Why furniture hire makes business sense 

by John Holliss

People often ask me why people choose to hire furniture rather than purchase furniture outright. I’m always surprised at this – because there are just so many reasons to hire furniture I simply can’t understand why people buy furniture at all!
Event furniture hire
When organising a one-off event, people often find that they either don’t have the right type furniture available for the event, or just don’t have the quantities needed. For example, when companies hold their annual general meetings (AGM) they often find that they need additional furniture for the event, which is why companies often turn to us to hire conference and meeting room furniture.  In a similar vein, businesses often take part in events, such as exhibitions and trade shows, which require furniture which they do not usually have. At exhibitions, businesses often choose to hire poseur tables and stools, freestanding screens, and reception areas – and because these items are for special occasions, hiring these items is much more financially efficient than purchasing them.
Short term furniture hire
Often businesses need temporary office space due to expansion or commercial relocations. In such situations, it is of course essential that these offices are furnished with office furniture. When furniture is only required for a short period of time, it can be extremely expensive to purchase the furniture outright, only to dispose of it at a later date. Furniture hire is a great way to keep costs down in these situations, and what’s more this gives you total flexibility to add additional furniture as needed. If you need to hire office furniture temporarily, then why not speak to one of our team on 0844 567 5082?
Long term furniture hire
However, whilst hiring furniture makes sense for one-off events or to meet short term requirements, many businesses are now deciding to hire furniture on a long term basis as well. For example, we deal with a number of companies who choose to hire furniture rather than buy because of the cash flow and tax benefits. Buying furniture ties up funds and reduces working capital, and provides little flexibility when your requirements change. Hiring on the other hand involves a fixed monthly charge, which is easy to budget for and doesn’t tie up funds. What’s more, the cost of furniture hire can be treated as an operating expense and is therefore tax deductable, unlike furniture purchases which are treated as capital.