By Heartwood Properties, CEO, John Whall.
It’s the age old dilemma: should you plan to lease or own your business premises? There are advantages and disadvantages to both, with much depending on the life cycle and stage of each individual business. The appeal for many businesses to own their own premises is that it can be an appreciating asset and a sound financial investment in the long term. There’s also the appeal of not having to worry about massive rental increases and having the freedom to decide when to renovate. (more…)
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