Subject: Static GK (General Knowledge)
Book: Indian Money Knowledge
Small business owners often deliberate between renting or leasing shops/offices, balancing upfront deposits, lock-in periods, and monthly commitments. Long leases may secure stable rents but reduce flexibility if business needs change. Commercial realtors sometimes negotiate rent-free fit-out periods. Students pursuing entrepreneurial ventures—cafés, boutiques, or coworking spaces—should carefully project footfall, local competition, and growth prospects. A well-considered rental or lease agreement fosters sustained profitability.
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