When you’re starting a business, you have to make numerous important decisions. A key decision is whether to buy or lease your office space. Although there are advantages to both options, at Johnson Imperial, in Hastings and Kearney, NE, they highlight the following benefits of leasing commercial property instead of purchasing it outright.

5 Benefits of Leasing Office Space

1. Flexibility

You can’t predict how your business will grow. If you purchase office space and end up needing a larger building in a year, you’ll have to go through the time-consuming process of selling a commercial property. By leasing, it provides you more flexibility to increase or decrease the amount of space you need.  At Johnson Imperial, they understand businesses expand and contract and continually work with their tenants to meet their office space needs.

2. Less Responsibility

As the owner of a property, you need to address issues like maintenance and security. These responsibilities distract you from running your business. When you lease the property, the landlord is generally responsible for handling these tasks and allows you to focus more time on your business.

3. Reduced Upfront Cost

Buying office space requires a large up front outlay of capital.  This is a major expense that could significantly deplete your funds during the critical early stages of starting a business.  By leasing space, this generally allows you to spend your dollars on other up front or ongoing costs associated with your particular business.  

4. Professional Service

If you choose to lease a property, you can research landlord and management companies to ensure you’re working with someone who’ll respond to your needs if there is ever a problem that needs to be addressed.  At Johnson Imperial, they pride themselves on being customer friendly, detail oriented and timely when working with their tenants on challenges that may arise when leasing space.

5. Simplified Bookkeeping

Bookkeeping as a property owner can be very difficult and takes up a lot of your valuable time. Writing one check a month for rent is much less demanding. When you run a business, you don’t have time for major tasks that distract you from your work.

If you’re looking for office or retail space in the Hastings or Kearney, NE, areas, get in touch with the team at Johnson Imperial. They’ll help you find the ideal property for your needs. Contact them online, or call (402) 461-4100.