The Best Small Business location, location, location

Business and your philosophy on buying vs. leasing



Position your small business

For small businesses that rely heavily on the success of traffic for customers choosing the right location can be more important than choosing a name. Besides the impact of customers, a number of factors to consider include:

Image: Location consistent with the image you want to protect?

Region: This area is concentrated on the type of your business?

Contest: What do business around or competition?

Qualified staff: this area to provide a labor force that you can draw from?

Suppliers: Suppliers can find you easily?

Safety: What is the crime rate? Will your employees feel safe alone in this building?

Possibility: rent in this position is in line with your budget?

Condition: to be ready to site or renovations that are occupied are needed?

Accessibility: for businesses and consumers

Perspectives on busy vs. rent



Article 1: Consider renting versus important buying decision

At some point, almost every small business owner asked if I should rent or buy space building?

It's a question with no easy answer.

You must compare the benefits to consider:

cash flow
flexibility
location
Fluctuating market
Income tax
To grow, you have to maintain a positive cash flow. If you buy, you will make a large cash down payment of the purchase price, anywhere from 10% to 25%. Because real estate buying up large quantities of cash, it may make better sense to invest in your business and hiring needs.

Flexibility is another consideration and usually offer rental. This is the main reason for start-ups and small businesses in growth stages are usually employed. More stable business, where flexibility is not important, consider buying.

The main advantages of buying are that you end up spending less money in the long term than you would pay if you rent the facility. Moreover, if you buy, you get the benefit of any appreciation in the value of assets.

Read the full text: rent or buy space?

Article 2: Compared to small business of renting vs. buying

There are many small business owners who need to be every time to get ready to reconsider a decision whether to buy or rent a small business.

Economic comparison of leasing vs. buying

The main advantage of hiring a business where first is that the cost of cash to acquire the use of assets which are generally less for rent than it is to buy.

However, perhaps the benefits of buying are that you end up spending less money in the long term than you would pay if you rent the facility. Moreover, if you buy, you get the benefit of any appreciation in the value of assets.

How do you reconcile these factors?

One way is to analyze the mathematics of your net cash flow which will be caused by the purchasing and leasing.

Ten factors to consider when making the decision to rent or buy

What factors should you consider when deciding whether you should buy or rent a business?

1. You want control of the assets.

Maybe you wish to make additions or renovations to this property. Or you decide to change your working hours or change anything about the way you're doing business. If you rent, you may have to get the permission of your landlord to make these changes. But if you're the owner will have someone looking over your shoulder (expect maybe Board) to question your move.

2. You can consider the long-term costs.

Sometimes hiring a beat in terms of cash flow, especially in the first year. But over the long term, buying a home is usually cheaper because in addition to paying all of the costs associated with purchasing and maintaining assets will try to build in a profit for himself. You can avoid paying a premium profit by buying rather than renting real estate.

For businesses such as retail trade and services, location is critical. If you create a winning business location, you do not want to lose because of an increase in rent or because he just wanted the property for other uses. If you are the owner of the facility, you will not have these worries.

Read the full article for more on factor 10 3

The main advantages of buying are that you end up spending less money in the long term than you would pay if you rent the facility. Moreover, if you buy, you get the benefit of any appreciation in the value of assets.