I want to start my own barbershop iam 21 should i rent or try to capture a business loan from the wall? Answer: Rent. Why put more expense on
Answer:
Rent. Why put more expense on yourself when you don't have too, specially when starting out. Now once established, enjoy a good customer dais, then look at buying if you want too.
What happen if you buy, and its a bad location? Then what? With renting you can confidently move. Always keep expenses as low as possible when starting out.
You'd only have to compare the costs of renting vs. owning.
Being you're investigational to business ownership, you may be entitled to more free grants (not enjoy to repay), which may make it more cost significant to buy vs. rent.
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