According to the book, "An often overlooked secret to creating wealth as a business owner has little to do with actually running the business." The premise of this book is that owning commercial property, rather than leasing it for your business, is the "best investment" that a small business can make.
Hurn posits that real estate is an asset than can outlast the business itself. Equity builds up for the business as the years pass, and the mortgage payments may be less than what you pay in rent, and fixed, unlike rent which rises. Along with tax advantages and income potential, it brings financial freedom. And once a business is sold the businessperson can become the landlord, while continuing to build wealth. There's a built-in opportunity to create a nest egg for retirement.
This book is aimed at entrepreneurs and owners of small businesses. The appendices include information on certified development companies, and commercial real estate brokers.
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