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Acquiring additional spaceQuestion Is there a rule of thumb for how much space to lease for my growing business?
Answer Because everyone's business model and growth plans are different, no one rule applies. Various issues come into play with respect to whether you're purchasing or leasing (like future expansion opportunities, for example).
 
But as a rule-of-thumb, it's often best not to acquire more than 10% to 15% more than you need when you move in. Related Categories: Accounting, Finance, Taxes, Cash Managment, Inventory Management, Management, Real Estate
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