What are the pros and cons of adding rental space or buying a building?

How do you think financial modelling helped the lender and BBO make a more informed decision? How can it be improved?

What factors, other than those considered by the lender, should Thomas and Greenwood consider before taking a loan?

As the lender, what financial ratios, ratio trends and other factors would you use to assess whether you lend to Bubble & Bee Organic (BBO)?