While a home-based business can be convenient and help you save on renting office space, it’s vital to have enough space to make it work. If you’re planning on moving at the same time as your business launch, use this guide to help you manage the tasks ahead. And if you’re deep into house-hunting and need some help, contact Brigette Modglin.
Finding the right house
When you’ve decided to run a business out of your home, it’s important to take a hard look at your current home to see if it’s the right fit for your needs. If you don’t have a place in your home that you can use as a dedicated workspace — a spare bedroom, for example — it’s probably time to look for a new house.
When you’re looking for the right house to suit your needs, consider the functions of your business to help you establish what elements of a house will help you launch your business. For example, if you plan to see clients for your new business, it’s a great idea to find a house that
has a room with a separate entrance. Not only will that provide privacy for your client, but it will also keep your personal life separate from your business.
Another factor to consider is whether you’ll need additional storage for your new business. If you’re starting an online retail company, it’s likely you’ll have inventory that you’ll need to store. Consider finding a home that has ample storage, whether it’s a garage or a basement that’s easy to access.
Once you determine your needs, make a list of non-negotiables that will help you in your house-hunt. Knowing your non-negotiables will help you rule out homes that aren’t right for your needs, and will help speed up your home search. Brigette Modglin can provide you with guidance during this step and every other aspect of the process.
Running your business during a move
When you’ve found the right home, it could be tricky to manage your business while moving house. Before you start the move, consider what tasks you can set aside in the weeks it takes to get out of your old house and into the new house. If you’re just getting started, this could be a great time to get the paperwork out of the way.
One key task of launching a business is establishing a business structure. A popular option for many entrepreneurs is a limited liability company or LLC: not only does it provide protection for your personal assets, but it also has certain tax advantages.
Another great task to take care of during the move is procuring any office equipment or business supplies you’ll need when it comes time to set up your new workspace. Consider what type of desk you want — standing or sitting — and find a comfortable chair to keep your back healthy. It’s also wise to set up a strong internet connection that can handle the workload for you and your family.
Finally, you may want to consider setting aside time for earning a higher education to help you become a more successful business leader. Earning a master's degree in business administration can easily be done online, and this way, you'll have the flexibility to create a schedule that works for you. In other words, you can work on getting your degree without missing a beat with the moving process and business management.
Moving at the same time as setting up a new business will take some patience and creativity, but with the above tips, you’ll make it all work. Just be sure to find the right home for your business and personal needs, and find business tasks to accomplish while you’re between homes. Once you’re in the new home, then the real fun begins: set up your office to suit your working style and enjoy your new space.
Written by: Megan Cooper