It’s not always compulsory to rent or lease office space to run a successful business, at least for certain types of businesses.
You can easily start and run a successful business from your home. Running a home-based business allows you to make profits without having to deal with the typical high overheads of traditional business settings. Long commutes are also avoided.
However, it's not always easy to run a successful small business from home. To run a successful home-based business requires strategy, commitment, and time. Here is how to go about it.
Put your “House” in Order
To stand any chance of success in running a business from home, you need to put your family life in order first. While working from home, you will soon discover that you have to work around the schedule of your family members most of the time.
If you’re single, you have less to worry about. However, if you’re married and have children, you have a lot of things to put in place first, especially if you are a mother.
Many women quit their job to start a business from home so that they can take care of their children and save on daycare expenses. In order to focus on work, you have to arrange for childcare, ideally, outside the home. The idea is to free you up to do serious work without distractions as you would have to do in a traditional office setting.
Create a Dedicated Office Space Within your Home
Working in your parlour or bedroom with house chores that need to be done staring at you is definitely not the most efficient way to run your business. It's important that you create a dedicated workspace inside your home.
You can convert an additional bedroom into a home office. Or, if you don't have a spare room, partition off a part of the dining area (or any other large space) where you can set up your office, computer, printer and whatever other devices you need. You may even be able to utilise your garage if there is an alternative area to keep your car.
Mixing your business equipment and supplies with the rest of your household belongings is not good for productivity. Creating a professionally fitted home office will pay off in the long run.
Guard Your Work Time
It can be easy to forget how many hours you actually work each week when you're working from home. You do not want to become an unhealthy workaholic on the job for longer than most people have office hours.
Shut down your computer at the end of the day, lock away your business phone in your dedicated home office such that you will no longer hear it ring. Also, keep your job and personal life apart. The idea is to protect your work time so that you can get work done but protect your private time as well.
Save on Monthly Costs by Using Free or Affordable Services
Working from home means you don't have to spend big on office space but that’s not the only way a home-based business owner can save money. For example, you can use Google Voice for a company phone line, Freshbooks for your bookkeeping, Wave to generate invoices, and so on.
There are free and low-cost tools out there which an entrepreneur working from home can use to run his/her business and save on monthly bills.
Eliminate Clutter and get your Home Office Organised
Mountains of work papers and items can create a clutter that affects your ability to work effectively. Get your home office organised by clearing any clutter so that you can focus on the task at hand.
You have several choices for disposing of items that are taking up space in your home office.
Recycle: recyclable bottles, plastics and paper can go directly into your recycling bin if you have a curbside collection. Otherwise, bring the recyclables in bags so you can move the garbage to the nearest recycling drop off location.
Rent a self-storage facility: This is an inexpensive, stress-free choice, particularly if you have a lot to get rid of or are throwing away larger household products. There are several reliable self-storage services you can make use of, such as Safestore Containers Onehunga.
Donate: In good condition, clothing, shoes, books, even rarely used appliances and other household items can be donated to several local charities.
Do Away With Distractions
During its infancy, the hard work you put into your business will decide its success. Therefore, it is of utmost importance that you use your waking hours to work.
It’s very easy to get distracted when working from home, especially when you don’t have clients to service – there is TV, a pile of laundry to attend to, and a myriad of other housekeeping chores.
Running a successful business from home required self-discipline, self-motivation, and focusing on your ultimate goals.
To achieve anything worthwhile in this life requires determination, dedication, discipline, and hard work, among other qualities. Running a small business from home is no different. Remember to always plan and follow a work schedule and look after your health.