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5 Things To Remember Regarding Your Copier Contract by Drew Smith
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It s 2021, There s Got To Be A Better Way… by Drew Smith
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Sponsored Content provided by Drew Smith - Director of Communications, Copiers Plus
Do you ever long for the simplicity of yesteryear? Back when technology wasn’t at our fingertips and could be kept at an arm’s length. I think of the Tim McGraw song, “Back When” where he says: “We got too complicated. It s all way over-rated. I like the old and outdated way of life.” So often we feel the pressure of new technology and immediately push back to a simpler time. While I don’t think our technological situation is overrated, I do believe there are some things that we can hold on to that some may deem as outdated, but for others may supplement how they best productively evolve with technology.
Sponsored Content provided by Drew Smith - Director of Communications, Copiers Plus
If you have been involved with a lease agreement involving a copier, you have probably heard the term buyout. Or maybe you are a sports fan and have heard of teams buying out contracts of players. Regardless of your familiarity with the term, understanding how a buyout works and the options available to you when they are in play is important to ensuring you have a copier contract that avoids unexpected charges and penalties.
A buyout, put simply, is the dollar amount a lessee owes to settle an obligation to the lessor regarding an asset that was leased. Many times a lease is administered through a third party leasing company and the service is performed by a vendor. To form a lease agreement a vendor will request an approval for a company at a certain dollar amount and term, then the leasing company will either provide an approved lease rate, request additional information such as a persona