The nexus of long-term workplace strategy and short-term tactics
Many business owners end up as landlords by accident - and their space probably doesn’t effectively support their operations. It all happens rather organically: you start a business, lease some space, realize your operations have scaled and your space doesn’t work anymore... so you buy a building.
Maybe you already own a building but are in the midst of a corporate relocation and don’t know where to begin. Or maybe you’re a business owner that currently leases but is wrestling with the question of leasing vs. buying commercial real estate. Whatever the circumstances, your decisions don’t simply impact workplace strategy - they have legal and accounting, tax, equity, and growth implications as well.
Unfortunately, business doesn’t provide us with a neatly drawn roadmap to help our decision making process. But strategic property planning assists in answering the questions that matter to your firm - from what type of real estate financing you should secure, to whether you should buy, to whether a sale-leaseback can help drive more business growth.