Lease vs. Buy: What’s Best for You?
Both forms of acquisition come with long-range concerns. A purchase ties up organizational resources in the form of capital funds. Equipment purchases are approved, in part, because they promise healthier returns than those of competing proposals. Justifications include revenue projections and, perhaps, cost savings; but if those projections and/or savings fail to materialize, financial performance suffers.
Ray Chambers, CGCM, MBA, has invested over 30 years managing and directing printing plants, copy centers, mail centers and award-winning document management facilities in higher education and government.
Most recently, Chambers served as vice president and chief information officer at Juniata College. Chambers is currently a doctoral candidate studying Higher Education Administration at the Pennsylvania State University (PSU). His research interests include outsourcing in higher education and its impact on support services in higher education and managing support services. He also consults (Chambers Management Group) with leaders in both the public and private sectors to help them understand and improve in-plant printing and document services operations.
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