The great majority of businesses lease the space they occupy rather than purchasing it outright.

Question

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Leasing commercial space is a common practice for businesses, as it allows them to avoid tying up large amounts of capital in buying property. It also offers more flexibility in terms of relocating or expanding as needed. However, some businesses may choose to purchase their space if they have long-term stability and predictability in their operations.

The Great Majority of Businesses Lease the Space They Occupy