Business Condos U.S.A. | Southeastern United States

Business Condos USA is a company that is creating a new series of opportunities for small businesses in the North East Florida market. The firm is creating small business condominiums that make it possible for small businessmen and women to “own” their place of business instead of leasing. This is a more powerful statement than one might first perceive. Ownership of real estate, especially commercial real estate, is the foundation of most wealth in our Nation. Historically, small or new businesses have had only one option when locating a place to conduct their chosen profession and that was to rent from a wealthy landlord who developed or purchased a multi-bay small business office or industrial center. The wealthy investor/landlord then made these small bays available to the business community as “incubator” space. There is nothing wrong with this scenario except that it does not permit the person who is making the payments to the landlord to realize very much of a benefit from those payments. While commercial rent can be deducted as a legitimate business expense for small business, the vast majority of the advantages of ownership pass to the landlord and his tenants provide him with the cash to make his mortgage payments as well as receive the benefits of “appreciation” and “depreciation” that are part and parcel with the ownership of commercial real estate. Business Condos USA is changing that dynamic by providing small bay business condominiums that are affordable for small business and allowing them the benefits of ownership and the pride of “owning” their place of business in much the same way as many of us take pride in the ownership of our homes. More importantly, the ownership of a small business location can send more than one hundred thousand ($100,000) to the balance sheet of the small business in just the first five years of ownership compared with leasing the same amount of space in the same market. This is an incredibly important way in which small businesses can create a “net worth” which will allow them to grow and prosper much faster by allowing them to develop a pool of wealth that can be used to grow the business instead of simply passing that wealth on to the landlord. The US Chamber of Commerce reports that 75% of all new employment is created by small businesses (those having less than 50 employees). Business Condos USA is proud to be part of a plan that will provide the base of wealth needed for small businesses to be able to grow that business much more rapidly by utilizing the equity in their place of business as a pool of wealth that can be employed when needed to grow the business and in so doing grow the entire economy for all of us.

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