Buy or rent?
Both options have their advantages. Which option is best for you depends on your situation and your ambitions as a businessperson.
If you are starting a business, it might be better to rent first. This option allows you to continue to invest in the further development of your company, because at this stage the future is often uncertain. Your company might grow very quickly straight away, or you may have to move to a different area.
If your company has already grown into a profitable concern, you have no ambitions to grow further in terms of employees or machinery, and you plan to stay at the same location for more than five years, then buying business premises could well be the best option. After all, it means you have been active for a few years, and have sufficient resources of your own to invest in business premises. You will need these resources, because banks never finance the full purchase cost.
Look for premises that suit your business activities and remain a good investment in the future. Take into account a wide range of factors, such as location, accessibility, the ease with which the premises can be rented out, etc.