Ihave witnessedmanyprofessionalservicescompaniesgo underbecausetheysignedalong-termlease ontoo muchofficespace at the wrongrent -and thenrevenuescollapsed.
And Alex, the owner, gave us a horse to lease so that our members, when they goon an interview and they're stressing out could come to the horse stables and free their minds.
Instead of chasing after retailers using the old standby of return on assets, consider a variation: Go for companies whose ROA measures will remain unscathed if and when rulemakers lower the boom onlease accounting.