Many businesses opt to lease the space in which they work for a variety of reasons. Perhaps they cannot afford the financial outlay required to purchase a space, or they plan to buy a space when the business grows. Whatever the rationale, there are pros and cons to renting office space.
One pro is that if something goes wrong in the building, for instance, there's a leak, the plumbing goes haywire or something else occurs, the business only needs to call the building owner to get the issue fixed. If the business owns the building then any repairs would be the business' responsibility to handle. On the flip side, if the owner of the building is slow to make repairs, this can have a negative impact on customers and the business could suffer. Another consideration is potential growth for a business. If the business is starting small, then a large space might not be necessary at first. Buying a building to meet current needs that might not meet the business's needs later could be an unwise business move.