K
kenseth17
[QUOTE='68 Coronet R/T;453]The last place I worked at the owner of the company also owned the building the company was in. He had incorporated the business with him being the president but kept the building in his personal name. His business then rented the building from him personally. This allowed him to raise the rent if the business was doing well thus controlling the profit level on the business. If things really went gang busters he would see the need to expand the business thus requiring a larger facility which the business would then pay for and he would gain more value in his real estate holdings personally and raise the rent.[/QUOTE]
I believe this is what the owner of the place I work does.
I believe this is what the owner of the place I work does.