Should I Buy a Building or Continue Renting?

Thanks again to all who took a moment to chime in on my three problems. On Tuesday, I further addressed the issue of whether I should toss my aging servers and move my data to the cloud. Now to my second question.

What I asked: Should I try to buy a building or continue renting?

Consensus advice: Most advised against buying.

My thoughts: I’m not wild about the idea, either. But it’s long been one of the chestnuts of small business advice that owning the real estate that your business occupies is a good idea. For instance, Josh Patrick counsels:

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