Should I buy the location I want to put my store in or lease it?

24 Nov Should I buy the location I want to put my store in or lease it?

That’s not an easy question to answer. It depends on what your business is, how long you’ve been running it, where it is now, what the demand is, and several other factors. The advantage to leasing, of course, is that you aren’t sinking as much money into the location right now, but it leave you with no resale or salvage value.nnTake some time to do a detailed cost analysis, especially with your financial planner. This is not an easy decision to make, and your best bet is to learn as much as you can about your specific situation before moving forward.