Buying or leasing business premises: a comparison

Compare your need for flexibility with the money that remains available to run the business. Buying and leasing create different commitments shaped by duration, fit-out and expansion plans. Go beyond comparing instalments with rent and review costs and exit terms with an adviser.

Practical steps

1. Model both staying and moving to different premises
2. Include fit-out, relocation and transaction costs for each option
3. Assess how the property commitment affects operating reserves

General guidance. Consult qualified professionals on legal, financial and technical matters specific to your transaction.