Caledonia Products Essay

There are a circuit of factors that Caledonia must train when they are thinking about buying versus leasing a property. Leasing brings galore(postnominal) positive savings in a company there are many incidentals that may come up while owning a property, such as the unexpected repairs. Leasing screwing help with long term savings for a company it provides the comfort of trying spick-and-span areas out. If Caledonia starts to branch out, opens up new locations in different states, leasing the building depart be a lot smarter of an idea than it would be to buy.Not knowing how well the company ordain do in that state, go away provide tons of savings if things do not go as planned. Along with saving during the long term, Caledonia will be saving in boilersuit taxes. However, if Caledonia has owned a forward leasing site and business is moving. It will be smart for them to go forrader and buy some property. They will be able to save in the long run with owning instead of leasing, because this location will be rooksidered a long term.While owning the site, doing renovations to the building will never be an issue. You will not have to go through the hassle of a terce party to the store/ property up to standards to the market. There is already a process with getting permits pulled and getting construction sites up to code. Depending on the overall move that Caledonia wants to go in will have to be base off of their initial plan on getting more property. As mentioned there are many different pros and cons on why either leasing or buying can be considered an option.