WHICH ONE MAKES MORE FINANCIAL AND BUSINESS SENSE?

Before you get into any financial commitment, you need to establish the impact it will have on your liquidity and that of your business. For example, a house requires a bigger down payment compared to a car. Also, buying a home may mean getting yourself into a long-term financial commitment that may take very many years to accomplish. Are you able to do that?

On the other hand, purchasing a car is a shorter and less scary financial commitment. And you do not need a lot of upfront cash to purchase a car. It is even possible to pay it all off at once in some cases. But will it add value to your business?

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