Having a home business can allow you a lot of freedom, and there’s no feeling quite like being your own boss. However, there comes a time in many home businesses when it’s time to move away from home to allow for more expansion. Is it time to move your business away from home? We explore this question in more detail below…
You Want To Grow Your Business
If you want to grow your business, a great way to do this can be to move away from home. Setting up your new business premises can allow for expansion and growth in many ways. Your business can appear more professional, you have room to hire staff, and you can purchase equipment that you may not have been able to purchase at home.
You’re Experiencing Interruptions At Home
Experiencing interruptions at home can be one of the biggest drawbacks of working there. If people are coming over to see you because they don’t believe that you’re actually doing any work, or you’re constantly answering the house phone to nuisance calls, it could be time to move away.
Make Sure You’re Ready For The Move
You need to be ready to move out of your home, as you don’t want to over stretch your business for the sake of appearing more professional. If you’re renting out office space to improve your credibility, you might be better off looking at a virtual office. Virtual offices still give you a professional address and telephone answering service, and you can even make use of meetings rooms.
Finding The Right Premises
If you’re still set on moving out and finding a new business premises, you’ll need to think of your client base, who you work with, and the sort of people you’re looking to hire. However, if you’re working with people who are scattered all over, you can usually get away with a business park or industrial estate for cheaper rates.
If you want to attract customers by having them walk in off the street, then you’re going to need a location that gets a lot of foot traffic. One important thing to note about having customers on your premises, is that it must be safe. Places like Allcott Commercial can check premises over so you feel more confident, and having insurance is recommended too. The last thing you want to do is put your customers or employees at risk. It could ruin your business reputation!
Things To Consider
There are a few things you’ll want to consider when you’re contemplating moving away from home, including:
- How many members of staff do you want to hire?
- Can you hire virtual staff members instead, such as a copywriter and a virtual assistant?
- What is your budget?
- How much will your overheads increase?
- Will the area be suitable for the work you do?
- Will it be easily accessible for customers and employees?
So, is it time to move your business away from home? Listen to your gut and you should know the answer