When we first start our practices, we do have to lease as you do not have a lot of money.
But after you have been practicing for sometime - I have concluded that buying the equipment outright is the better thing to do
Here are my reasons
a. Peace of Mind - no long term obligations to others
b. A lease is very similar to a high interest loan. And sometimes they can be nasty. They will insist that you pay the money even after the machine breaks. And at the end of the day, the equipment belongs to them. DO NOT forget to read the small print - we just found out that we need to pay for the return of our large photocopy machine all the way from CA to MO. And it is all my fault because I did not read the small print.
Once again this is not a simple decision - it is always to ask your accountant and tax adviser what is best for your situation
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