Technical Writing Formal Report
Dylon Industries
Computer Leasing Assessment
Prepared for
Robert Reuter
Dylon Industries
Cleveland, Ohio
Prepared by
Michael Norby
Dylon Industries
Cleveland, OH.
November 30, 2012
Summary
The purpose of this report is to determine why we should lease computer equipment as opposed to purchasing computer equipment. Leasing computers can save this organization revenue by not having to have an on-site IT Department for any hardware or software issues that develop. Any technological advances that develop can be upgraded to stay current with technology. This report will also look at the total cost of ownership as compared to leasing computer equipment. Finally the financial burden of the issue of computer disposal will be addressed.
Table of Contents
Summary 2
Table of Contents 3
Introduction 4
Leasing Overview 4
Advantages and Disadvantages 7 Advantages 7 Disadvantages 8 Conclusion 8 Recommendation 9 References 10 Appendix 11
Introduction
The administrator of Dylon Industries, James Nichols, requested that I, the Administrative Assistant, make a comparison as to whether leasing or owning our computer equipment would be beneficial to Dylon
Computer Leasing Assessment
Prepared for
Robert Reuter
Dylon Industries
Cleveland, Ohio
Prepared by
Michael Norby
Dylon Industries
Cleveland, OH.
November 30, 2012
Summary
The purpose of this report is to determine why we should lease computer equipment as opposed to purchasing computer equipment. Leasing computers can save this organization revenue by not having to have an on-site IT Department for any hardware or software issues that develop. Any technological advances that develop can be upgraded to stay current with technology. This report will also look at the total cost of ownership as compared to leasing computer equipment. Finally the financial burden of the issue of computer disposal will be addressed.
Table of Contents
Summary 2
Table of Contents 3
Introduction 4
Leasing Overview 4
Advantages and Disadvantages 7 Advantages 7 Disadvantages 8 Conclusion 8 Recommendation 9 References 10 Appendix 11
Introduction
The administrator of Dylon Industries, James Nichols, requested that I, the Administrative Assistant, make a comparison as to whether leasing or owning our computer equipment would be beneficial to Dylon
References: Behr, Mary E. (2002) “The Lowdown on Leasing” PC Magazine, pg 63 Borow, Deborah Brealey, Richard A., and Stewart C. Myers. (1991) Principles of Corporate Finance. 4th ed. New York: McGraw-Hill, 1991. Department of Information Resources Lease vs. Purchase, Retrieved December 1, 2012 from http://www2.dir.state.tx.us/SiteCollectionDocuments/Document_Library/Policy-Stds-Guides-Procs/leasepurchase.pdf Equipment Lease Calculator, Lease vs Buy. Retrieved December 12, 2012 from http://www.calculatorplus.com/business/buy_lease.html Wynn, Jack. (1991) "To Use but Not to Own." Nation 's Business. Pg.2 Appendix A: Lease vs