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For many entrepreneurs and small business owners, the question of whether to buy property or to lease office space can be confusing. If you ask a professional real estate broker, he or she will probably tell you that it depends on the particular situation. The truth is, when it comes to this important business decision, there really is no "one-size-fits-all" solution.
Of course, if you are lacking sufficient capital to purchase a commercial building, then the decision becomes an easy one. But leasing may be the smartest move anyway: Statistics show that most new business owners start out by leasing office space, and many business consultants advise leasing your work space until you get on your feet and your business starts operating in the black.
To read the full AllBusiness.com story, click here
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