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T oourt eam her eatT enav ox ,t hec ur r entenv i r onmentf ors mal l bus i nes s esi nc ommer c i alr eales t at edi dnots eem t oal i gn wi t hwhatwehav eatourf i nger t i psi not heri ndus t r i es .
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Tenavox Dec i s i onmaki ngi nt he21s tc ent ur yhasev ol v ed.Feedbac kandr ec ommendat i ons t akef r ontandc ent eri nc ons umerbehav i or .I nf ac t ,8outof10c ons umer sus e r ec ommendat i onsandr ev i ewsi nt hei rpur c has edec i s i ons .I nev er yot herf ac etof dec i s i onsf oryourbus i nes sf r om c omput er st oc ons ul t ant st oc opys er v i c es , ac c ur at edat a,onl i ner ec ommendat i onsandf eedbac kar et heabs ol ut enor mal bef or emaki ngapur c has eors i gni ngac ont r ac t .
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HOW AL EASESP ACEI SBETTERTHAN BUYI NGCOMMERCI ALSP ACE
Ev er ys i ngl edev el opi ngbus i nes sma ys omet i meoranot herf ac et hes ubj ec tofr eal es t a t el eas i ng asoppos edt opur c has i ngoffic es pac e. Thi si nqui r yhasnumer ousups i desanddowns i des , andan ent r epr eneurneedst odel i ber a t el ymeas ur et headv ant agesanddi s adv ant agesofoffic ef orl eas eor pur c has i ngoffic es pac e. Wi t has pec i ficendgoal t os et t l eony ourc hoi c el es sdemandi ng, her ear e t hek eyac t ual i t i esofr eal es t a t el eas i ngasoppos edt opur c has i ngoffic es pac e. Adv ant agesofr eal es t a t el eas i ngoffic es pac e: i mePr oper t y: Ar eal es t a t el eas i ngoffic es pac eal t er na t i v egi v esabus i nes st heoppor t uni t yt o •Pr l eas ei nar egi onwi t hadec entar eaandhi ghpi c t ur e. I nt heev entt ha ty ourbus i nes si sr el i anton ar eaandpi c t ur e, f orex ampl e, r et ai l orea t er i es , t hel eas i ngc hoi c ei ss ubs t ant i al l ymor eaffor dabl e. •Mor eTi me: Anyki ndofpos s es s i onac c ompani esmi gr ai nes . Ret ai l f orl eas ec hoi c eaffor dsan oppor t uni t yt oc onc ent r a t eex c l us i v el yonmai nt ai ni ngy ourbus i nes s . r eeUpWor ki ngCapi t al : Wi t hy ourc as hnott i edupi nr eal es t a t ey ourbus i nes sc anr eac tt o •F c i r c ums t anc esi nt hemar k et . Al s o, y ourc apac i t yt oobt ai nas s et swon' tbeasc ons t r ai nedaswi t h pur c has i ngoffic es pac e.
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DI SADVANT AGESOFREALEST ATE L EASI NGOFFI CESP ACE •NoEqui t y: Whi l el eas i ngy ouwi l l financ e anot herper s on' sr et i r ementwi t hy ourl eas e i ns t al l ment s . Bet ha tasi tma y , owni ngex pec t s y out ogetengagedwi t ht hepr oper t y admi ni s t r a t i onbus i nes s . Var i abl eCos t s : Wi t hanoffic ef orl eas e • al t er na t i v ey oumi ghtbel i abl et oy ear l yl eas e i nc r ement sandhi gherex pens eswheny our l eas el aps es . Adv ant agesofBuy i ngOffic eSpac e: i x edCos t s : Sec ur i ngi nt hebus i nes sc ont r ac t •F l onghaul c angi v ey ourbus i nes sc l ear , s et t l ed ex pens es . •Ret i r ementSa vi ngs : Thepos s i bi l i t yofowni ng bus i nes ss pac eandha vi ngt hepr oper t y i nc r eas ei nv al ueaf t ers omet i me, enabl est he pr opr i et ort oofferoutands ubs i di z et hei r r et i r ement . T axDeduc t i ons : Ther el a t edex pens esof • owni ngandr unni ngabus i nes ss pac ec angi v e as s es sr eas oni ngashomel oani nt r i gue, pr oper t yc har gesanddi ffer entt hi ngs . Di s adv ant agesofBuy i ngOffic eSpac e: •L ac kofF l ex i bi l i t y: Anot herordev el opi ngbus i nes sma yenc ount ers t ar t l i ngr equi r ement sl a t er on. I nt heev entt ha ty ourbus i nes sk eepsdev el opi ng, y ourpos s es s edoffic es pac ema ywi ndup not i c eabl yl ac ki ngf or c i nganofferoft hepr oper t y . •Upf r ontCos t s : Pur c has i ngbus i nes ss pac ewi l l a tfir s tc os ts i gni fic ant l ymor ef or t hr i ght . Ther ear e pr oper t i es , ex ami na t i onandupk eepc os t sal ongs i deanex t ens i v eupf r onti ns t al l mentand c onc ei v abl epr oper t yc hangec os t s . Ther es pons et ol eas es pac eorpur c has eoffic es pac ei s n' tobvi ousands i mpl ef ormos t ent r epr eneur s . Y ourc hoi c ewi l l r el yonabl endofmoneyr el a t ed, as s es s mentandi ndi vi dual i s s ues . Asy oui nv es t i ga t et hec hoi c e, gety ourbookk eeperandmoneyr el a t edor gani z ert oc ont r ol y ou wi t ht hebes tgui danc ef ory ourc i r c ums t anc e.
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