why renting is more advantageous than owning
There are misconceptions about the cost of office furniture. Many organizations assume that buying their own furniture is cheaper. Whereas, at the bottom line, you're more economical with renting. At least if you look at the TCO and ever more rapidly fluctuating furniture needs you face as a company.
A calculation example with renting vs buying
An office chair has an average lifespan of 10 years. After 3 years, you will have paid as much rent as the purchase price. If you use the chair for less than 3 years, renting is cheaper anyway. And even if you use the chair longer, because from the fourth year you only pay a service fee for the Alvero office chair. Whereas with a purchased chair, the costs of maintenance, repair and eventual disposal start to add up.
After three years, you no longer pay rent
For any Alvero furniture, the rental fee stops after three years. From then on, you only pay a service fee of € 2,- per item per month. For this we maintain and repair your furniture. Think of the fabric seat that needs cleaning or the replacement of moving parts: an armrest with play, a faltering wheel or a defective gas spring. At the end of the life cycle, we pick up the office chair free of charge and make sure it is sustainably repurposed or disposed of.
More financial benefits of renting
Renting is not just more economical than owning. There are even more financial benefits:
Renting is only paying for what you use
About 20 percent of the furniture present in an office environment is not used. Why pay for that anymore? At Alvero, you pay for furniture as long as you use it. Furniture that you no longer need, we pick up immediately and costs you nothing more. No storage space, either. Rental furniture avoids unnecessary costs, while purchased furniture continues to occupy a valuable spot on your balance sheet.
No contract, with renting you're not stuck with anything
Alvero doesn't believe in obligations and fine print. That's why you rent furniture from Alvero without a contract. The rental amount is based on an intended term, which you can adjust at any time. Is there furniture you want to get rid of? In no time, our drivers will be at your door to pick it up. From then on, you pay nothing for it. Clear, right?"
Trying out temporary furniture is easy and inexpensive
Is that lounge area in the office comfortable? Do you invest in an expensive call box when you don't know if your people will use it? Will that new meeting setup work in practice? Trying it out is the only way to find out. Renting allows you to test a setup or office furniture before you put it to longer use. With no return costs, replacement costs or depreciation costs. You only pay for what you have, for as long as you have it.
You avoid disinvestment and create a work environment that meets all your needs, even if they change over time. Employees feel more comfortable and are more productive in a work environment that fits well with their personal preferences. This provides your organization with a significant financial benefit, since you need fewer people to do the same work.
Renting gives you control of costs
You know exactly what you're spending each month: a fixed amount for all the furniture you use. When your organization scales up or down, you can immediately adjust the amount of furniture. Even temporarily. The costs move with you automatically. You pay for what you need now.
Where with purchased furniture you have to deal with large investments, the costs for rental furniture are more spread out. The fewer major investments you make, the easier it becomes to free up additional capital in the short term.
Also, when compared to leases or FaaS subscriptions, renting with Alvero offers the most freedom. Because you're not tied to a contract with Alvero, you're not stuck with costs either.
What is the financial picture for your organization?
Contact Tim to spar. He will outline a financial picture with no obligation, so you know where you stand.
