If you own a practice devoted to cosmetic procedures and want to add some services to your business, it may be time to consider obtaining an aesthetic laser device. There are a few ways to do that. For example, you could rent one, or you could buy a brand new one for your practice. You could also choose to outright purchase used cosmetic lasers. One of the most popular choices is rental. However, before you rent any machinery, here are some aesthetic laser rental pros and cons to think about.
One of the biggest cons of renting a cosmetic laser device is that you don't actually own the laser. You will be paying each month for the use of the machine, but you will have nothing to show for it when your laser rental agreement ends. That might leave you feeling like you wasted money.
Another con is that a rented aesthetic laser machine may not be tax deductible at all, whereas a bought or leased machine might make you eligible for certain tax breaks.
That being said, there are a lot of pros of aesthetic laser rental. The biggest one is that it lets you try before you by. In other words, if you are unsure of which cosmetic laser device would best suit your business, you can rent one for a month or two without making a major commitment. If it doesn't work out, simply try renting another type in the following months. Once you find a machine that you like, you can consider buying a new or used machine that is that same model.
Another pro of renting medical laser machines is that you don't have to worry about spending large amounts of money. It's always a bonus for a business owner if capital can be kept stowed away for future needs. Tying it all up in one or two major purchases, such as cosmetic lasers, can be a risky gamble.
Other Pros of Aesthetic Laser Rental:
There are also some other pros of aesthetic laser rental to think about. For instance, let's say that one of your regular customers wants to have laser hair removal done, but you usually specialize in other skin care treatments and don't have the proper laser device for that. You could rent the device just to keep that customer from going elsewhere. As long as you charge more for the procedure than the cost of the rental, you'll make a profit. Even if you just barely break even on that specific procedure, the happy customer is likely to come back for other treatments, as well as tell all of their friends and family members how great your practice is.
Renting aesthetic lasers, whether to benefit a single customer or all of your customers, also allows you to make a profit faster. If you invest over $100,000 in the purchase of a brand new laser machine, it may pay for itself eventually, but that will take a long time, even if your business is well-established and busy. So, it's easy to see why aesthetic laser rental is the option preferred by most business owners.