1. initial cost: it takes a high initial cost to buy gym equipment, and leasing can save costs at the initial stage.
2. Cash flow: Buying equipment means paying a lot of money at one time, while leasing can reduce the pressure on cash flow and use more money for other purposes.
3. Equipment update: Fitness equipment is updated quickly, and it may be necessary to update equipment more frequently when purchasing equipment, while leasing can easily keep up with the development of the industry and use the latest equipment.
4. Maintenance costs: the purchase of equipment needs to bear the maintenance costs, which can be passed on to the leasing company by leasing.
5. Long-term planning: If your gym has a long-term development plan, buying equipment may be more in line with your strategic goals. And if your plan is short-term operation, leasing may be more appropriate.
In short, when deciding whether to rent or buy fitness equipment, we need to comprehensively consider the above factors and make a decision according to our actual situation. Please feel free to let me know if you need more advice.