Marc Haine argues for buying business property instead of renting. You build equity with each payment, control the space without asking permission, and customize it however you want. He compares it to owning your home.
So, I mean, you think about it in terms of what most people are familiar with. You think about your own personal home. Most people don't rent their personal home after maybe the first few years. Maybe they're getting started in life, getting married or whatever. Okay, they're going to rent, maybe move around a little bit. But once you get established, one of the major goals for people is to buy the home, right? And why do you want to buy your home? Well, you want to make your wife happy if you're married like me. But beyond that, you have control over the premises. You can build it out to however you like. Without having to ask permission. And so you can sort of gin up the best customer and employee experience. Every payment that you make on that property is contributing to the, the increase in equity.
