Should medical practice buy or lease the medical equipment

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Question

Should a medical practice buy or lease the medical equipment they need to serve their patients and stay ahead of the competition? Both leasing and buying offer benefits and drawbacks to a new or growing practice. Would you recommend the practice buy or lease its own medical equipment? which is the more affordable and cost-effective choice over the long term? In addition, discuss the pros and cons of leasing versus owning.

Make sure to list 3 reasons why you would recommend the practice to buy or lease.

Make sure to support why you consider your choice both more affordable and cost-effective.

List 3 pros and cons for leasing vs owning.

Reference no: EM133375038

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