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Refurbished tech vs new tech for business

Posted: 08 Nov 2014 01:45 AM PST

Technology may be the backbone of your business, so when you're looking for new devices and systems for your firm, it's important that you choose wisely. One conundrum you'll need to ponder is whether to go for brand new or refurbished items. Each option has its pros and cons. When you're making your decision, take the following points into account.

Costs

One issue that may be foremost on your mind is cost. Figures published earlier this year by the Forum of Private Business revealed that small companies are facing rising expenses. Its Cost of Doing Business survey found that 94 per cent of firms had seen an overall increase in their expenses. When financial pressures mount, it is important to rein in spending. However, forgoing technology purchases may not be an option for your company. After all, without the relevant devices and systems, your firm would not be able to function successfully. However, splashing out on brand new technology could place too much pressure on your finances. This is where refurbished products come into their own. Technology providers such as Symec offer a variety of refurbished mobile computers and other devices that could help you to meet your IT needs without busting your budget in the process.

Practicalities

Of course, cost is not the only important factor when you're on the lookout for computing equipment. The items you buy must also meet all of your practical requirements. If you're in search of the most advanced, up-to-date technology, you may be best off buying brand new models. By purchasing devices immediately after they roll off the production line, you can rest assured you're getting the very latest technology.

However, if your business applications don't rely on up-to-the-minute tech, you may be just as well served with refurbished items.

It's also important to note that refurbished technology can be a great option if you're looking to replace products that have been discontinued by manufacturers. For example, if you're not ready to upgrade your hardware platform yet but you need to invest in replacement products, refurbished items could be your answer.

Environment

Another issue to think about is the environment. Waste is a huge problem in the business world. Perfectly good products and resources are too often thrown out to be replaced by newer items. Investing in refurbished products is one way in which you can reduce wastage. This efficient form of recycling could help your company to cut its carbon footprint. As well as benefiting the planet, this could boost your firm's green credentials.

Take care when choosing a provider

Regardless of whether you're buying new or refurbished technology, it's important that you find a trustworthy supplier. However, this is particularly crucial if you're on the lookout for refurbished items. After all, if the process of re-manufacturing equipment isn't performed with sufficient care and skill, the end results can be far from satisfactory.

With this in mind, the company you select must offer top-quality refurbishments that you can have total confidence in. In addition, the firm should have rigorous tests in place to assess the standard of the items it sells. You may also benefit from selecting a company that offers different grades of refurbishment. By doing this, you'll be able to take your pick from items that show signs of use and items that appear brand new. The grades of these products will be reflected in their price tags.

Ideally, your provider should offer warranties too. The best companies typically provide extended warranties of anything from one to five years.

There is a place for both new and refurbished technology in the business arena. As long as you know the facts before you commit to particular products, you should be pleased with your decisions.

[Image via Retrothing]

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