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Moving to a House for Your Home-Based Business
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These days, many companies operate out of the owners’ houses. Long gone is the era where you have to rent space in a suburban business park or retail store downtown. Now, you can reach your entrepreneurial goals without stepping foot from your front door! (If you’re in the launching phase of your business, Google “ZenBusiness starting a new business” to learn what it takes to get up and running.)
But what happens when your operation outgrows your house, or you know that your current home will not accommodate your startup? If you want to move forward with your home-based business, you must find a home that will meet the needs of yourself, your family, and your company. Below, Geenius Marketing has shared some practical tips for getting started!
Organizing your finances is a great place to start. Go over your budget to get a picture of where you stand so that you can plan your next steps. Then, research the local housing market to see what homes are available and the prices they are going for. If you’re considering purchasing a home “as is” to save a bit of money upfront on the mortgage, understand that there is some risk involved. What you save going into it may be lost, at least partially, if any major repairs crop up after moving in; because the property is being sold as is, the seller won’t be on the hook for such expenses.
If there are home repairs that should be addressed before moving into your new home, you’ll need to budget that in as well. For example, if you have issues with concrete in your home’s structure, you’ll want to have that fixed ASAP so you don’t encounter any foundational issues or leaks. Finding reputable cement contractors is relatively easy; simply do an online search and read up on customer reviews. Be sure to get a quote in writing, and establish a timeline for the project.
If you are worried that you don’t have enough money to get your business moving, explore the various grants that can provide you free money to cover operations and expenses. Grants range from the Small Business Technology Transfer Program (STTR) to funding from the U.S. Economic Development Administration (EDA). Just make sure you have a detailed business plan in place, know how to complete a stellar application, and tailor your search to grants specific to your industry.
Consider All Your Needs
Perhaps the trickiest part of finding your next home will be that you have a lot of needs and preferences to consider. You must find a property that accommodates your business and your family while facilitating your recovery.
Consider your work needs. Discover suggests considering whether you need a dedicated office space separate from your primary living areas. Do you need to account for inventory and large equipment? If you primarily work from a computer, choosing a property that allows for a smaller home office should be relatively straightforward. But if you will need more space, you might consider a property with a garage (attached or detached), basement, or sizable attic.
How many children do you have? Do you have any pets? Answering these types of questions will help you determine the right size and layout of your next home.
Organize the Relocation
Once you find a property that will allow you and your family to live comfortably and help your business grow as you envision, start organizing your relocation. If you can budget for professional moving services, that’s the best way to go. Find a reputable moving company, and schedule your move well in advance. Moreover, be sure to follow up with them as moving day approaches, and communicate with them throughout the entire process.
Set Up Your Workspace
You will want to begin setting up your home office as soon as possible after arriving at your new home. Ensure you have any essential equipment necessary to work productively, such as an ergonomic chair, desk, and all of your devices and accessories.
Also, New Day Office says to try to maximize the natural light in your workspace by setting your desk up near a window. For additional lighting, find high-quality floor and desk lamps. Then, you can start planning the interior design elements (e.g., painting, storage, decor, etc.).
If it is time for your family to enter the next chapter of your lives and build your company, be sure to prepare your finances before taking any other steps. Factor in the needs of yourself, your business, and your family when searching for the ideal property. Organize your relocation with the movers, and establish your home office soon after arrival. Following these steps will help you smoothly transition into a brighter future!
Note from Arline Miller, author and blogger of Sipping Cups of Inspiration is happy to present Guest Blogger Geenius Marketing. I found this article to be informative and a possible new tool to use. Sipping Cups welcomes bloggers/writers to submit for review any useful articles. Thanks Geenius Marketing.
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