Grow My Business

To Buy or Not to Buy, That is the (Business) Question

Unless your business is of the home office or garage variety, you’re going to need someplace to actually do business. Big or small, whether it’s a storefront, warehouse, factory or office, the same question comes up for every business: Should we buy or lease space?

Don’t go it alone – talk to someone with experience in commercial real estate. There are a lot of things to consider and a lot of moving parts. Here are a few good starting tips:



There is no right or wrong answer when it comes to leasing or buying – as always, it depends on your unique situation. Moving into new digs should be exciting. Whatever you decide, work with a professional who really understands your needs so you get into a space that lays a foundation for your success.

 

Alerus Financial, N.A., does not offer legal or tax advice. This material is for informational purposes only. The opinions presented are subject to change without notice.