Before renewing the lease on your office space, have you considered the advantages of owning your business property? It can have a significant impact on your business. There are many benefits to owning office space. Owning offers control, consistency, and financial advantages that leasing cannot provide.
Everyone, it seems, is talking about the historically low interest rates available today. What does this mean for your business? If you are looking to invest in your business property or equipment, it is very good news.
There are two different types of loan rates: Fixed and variable (or adjustable). With a variable-rate loan, the interest rate fluctuates along with changes in the market interest rates. This means your monthly payments will vary, either rising or falling according to current market rates.