottom line…
..it increases production and decreases costs.
In fact, it typically lowers printing cost by between 50 to 80% – imagine how that would boost your margins!
With the Legend 72, you can print directly on the material – meaning you don’t have to pay for the labor needed to affix your graphic to the sign or the overlamination material.
You save on both man-hours and materials.
Trickle Down Efficiency
And while the Legend 72 is a major investment, there’s a definite trickle down effect for your business. That increased production capacity means you can now cut personnel hours during leaner times or amp up production and take on more jobs with employees who can now do twice as much.
You can even transform your business – taking your basic print or vinyl sign shop and turning it into a full-service, hyper-competitive sign and print shop. Take on jobs that you had to turn down before or pitch even bigger projects.
The best part is you can do it all with a printer that’s as simple to use as a basic desktop unit.