Last Updated: 11/5/2021
Hi ladies and gents,
So, as it turns out, the end of October 2021 seems like it was actually not the ideal time for me to bring Andreas Philip Gross Enterprises back online, ha, ha! From the zany happenings at my "day job," to the sobering reality of a recent death in the family last weekend (and subsequent funeral two days ago), these past three weeks have been a little more "one thing after the next" than is usual and customary for me (and my usual and customary load of "one thing after the next" is normally quite large)! But enough of that for now! Life takes its turns here and there, and I will comment more on exactly what has been going on in my life these past few weeks this upcoming Monday when I get back on to my regular Monday/Thursday posting schedule. For today, I have promised a contact of mine, fellow webmaster Megan Cooper, that I would run this wonderful home business house hunting article of hers here on Andreas Philip Gross Enterprises for a while now...so without any further adieu, are you an entrepreneur, freelancer, or small business owner who operates out of your home? And have you ever been in the situation where you needed to renovate or even move homes in order to get the perfect home business setup up and running? Today we have an article from Megan Cooper, founder of www.RealLifeHome.net, to help shed some light on these matters...
Image via Unsplash
Home-based businesses are undoubtedly the trend these days for small businesses that don't require much space. And with the threat of the pandemic still looming large, a home-based business is the ideal way to stay put and stay safe while still earning an income at the same time. But for many, an average home office doesn't usually come with all the amenities (or space) you need to see your business thrive, which could lead you to inevitably consider moving your 'headquarters' into something that will house your flourishing home-based business accordingly. That said, this article and others here on Andreas Philip Gross Enterprises, share some tips for finding that ideal space for both you AND your new home-based business.
Narrowing down your options
When on the search for a new home, there is plenty to consider. And if your new home is also going to be your new place of business, this will be something else to consider too. A realtor can often (not always) help you narrow down the best space for you and your business and guide you on the buying process.
However, finding your dream place may not always be possible, especially if your business requires additional amenities and modifications to operate efficiently. In these rare circumstances, you could also enlist the assistance of an architect or designer to custom-build the ideal space for you.
When finances are holding you back
There is also another more cost-effective alternative to securing a property if you happen to find yourself a bit cash-strapped in the moving process, known as an as-is property. Buying a home 'as is' is one way to save money. You could even end up saving more than you had initially planned, with a quick sale usually top of mind for sellers looking to close the deal fast.
As-is properties can be risky, though, as you are buying a property unaware of any pitfalls that might exist. A lawyer can help you navigate the risks associated with as-is properties. But you should also do diligent research on your part to ensure that there aren't any obvious and glaringly bright red flags that may otherwise point you in the other direction.
Logistically, moving house and business will require careful planning and the services of a reputable moving company to ensure your goods are delivered in their original condition. This is an even more important consideration should you need to transport expensive office equipment and furniture safely.
Setting up shop
Suppose you've found the ideal space and have everything to set up shop; there are a few things you may want to consider, especially when running your business from home. These include:
● The first step in getting a license for your business is deciding on the type of business you want to register as. An LLC is a good option for home-based businesses, as it is simple to form and has many benefits for small business owners just starting out. Some of these benefits include reduced tax deductions, less paperwork, more flexibility to change the business's structure in the future, and limited liability to protect your own assets. In addition, a formation service can help you get to grips with all the legalities required to form an LLC and is often cheaper than enlisting the services of a lawyer to do the same. Also important to note is that an LLC has different requirements depending on the state you're in.
● Other startup considerations can also include enlisting the help of a bookkeeper or accountant to oversee your business finances, having the necessary insurance in place, setting up your home office as well as taking privacy and security into consideration.
In summary, starting a home-based business while moving is not exactly easy, but it is certainly manageable. But besides that, it could actually be double the excitement and double the reward if you manage to do it right!
Article by guest writer Megan Cooper, founder of Real Life Home (www.RealLifeHome.net)
Thanks, Megan! Some great advice that all of us running or looking to open a home-based business can benefit from! And on that note, I'll see you next time here on Andreas Philip Gross Enterprises, dear readers! On Monday, November 8th, I plan to be back on track to keep moving forward with regular Monday and Thursday posts.
Until next time – better life, better business, better you!
Ideas, inspiration, opportunity,
Andreas Philip Gross Enterprises
Washington State Certified K-8 Educator, K-12 International Education Consultant, Professional Coach, Proofreader/Editor, Affiliate Marketer, Popsicle Stick Crafter, Print-on-Demand Products Designer, and Webmaster (check out: www.cityofpullmanportal.com, www.949crafts.com)
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