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Explain why a new law office might want to lease furniture rather than buy it.

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Jessie Canales, M.A. eNotes educator | Certified Educator

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That’s a very interesting question. In order to answer it, I would suggest looking at the overall expenses a new business has to factor in. For example, when first starting off as a new business, a new law firm would have to rent office space. This usually involves the monthly rent, and a deposit which has to be paid on top of the first month’s rent. Furthermore, the new law office will need to be paying for other items such as insurance, decorating costs, equipment, and furniture. In addition to this, all employees will need to receive their salary after the first month of working for this new law office. However, the problem is that at this point the business may not have made a lot of...

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