Five thoughts to make the right choice!
Once the business idea had been achieved, once it was found with whom to share it and bring it forward, a question arises: where work?
And the moment comes when the house, the garage, the bar become small and inefficient. So where going to grow your business becomes a primary need and you have to consider whether to buy or rent an office space in sector 44 Gurgaon or an efficient workspace, maybe in a nice neighbourhood of the city, easily accessible by public transport, maybe where you can do ‘network’ / networking, where to find partners too.
Let’s see together five aspects to be taken into consideration.
Buying a property means having already at the start of the great financial skills, dedicate at least one person and a lot of time to all the bureaucratic but essential for the purchase, requires a lot of time to devote to the search of the property, to negotiations, to the financing and to the users to be activated, in case of possession then there will also be a series of taxes to be paid on the property.
Renting traditionally involves a time commitment to research and a long-term commitment and expense throughout the contract. Rent an office or a workspace instead it is a solution that allows you to commit for a short time (starting from a month) without having to anticipate large sums of money but paying only a small deposit. The rental of the office also allows you to start with a small space and then have the opportunity to expand the square footage as needed, quickly and effectively.
With the rental, you can decide to withdraw and change locations quickly and easily while with the purchase and with the rent this cannot happen quickly and easily.
In case of a purchase, rent or rental all charges are deductible. The rental cost is tax deductible as a business expense.
You know exactly the potential of your finances to decide what should be done. Buying a property means being committed to financing, furnishing, utilities to be activated and sometimes personnel to be hired. Even rents traditional must take into account the time and expense of activation utilities, purchase of furniture, personnel expenses. In buying and renting, you often have to give up a central area because the costs would be very high and you have to prefer peripheral areas. With the rental, you have a turnkey that provides an equipped workspace, with integrated secretarial services, with internet service, telephone, and all the classic users already active and included? Also, you can find the spaces in the center!
Think about maintenance costs. For purchases and traditional rentals, it is all about you or whoever deals with it from light bulbs that can burn, to the heating system that can break, and so on. Maintenance has a significant impact on business expenses and the use of time and personnel involved in the stipulation of contracts with the various maintenance personnel and the resolution of problems. In the case of a rental, all this falls on the manager of the office space in DLF cyber city-Gurgaon. All you have to do is report the fault and think of everything.