Generally, new firms are better to:
A) lease the property where the business is situated.
B) buy the property where the business is situated.
C) have a short-term rental with no contract.
D) always start a home-based business.

Question

Quizplus · Accepted Answer

For new firms, leasing the property where the business is situated would be a better choice as it allows more flexibility and avoids tying up valuable capital in a property purchase. Leasing also avoids the need for a large down payment and the ongoing costs associated with property ownership, such as property taxes and maintenance expenses. Additionally, leasing allows the business to easily relocate if necessary, allowing for future growth and expansion.

Generally, New Firms Are Better To