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If you’re an entrepreneur, the owner of a business, or somebody with decision-making superpowers, then you likely have a significant amount of control over the company purse strings.

When you’re in this kind of position, cost-saving is inevitably high on your priority list. You’re going to want to see the balance between incoming and outgoing shift to your advantage as fast as possible. Understandably, too.

To help you on your cost-saving way, consider buying refurbished technology instead of brand spankin’ new kit.

Refurbished technology doesn’t have to mean second-hand

It doesn’t even have to mean buying something used, so shake off those images of dusty laptops with cracked screens, and keyboards held in place with strips of Sellotape.

Refurbished items could just be those which:

So, why are so many business owners not using this as a cost-cutting tactic more regularly?

The downside of refurbished tech

As with most things in life, dealing with refurbished products has its pros and its cons. Some common concerns are:

The advantages of refurbished technology

All cons considered, there are still many benefits which come with opting for refurbished tech over new. In theory, when buying a piece of refurbished equipment, you could still be landing yourself the latest version of a product just without the box or a small cosmetic quirk, for example.

Reasons to consider refurbed tech:

Have you had any experience of purchasing refurbished technology for your business? We want to hear your stories, so come and join the conversation over on Twitter or Facebook.

About The Author

Elizabeth Hughes

A content writer specialising in business, finance, software, and beyond. I'm a wordsmith with a penchant for puns and making complex subjects accessible. Learn more about Elizabeth.

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