Scenario Small Company Sells T Shirts Popular College Town Leasing Years Opportunity Purch Q17787178

Scenario: You own a small company that sells T-shirts in apopular college town. You have been leasing for years but you havethe opportunity to purchase the building instead of leasing.
Please address each question individually:
1) Should you continue to lease or should you buy the buildingand property?
2) Provide the rationale for your decision.
3) What are the long-term implications of your decision?
 
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