Tuesday, June 21, 2005

Buy the Square Foot...

Leases. There are leases for everything; from furniture to cars to office space. The intention of a lease is to be less expensive than ownership, or for the more saavy, tax evasion purposes. For the less fortunate, leasing becomes a way of life and it can cloak what would otherwise be an obvious fact: you're paying too much. If you lease a thousand dollar couch for $300 per month for instance, in the words of Napolean Dynamite, "Your an IDIOT". Now, take your leased furniture, add 500 square feet per employee for office space in the hottest market on the planet, and make sure that your operating expenses are deep in the red. If you just did all that, "Your an IDIOT".

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