Originally Posted By: Jerry Garcia
On one corner is a Rvrfshr store, kitty corner is Joe's Store, they sell the same kind of product, both stay in business because they are on an equal footing for taxes and utilities. Edgar buys Joe's and because of a change in the laws Edgar no longer has to pay real estate taxes. 2 years later Rvrfshr is out of business, no longer able to compete.


That's why any smart retailer LEASES property.

BUS 101. Take it.

Even banks and box stores after buying and building sell the property into holding companies and lease it back. Not only does it protect the company financially, it frees up the capital for further expansion & investment.

Only an idiot starts a business venture with only his own capital.