Guest Post: Should Your Small Business Buy or Lease Commercial Real Estate?

For most businesses, having a physical location to meet, work and operate in is essential to the success of the business. One of the first steps in acquiring property for a small business is the decision to buy or lease office space. There is no right or wrong answer here as every business faces their own set of unique factors and budgets to make this decision with.

Whether your business is stable and established or still quite green, leasing or buying an office space will require that you consult an advisor who specializes in bookkeeping services because they can help you determine how much you can afford to spend on property as well as the cash available you have to use for scouting locations with. Below are a few more matters to consider when making your decision to buy or lease real estate for your business: Continue reading