Slowing Economy Might Not Hurt All Businesses
Posted Tuesday, September 30, 2008 9:28:00 AM
As the Senior Engineer for Xponex Media I handle a lot of detailed
and sensitive data for our biggest customer, Rentacomputer.com.
They specialize in
short term rentals of computers, projectors, and things of that nature.
With the slowing economy a lot my customers have virtually stopped
all new development, but not them. They are continuing to have new
tools and applications programmed that help expand their business. I was
trying to figure out why the poor economy hasn't stopped their growth
and came up with this theory: that their business may
actually pick up speed. Allow me to explain...I own a business and need to setup 30 computers for a few months to train new employees. Under normal business conditions I might consider just buying them so I will own them for future use; but in times like these, when cash flow is dwindling and orders are few and far between, I am probably going to look to save money whenever possible. This means that renting the equipment may actually be more appealing. I mean, it could save me 50-60%, plus the cost of setup and the hassle of dealing with any broken equipment during the training period.
So, with this theory in mind, I would guess that the computer rental industry may actually grow because of the poor economy. Let's hope, because they really are Xponex's bread and butter.
| Economy Woes Head to Wendy's (Wednesday, October 22, 2008 4:32:54 PM) |
Categories: Financial