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?
