From the Austin Business Journal, December 5:
“Here’s this week’s question: “You have a small startup that is gaining momentum, working out of your home. Should you buy or lease separate office space to give the business more credibility?”
And here’s one answer to get you started, from Ryan Pitylak, CEO of Unique Influence Inc.
“Absolutely. It makes a big difference. You should lease, not buy, because you’ll most likely need a lot more space if you’re growing quickly. Then, once you have some visibility into the future size of your company, you can make a decision to buy,” he said.