As a small business owner, one of the things you have to think about is the premises out of which you operate.
While some businesses rent their office, shop, or wherever, others own it outright. Generally businesses transition from renting to buying once they reach a certain size, but is that right for everyone? And at what point does a small business become big enough to take this particular step?
If you’re currently renting your premises, it could be that that’s the best deal for you right now. If you’re thinking of your future however and want more security and long-term benefits than renting affords, then you may want to think about buying your own office, warehouse, retail unit or whatever kind of property it may be, to own outright.
Small Business Help And Support 