Monday, May 25, 2020
Turning Your Home Office into a Small Business Operation
Turning Your Home Office into a Small Business Operation Running a small business from your home hits two of the most wonderful aspects of being independent. Youâre freed of commuting and you can work whenever you see fitâ"as long as you meet your deadlines and milestones. Turning your home office into a small business operation gives you the ability to master your own destiny. It also positions you to take advantage of many economical solutions, from cheap website hosting to working in your bathrobeâ"if thatâs what you like. Hereâs how to get started⦠Make Sure Youâre Legal Before you charge off and invest in the gear youâll need to turn your home office into a small business, make sure your neighborhoodâs zoning laws will allow you to do so. Youâll need to access your townâs ordinances governing home occupations. If you rent or lease your residence, youâll want to make sure your business stays on the ownerâs good side too. Youâll also need to look at the codes, covenants and restrictions governing your homeownerâs associationâ"if your neighborhood has one. In all likelihood, if yours is a quiet operation, nobody will care. But if youâre thinking of opening a body shop in your backyard⦠well, thatâs another story. Choosing Your Workspace In a lot of cases, the choice will make itself readily apparent. The main thing you need is enough room to accomplish your tasks efficiently. Many a writing business has been started in the closet of a studio apartment. If your work requires a more spacious environment, you may wind up giving up a second bedroom. If you have a family, choose a room that will minimize your impact on the rest of the household. If youâll be seeing clients, having a separate entrance is ideal. Failing that, choose a room as close to the front door as possible. Outfitting Your Workspace Rather than going out and spending a boatload of money on a workspace, remember youâre a startup. Look for ways to get the equipment youâll need at the most reasonable prices possible. Craigslist and eBay are great sources for reasonably priced used equipment and furnishings. Meanwhile, cheap website hosting and a templated design will save you money on your web presence. If yours is a desk job, the two places you donât want to skimp are on the desk itself and on your chair. Your desk should allow you to work comfortably at your computer with good posture and your chair should be both adjustable and supportive over long periods of time. Mind Your Time The best part of operating a home-based business is you can work at home. The worst part of operating a home-based business is that you work at home. While the convenience factor is undeniable, the job is always there and there is always something to do. You have to set boundaries. Keep to a regular schedule as much as possible. Popping into the office to take care of a couple of things can turn into an all-nighter very easily if you allow it to happen. In other words, work your business, donât let your business work you. Are You Ready? Turning your home office into a small business operation can be rewarding both financially and personally. Managed well, youâll have more time to enjoy with your family and your costs will be minimal. It might take some time to establish the perfect workspace in your home; plus the time it takes to nail down a schedule that works for you personally and professionally. But donât worry. These things are best learned through experience and experimentation. So, ask yourself: Are you ready to establish a strong digital presence for your new venture?
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