The importance of "location, location, location" holds true for every business. Signing a lease for an office or buying property for your business is a big decision that should not be taken lightly. These helpful articles explain how smart entrepreneurs approach real estate decisions.
- Rent vs. Buy - This article is to help entrepreneurs make the all-important decision of whether to rent or buy office space. The decision hinges largely on the length of stay in the property and your opportunity cost of capital. This article helps the entrepreneur evaluate this decision from a quantitative rather than qualitative viewpoint.
- Location, Location, Location - As in searching for your home in real estate, location is a significant factor in determining if that particular location would be a good area to start your business. There are several hypothetical scenarios to consider when choosing location. Ultimately, it will be up to the entrepreneur or small business owner to make a critical decision.