Whether you’re starting a new business or giving your old one a refresh, office furniture is an integral part of the process. You want to ensure your furniture is comfortable, functional, and looks great.
Used office furniture can be the perfect option for startup companies looking to save money, depreciate slowly, and maintain a clean, cohesive look. Here’s why:
Save Money
Buying office furniture can be a considerable expense for startups. They’re looking to outfit their offices without breaking the bank, and used furniture is one of the best options.
Besides being a cost-effective option, purchasing used office furniture has several benefits. It saves money, is environmentally friendly, and can help keep your business within your budget.
New office furniture depreciates quickly and can lose as much as 25 percent of its value over the first year of ownership. However, preowned office furniture typically retains 75 percent of its original resale value.
Buying new furniture can be a pain to assemble and take up valuable time that could be spent on more productive work. That’s why you should look for furniture from a warehouse offering pre-assembled items from the assembled truck.
You can be sure you’re getting high-quality pieces with a proven track record of staying in service for years. Plus, you’ll save money on buying and transporting new furniture.
Less Depreciation
If your company is a startup or small business that wants to grow in the future, buying office furniture can be a significant investment. But if you know how to take advantage of tax deduction options, it can be easier and less expensive than you may think.
One way to help reduce depreciation is to purchase used office furniture instead of new. This is because used furniture has a lower depreciation value than brand-new items, allowing you to claim less on your balance sheet and generate tax savings yearly.
This is a significant benefit for startups and small businesses trying to keep costs down. However, the amount you can claim is limited.
Less Waste
Buying used office furniture Indiana might seem like a waste of money, but it has benefits that are a win for the environment. It reduces waste, saves energy, and promotes sustainability.
Unlike household furniture, which is generally disposed of in landfills, a lot of office furniture can be donated or repurposed as part of an effort to help the environment. Businesses can also use tax deductions to present or resell their old furniture.
As a result, there is an ever-growing need for virtuous solutions to manage surplus office furniture. Some companies work with businesses to repurpose, recycle and donate their used office furniture.
Other solutions, such as the pre-owned office furniture marketplace Reseat, also aim to improve the lifecycle of discarded office furnishings by helping companies list their unwanted office furniture ahead of a move or closure. It also facilitates office furniture resale to other organizations, including schools and local charities.
More Flexibility
Flexibility is an essential factor in office space design. Companies are looking for furniture that can be easily moved around to adapt to new needs or a changing work style.
Many modern, flexible desks and other items are equipped with wheels, making them easy to move to different locations as the workspace evolves. This is especially helpful for businesses that need to change offices frequently.
Another option is rent-to-own leasing, which can be a good choice for startups that want to avoid committing to a long-term lease. This option allows businesses to spread the furniture cost over a period and buy it at the end of the lease.
Sustainability has always been a big concern in the office furniture industry. Circular economy thinking has recently taken hold as it addresses supply risks and the need for an efficient way to dispose of furniture.
