Tag: leasing

When your business needs a new facility, you face the dilemma of whether to buy your own space or lease a suitable property. While leasing offers several nice benefits like smaller upfront costs and minimal site maintenance, there are at least five very compelling reasons that buying your own facility could make more sense for your company. Buying your own property: Saves You Money Over Time Buying a property will require more money at the outset. A down payment of between 25 percent and 30 […]

The decision to lease or buy your business space is a complex one, more challenging even than deciding to rent or own a home. Take a look at a just a few factors you ought to consider before making a decision. How Fast Do You Expect Your Business to Grow? Trying to anticipate the size of your business in the next five or ten years can be difficult. If you foresee the need for more space in the future, you might be better off leasing for now until your growth reaches a plateau. If your business […]