Articles

2.  Is Working from Home Your Best Choice?

3. What are Your Business Resources?


4.  You Need a Separate Work or Business Space

5.  
The Must Do Business Checklist

6.  Are You Prepared for a Home Business?

7.  What Are You Going to Sell?

8.  The Search for a Business Idea

9.   Explosive Growth on the Internet

10. Home Biz Ideas






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You Need a Separate Work or Business Space at Home

The best possible solution is to have a totally separate space just for your home business.  Sometimes that need is more symbolic than necessary.  It may just be necessary for you to be able to close the door to feel that the business is closed for the day or the weekend.  The worst place would be in a bedroom.  

Having a definite place does make a statement about the seriousness of your undertaking. The larger and more separate the space you can make available, the more functional it will be at dividing your business life from your home life. Over the long haul, this separation will benefit everyone living in the household.


Find Out How to Start Your Own Home Business


 

You need to assess the physical lay-out of your home:

Where could you conduct business?

Do you need to re-model or rearrange furniture?

How would these changes impact the family and the present use of the space?

Is your home really the best location for the business you have in mind?  Here are some possible advantages and disadvantages of a home base:

Advantages:

Low risk of expensive mistakes,

Use home resources for business,

Low overhead and operating costs,

Gradual start-up and growth,

No commuting time or expense,

Possible relocation to lower cost housing,

Tax advantages (with deductions allowed for part of the house)

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Disadvantages:

Isolation and lack of contact with co-workers.

Increased stress due to the difficulty of operating a business and home together,

Self discipline and the ability to plan and manage your time. 

By-laws and regulations affecting what you can and can't do at home.

Poor image (you may look more home-like than business-like).

Possible conflict with neighbours over noise, traffic, changed use of space, parking problems. 




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