Deciding between Leasing or Buying Commercial Real Estate
The revival of the economy globally meant that the business owners, big and small, had to rethink the strategy to operate post-COVID times while considering their financial resources. With the reopening of businesses and offices, the owners are in a dilemma between either buying the commercial estate or leasing it to manage their work and provide a productive workplace to their employees within the financial acumen. Cash or loan can be the option while buying commercial real estate; leasing is to get a property on rent for a certain period. One of these options can be opted based on various factors, the scope of investment, and the current circumstances, which may change in the future. Points to Consider before Buying or Leasing As the businesses need commercial spaces such as factories, stores, warehouses, and even offices, which can be either operated from an owned property or the leased space. Both renting and leasing are suitable options depending on, number of factors – · Paym