Should you buy new or refurbished products?</li></li></ul><li>How to decide what you need?<br /><ul><li>How do you create and distribute your documents presently? (Fax, Copies, Prints, Scans, E-mails?)
What type of documents do you create? (Text based, Graphic based, Presentation materials, Office Docs?)
How many documents do you create daily, weekly, monthly?
What kind of time constraints are you or your people under when creating or distributing these documents?
Would an all-in-one MFP (Multi-Functional Printer) work for your environment or space?</li></li></ul><li>What are your must have features?<br /><ul><li>Do environmental concerns affect how you operate and behave in the work place?
Would double sided copying and printing help lessen the amount of paper you use?
Is stapling, hole punching or booklet making important to how your documents are designed?
What media types do you use now or plan to use when creating your documents?
Are electronic mailboxes a good idea for you to help eliminate unnecessary printing or printing errors?</li></li></ul><li>What do the “Speeds & Feeds” mean for you?<br /><ul><li> How fast does your machine really need to be?
Getting the math right between speed and output is very important to help decide on what you need.
Speeds can also mean greater cost vs faster productivity.
How often are your staff members waiting in lineups at the copier or fax or printer units?
Do copy speeds and print speeds correlate? Are they the same? What makes them slower than what a machine is rated for?
What does the “duty cycle” really mean for each machine?
Single copies/prints vs multi page copies/prints. Is there a difference in how the machine functions?</li></li></ul><li>Is color necessary?<br /><ul><li> What type of color quality are you looking to achieve?
Documents created with color are up to 65% more likely to be read fully and people are more likely to retain information contained within them.
Bills are up to 42% more likely to be paid sooner when color is used in creating the document.
Graphs and charts are more vibrant and easier to separate pertinent information during presentations.
Do you require color on different types of media stock? (Ex; Glossy, Thick, Transparent, Letterhead, etc.)
Do you want your company logo or static information listed in color on your documents?</li></li></ul><li>How to calculate your true costs<br /><ul><li> Are you aware of all the hidden costs associated with leasing or </li></ul>purchasing a copier/MFP device?<br /><ul><li> Lease vs Purchase (interest rates, lease end fees, term rates, capitol amortization, buyout vs trade-up, etc.)
Service rates (annual increases, parts coverage, response time, replacement units, etc.)
Cost per copy (Supplies included? Service included? What coverage rate? Monthly minimums? Annual CPC increases and how much?)
Time is money, so choosing the right equipment to ensure less down-time and more productivity is the key to lowering your overall costs.
Has anyone explained how these costs are calculated?</li></li></ul><li>purchase or lease?<br /><ul><li> What works best for your financial situation?
When leasing, remember… Interest on borrowed money, fees at end of term, buyout applies if you want to keep unit at end of term, costs of returning unit at lease end, contract regulations, dollar value write-offs through your accountant.
When purchasing, remember… Large capitol outlay upfront, devaluation of equipment over a period of years, hard to sell an old piece of equipment, removal and disposal of old unit, dollar value write-offs through your accountant.
Is it worth purchasing over leasing? Do you expect your company to grow or stay the same? Will your needs change in 3 to 5 years?
Technology changes are fast and furious in this industry. </li></li></ul><li>New or Refurbished?<br /><ul><li> Is the latest greatest technology important to you?
Are you looking to keep costs down and still maintain some sort of quality without all the bells and whistles?
Are you concerned with longevity of your unit?
New machines can offer better value because of all the features and efficiencies included, but Refurbished machines can offer cost savings and still offer some of the features of a new machine.
Manufacturers typically maintain parts for 5 to 7 years of a products life. New machines generally don’t have issues getting parts but a refurbished unit may cause some increase in down time to source parts if discontinued.
CPC are generally higher on refurbished units due to aging parts </li></ul>which in turn can take more service causing a slight productivity loss.<br />
Trust is the key!<br /><ul><li> Working with experienced professionals who understand your business can make the research and acquisition process much more efficient and will ensure your needs are met.
Best price is not necessarily the best option.
Understanding that not all units are created equal will</li></ul>help in comparing apples to apples.<br /><ul><li> If you don’t understand some of the ideas presented,</li></ul>ask questions. You need to fully understand what you are<br />getting and feel comfortable it is what you need.<br /><ul><li> Machine demo’s are a great way to see the unit function.</li></ul>Ask to bring some of your files or documents to test the unit.<br /><ul><li> Ask to meet some of the company personnel such as service manager, technicians, support staff. This will help put a face to the name of the people you will be talking to and working with in the future.</li></li></ul><li>Presented by:<br />James Ellul<br />Document Equipment Specialist<br />CNC Office Systems Ltd.<br />241 Applewood Crescent, Unit #11<br />Vaughan, Ontario<br />L4K 4E6<br />E-mail: email@example.com<br />Website: www.cncofficesystems.com<br />Phone: 416-969-8288 Ext 103<br />Toll Free: 1-800-463-3271<br />Fax: 416-969-8299<br />