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Buying a piece of property is a give and take process. The seller quotes a price and the buyer counters with a lesser price or seeks certain concessions. Negotiations take place until both parties see eye-to-eye and agree on the terms. If both the buyer and seller believe a good deal was made, then negotiations were […]

A business owner recently asked if he should consider purchasing a building when his five-year lease expires. What factors should he consider? Is there a mathematical formula someone can use to figure out whether to buy or rent office space? The answer: There are no formulas in business that can substitute for good judgment, and so the answer […]