An important advantage an entrepreneur gains by leasing rather than buying a facility is
A) receipt of an investment tax credit.
B) a decrease in risk by minimizing investment.
C) a decrease in the amount of promotion required.
D) a customized layout.

Question

Quizplus · Accepted Answer

Leasing a facility allows the entrepreneur to minimize their investment and therefore decrease their risk. This is because they are not tied to a large, long-term investment and are able to adjust their business strategy more easily if necessary.

An Important Advantage an Entrepreneur Gains by Leasing Rather Than