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(continued from the previous post …)
If your new business is a very young enterprise and you are considering to “just rent” initially, this may seem to be an attractive choice, especially if start-up capital is minimal and being directed toward marketing of your product or services. However, you must soon realize that you have to settle for what is on the market today in the way of structures available for lease – and at the end of the lease you will own nothing; no building or property. There is a strong likelihood that you will incur substantial interior and exterior remodeling costs to customize your leased location to your business requirements. Additionally, you will pay a monthly lease that is tailored to the building owner’s profit considerations and not to what you envision as appropriate and affordable overhead costs.