Maximizing Profits for Out-dated Equipment
A key issue for many companies today is cost-effectively disposing of outdated assets while maximizing on the returns. It is especially an issue for those dealing with technology items with short life spans.
PR9.NET December 10, 2005 - A key issue for many companies today is cost-effectively disposing of outdated assets while maximizing on the returns. It is especially an issue for those dealing with technology items with short life spans. Outdated assets take up space, tie up capital and negatively affect the bottom line. There is an answer for this problem. Many companies turn to IT asset recovery.
IT asset recovery is a system whereby old IT equipment gets recycled and reused. The reusable components are sold to other companies. This system is beneficial to many people on many levels. This process of recycling is good for businesses that want to make money on old hardware. The environment also does not suffer as it would if it were dumped in some landfill.
The removal of old computer equipment has previously been an issue with many companies. The old equipment is difficult to pick up and move and the value has dropped dramatically. There is also the issue of what to do with it. Many third world countries are complaining about becoming the dumping ground for all of this out dated equipment. They wish to be environmentally want to sell computers can do so through asset recovery and can feel good about the buy-back programs that also translate into a great environmental contribution.
A business that relies on its computer technology will most likely come upon the day when buying more modern equipment is crucial. What seems like a simple process is often met with dismay. The problem of the old equipment rises to the surface.
Many businesses wonder what could be the best way to get rid of old computer hardware. Throwing it out with the trash simply does not seem the best option. A lot of money was originally invested in the equipment, and it seems that money could be made in selling it. The question of whom to sell it to and how can be answered by an asset recovery solution.
Many companies do not have time to resell old equipment. Calling a company that recycles it makes the procedure simple. What could have been a long process of listing the equipment online or in the newspaper turns into a simple phone call. From there, the equipment is picked up, paid for and taken away.
Generally, when unwanted computer equipment gets purchased by a company that provides an asset recovery solution, the earning potential for a business is one of the priorities. The equipment can often be bought back by the original computer provider for the current market value. This value is rather like the blue book price for computer equipment.
Along with earning money by selling equipment rather than tossing it in the dumpster, a business can feel good about the environmentally sound decision. When computers are refurbished, they remain in working circulation. This process of recycling equipment is safe and has no harmful environmental impact, as the computers are brought up to standards and re-sold to be used by other businesses.
# # #
Download PDF Version:
Millennium Information Technologies (MIT) is a technology based asset recovery company based in Alpharetta, Georgia. Established in 1998, MIT foresaw the immediate need for the reallocation of used hardware assets.
|Recent News Headlines
|Industry Category of Current Press Release