Note: A response is optional, but a substantial response will count as a participation post.

$$

When evaluating long$-$term financial strategy, firms often wrestle with the decision between leasing and buying, not just from a cost perspective but from a flexibility and risk management standpoint. Rather than focusing solely on financial ratios or immediate tax advantages, how might a company use leasing as a tool to remain agile in a rapidly changing industry?

$$

For example, a tech firm might lease high$-$end servers or manufacturing equipment to avoid the risk of technological obsolescence. This allows the business to upgrade equipment every few years without the burden of reselling outdated assets. Alternatively, a startup in the transportation industry might lease vehicles during a pilot phase to avoid long$-$term capital commitments before demand is proven.

$$

How can the strategic use of leasing reflect a company$$s broader goals, such as innovation, sustainability, or responsiveness to market trends? Share a situation from your experience or observation where leasing aligned with more than just a financial benefit.