5 Ways Your Business Benefits From Buying A Building.

Is it better for my company to buy a building, or to lease one? This is one of the most common (and important) questions any small business owner will have when planning the future of their company. Whether you’re making big decisions in laying the foundations of a startup, or you’re an established small business that’s tired of forking over hard-earned revenue to a landlord, you should always consider the many benefits you can reap by purchasing your business’s building over leasing it.


Save money.

Your monthly expenses with an SBA loan could possibly be less than your current rent. And in contrast to rent, mortgages are finite. You can plan on having your building paid for within a predetermined amount of time, while rent must be paid indefinitely.

When you buy a building for your business, you're making an investment. When you retire or otherwise decide to sell your property, your building will likely have appreciated in value and built equity over time. You also have the ability to rent out any extra or unneeded space to other tenants, providing another steady stream of revenue for your business. If you decide to sell or close your business after the SBA loan is paid off, you can become a landlord and create retirement income. 


Make money.

When you buy a building for your business, you're making an investment. When you retire or otherwise decide to sell your property, your building will likely have appreciated in value and built equity over time. You also have the ability to rent out any extra or unneeded space to other tenants, providing another steady stream of revenue for your business. If you decide to sell or close your business after the SBA loan is paid off, you can become a landlord and create retirement income. 


Know your monthly costs for years to come.

You don’t have to worry about rent hikes anymore. Landlords can raise your rates unexpectedly, which, depending on the state of your business, could severely impact your projected plans and goals.


Gain the tax benefits of ownership.

When leasing your building, your money goes straight to your landlord. You don't own the property, so it doesn't build equity. When you own the building, you gain the benefit of long-term residency. As you progressively pay down your low, your property will crease your equity.