Lease vs. Buy: What’s Best for You?
The long-term impact of leasing is more obvious. A lease creates a financial obligation that spans multiple accounting periods, and may affect the unit's budget for several years. And while leasing may not commit capital funds, the impact of projected revenue shortfalls on the operational budget is real.
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.