Buy or lease? Both can benefit nonprofits
If your not-for-profit owns its own facility, it likely will have more control of work space than if you lease. However, ownership carries risks — and leasing can provide several advantages. If you’re trying to make a buy-or-lease decision, be sure to weigh the following factors.
Equity in owning
Buying a facility allows your nonprofit to build equity, and it can stabilize your cas...