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You are at:Home»News»Which is better: rent or buy office premises

Which is better: rent or buy office premises

April 10, 2018

Today, most of the entrepreneurs, who are only on the path of doing their own business, are often wondering what to prefer: buying an office premises or renting it. In the first case, of course, there are fewer problems with the search, and even water delivery, replacement of cartridges in copying machines, services of an Internet provider can be provided immediately.

However, in relation to ownership, it is much more convenient to buy your own premises. Although this option for many beginner entrepreneurs may not be able to. Moreover, after the purchase of the premises, subsequently, a fairly large amount will need to be spent on interior decoration, as well as on the arrangement. When renting an office, all saved money can be directed directly to the further development of the enterprise.

I must say that of course there are some exceptions here. For some firms, due to the specialization of their activities, it is necessary to regularly change the location of their office. And some companies generally have some abstract concept of office premises. In such cases, it will not quite be reasonable to acquire its own office space, because it can adversely affect the pace of development of the company. The best solution in such a situation is still a rental premises, which will be agreed at each stage of the change of location of the company.

When renting a premises, one must not forget about the conclusion of an agreement that was created to protect against fraud and other number of real estate problems. Firms that have just entered the market can choose shared construction in which they invest their investments in construction, and at the end they receive in a private new room.

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