Please reload

Recent Posts

A Shining Light in the Sea of Darkness

May 31, 2018

1/4
Please reload

Featured Posts

5 reasons why your business could benefit from upgraded equipment...

November 7, 2017

 

 

As your business develops it may soon start to outgrow its equipment and current technology. At some point you’ll notice, equipment will become slower or outdated, which makes everyday tasks less productive and systems more expensive to maintain. Unless you’ve started your business within the last few years, chances are you’ll have equipment that will require replacing or upgrading. This update may help make processes run more efficiently and in the long term reduce operating costs to the business.

 

Take a look at why evaluating your equipment and potentially upgrading could benefit your business:

 

Improved quality and productiveness

 

Dependent on your industry sector, it may be necessary to update your equipment every few years to ensure the best quality and productiveness of the technology. Updated systems have current software and applications that in turn help your workforce become more efficient with faster processors and network capabilities. If your workforce is expanding, current systems may not be able to handle the increased capacity so upgrading will ensure you are able to develop the business with ease. 

 

Financial implications

 

Although the initial financial outlay of new or upgraded equipment may seem a large cost to the business, most equipment upgrades will actually save the company money in the long term. Something as simple as upgrading memory in a PC will extend the useful life of the computer and offer increased processing speed for modern applications and systems. Leasing also provides another way of upgrading business equipment in a cost-effective way.

 

Less maintenance

 

Regular repairs and maintenance can be expensive especially if you are paying for patches to inefficient equipment. With recent technological advancements newer models work faster and longer than older equipment. New equipment also has warranties and service agreements that can offer replacements or repairs in the event of fault or breakdown, which ensures little disruption to everyday activities.

 

Increased options

 

Making the choice to upgrade your equipment gives you the chance to buy or lease a huge selection of suitable models to fit your business needs. Dependent on your budget, you may opt for like for like replacements or upgrade with the latest functions to take advantage of a host of new and improved settings. Leasing is also a great way to get the newest models every few years and offers a fixed monthly plan to fit a range of budgets.

 

Upgraded security

 

As technology is frequently developing and improving, so are the threats that could damage your organisation. Updating computer systems ensures the latest in security software and virus protection and helps to keep your data safe and secure against potential breaches. Other examples include systems with improved management and reporting functions to safeguard against internal discrepancies.

 

In short, upgrading equipment can have positive benefits on your business for everyone including your employees to the shareholders looking at the bottom-line.   

 

To find out how we can help your business with upgraded equipment, please email info@rbfinance.co.uk

 

Share on Facebook
Share on Twitter
Please reload

Milton Keynes
22 Walkers Way, Wolverton Mill, Milton Keynes, Buckinghamshire, MK12 5TW
+44 (0) 3333 580 444
lynette@rbfinance.co.uk
Leeds
Pinnacle, 67 Albion Street, Leeds,
Yorkshire, LS1 5AA
+44 (0) 113 487 0134
shareen@rbfinance.co.uk
Manchester
+44 (0) 7511 031 330
shareen@rbfinance.co.uk
London
+44 (0) 7955 661 800
jon@rbfinance.co.uk
Email
info@rbfinance.co.uk
Contact Us

 

Response Business Finance

"Making Commercial Finance Personal"

 

Office Address:

22 Walkers Way, Wolverton Mill, Milton Keynes, Buckinghamshire, MK12 5TW

 

Privacy Policy |  Terms of Business | Complaints Procedure