Reference no: EM133711432

Problem

In the course of your employment with T&G Consulting, you have been introduced to the owners of a local electrical contracting business, Power Electricians, Inc. During your first meeting, you learn that the business is thriving and, as a result, the owners are in need of a larger commercial space for their office, equipment, and trucks. They have been leasing their existing space for the past five years. They are thinking about approaching their landlord and discussing with the landlord the possibility of enlarging the space and renewing the lease. They are also entertaining the possibility of looking for new commercial space to lease. A third option would involve the purchase of a building and land for their growing business. You agree to consider this further, and another meeting with the group is scheduled. Prior to the second meeting, you realize that a significant amount of additional information is needed in order to provide Power Electricians with a sound recommendation as to whether they should buy or continue leasing. Prepare a series of questions that you will present to the owners at the second meeting that are designed to elicit the necessary information. Explain the importance of each question, and why the information sought by each question is necessary for the determination as to whether to buy or lease.