Lease Or Buy – What Makes Sense For Your Growing Business?
As the leading provider of Naperville commercial real estate for lease, the team at DynaCom understands that leading a growing business is an exciting time for entrepreneurs in every industry. No matter what the current size and scope of your organization, watching it expand its business horizons brings with it a host of corporate victories and benefits. However, with the many perks that a thriving company yields, it also delivers a wide range of responsibilities and considerations.
What’s a major factor that warrants attention as a company continues to grow? Deciding what makes sense for corporate space. For many business owners of expanding companies, deciding whether to lease a bigger space to accommodate their needs, or purchase a commercial property outright is their top priority to ensure that their organization continues to grow.
Buying Or Choosing Naperville Commercial Real Estate For Lease: What Works For Your Business?
At DynaCom, our industry experts partner with our clients throughout this critical decision making process to help them determine if buying a property or choosing Naperville commercial real estate for lease makes the most sense for their organization. When consulting with clients who are weighing the pros and cons of each situation, we work closely with them to ensure that they have all the facts they need to make the most sound business decision for their organization.
While buying a property outright does offer a distinctive range of benefits to owners, it’s not for all business owners who are focusing on other endeavors. Choosing Naperville commercial real estate for lease makes an ideal choice for businesses owners who are:
Still strengthening their business brand: Buying a building is a great option for companies with a firmly established business brand image. However, fledgling and startup businesses that are still in the beginning phases of solidifying their brand may struggle in a new space without an established client base for support. If you’re still working to broaden the reach of your brand exposure, choosing Naperville real estate for lease may make for a better final solution.
Already straddling multiple functions: Everyone knows that business owners in every industry are required to wear a multitude of job function hats. If you’re considering purchasing a property, it’s important to ask yourself if you have the bandwidth to perform all the duties that come with being a landlord. Can you manage anything that gets broken or requires updating? More importantly, do you have the revenue to pay for these fixes and updates? If the answer to either of these question is ‘No’ you may want to consider Naperville commercial real estate for lease instead.
Not sure of short/long-term growth: Finally, where do you see the size of your operations in five years? Do you see you company operating at its current pace, or expanding even further? If you expect to grow exponentially in the next few years, or aren’t quite sure where you’ll be, buying a building can prove a costly miscalculation. However, opting for Naperville commercial real estate for lease short term can provide optimal flexibility, no matter how big your company becomes.
Want to hear more about our premium list of Naperville commercial real estate for lease? Contact us today at (630) 355-2000.