Buy Or Lease? Exploring Property Options For Your Business

Property is one of the largest expenses for any business, whether that means renting a storefront or purchasing a warehouse, but expense isn’t the only challenge facing business owners.

Office building - buy or lease?

When it comes to investing in real estate, business owners need to project well into the future, determining whether a property will still meet their needs a few years down the line. Companies don’t want to be trapped with a too-small property because they already took out a loan on it, but they also don’t want to overpay on a rental they plan to remain in for years to come. So how should a business owner decide?…

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Should You Mortgage or Lease Your Business Property?

Running a business can be a challenging but rewarding task. One crucial decision you will have to make as the owner of the company is whether you will lease or mortgage your business property.

Both choices have their pros and cons. Read on to find out which option would suit you best.

Business property - lease or mortgage?

Mortgaged Property Becomes an Asset

The primary benefit of mortgaging a facility is that it will eventually become a prized asset. This will naturally increase the equity of your business.

When you mortgage your business property, the monthly payments will go towards building your company’s equity. Also, business property is highly likely to appreciate over time, and that can considerably increase the value of your company.…

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What Kind Of Property Does Your Small Business Need?

Forbes.com reported in 2017 that “the one-year survival rate for [small] businesses hit 79.9% in 2016,” and that “about half of all establishments survive five years or longer, and only one-third survive 10 years or more.” In order to stay afloat in such a competitive environment, making wise purchases for your small business is an absolute necessity. This is especially true as you decide which physical space best suits your needs.

Office space

If you are currently searching for a property that accommodates your small business, see which one could be the best fit.

Shared office space/co-working

Considering the purchase of property for your small business?…

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