Cerebain Biotech Corp (fka CBBT) (CBBT)

[Imagineer66]

Why do businesses farm out such things as janitorial and accounting services? Isn't it always cheaper to just hire one's own employees? No, actually it isn't. Sometimes a task requires non-core competantcy knowledge or the business doesn't have enough of that work to justify hiring. Owning a building is very similar. There is a lot of time and expense in owning a building. A lot of times, it's cheaper and a lot less headache (i.e. management's time, which is an expense) to lease because property management companies specialize in these services and generate economies of scale.