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原文传递 Growing pains
题名: Growing pains
正文语种: eng
作者: RICK WHITE
摘要: The shop has been pretty crazy during the last year and a half or so, hasn't it? You're booked out for three weeks and just can't get another vehicle onto your schedule due to the limited size of your shop. Like a lobster shedding its shell because it's too small, you realize that you've reached the capacity of your current location. Then you have a brilliant idea: you'll expand your shop!In order to make a well-thought-out decision, let's consider as many factors as possible.Rent a bigger facility: You're renting now and almost finished with your lease, so it makes sense to find a bigger place to rent Why rent? It could be that you don't have the funds for a down payment or the real estate market is crazy, and it doesn't make sense financially for you to purchase anything right now. All your profit would be going toward the mortgage payment. The pros to renting a bigger facility are it will have a lower investment than buying and it's move-in ready. The cons are you need to find a properly zoned property that isn't too far away from your current location. You could lose upward of 25 percent of your client base, depending on how far away you move.Buy a bigger facility: You currently own your shop but it's just too small. You've ruled out adding on to your current building, so now you're on the hunt for a bigger one. The pros of buying a bigger building are you don't have to deal with a landlord, and it's easier to make improvements. Just like renting, the cons are finding a properly zoned property that isn't too far from your current location.Build an addition: You love where your shop is and you have the room to add onto the building. The pros to an addition are you're staying at your current location, so you won't lose any of your clients. You can also build your addition to your specifications, keeping everyone in the shop happy. The cons are you must deal with your municipality for zoning and permits. We're seeing building costs running between $80 and $400 per square foot. You also must put up with the project taking longer than quoted and the price being much higher due to unforeseen circumstances.
出版年: 2022
期刊名称: Motor age
卷: 141
期: 7
页码: 12-13
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