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When starting your own business, there is a mountain of things to think about from what your business will be, how many employees you need as well as where to even have your business – will you work from home? Will you share office space? Decisions decisions. Well here are a few tips on how to decide one of the most important factors when setting up your new business.
The Office Space
Getting yourself an office space will mean you’re away from the distractions of home life such as household tasks, kids, pets, and anything else that might take your attention away from your work. Going to an office also means that you have boundaries – a clear separation between work and home life. It says you can more easily leave the job at work than you can when you work from home. It’s also easier to set boundaries with family and friends, who may see an “office office” as more legitimate than a home office might seem.
When working in an office, it is far easier to work with your team. While many strategies and technologies make team building just as useful (if not more so) in the virtual space, it is still beneficial and valuable to have face to face meetings and to get people together in the same room. Having office space makes these meetings a lot easier.
Equally, if you need clients to come and visit you then having office space is almost a necessity to maintain professionalism and legitimacy. Get out and about and view Commercial Properties to see the options.
Working from Home
Now, working from home provides you with efficiency and means no commute. It gives you back time – an hour or two every single day. You can use that time for household tasks, reading up on your industry, and generally getting even more accomplished in your day. By the time most people are arriving at work, you could already get more done than most people achieve in an entire day.
Then there’s the money you save on travel or wear and tear on vehicles; you contribute to protecting the environment by not driving to work and ultimately saves you a lot more time. You’ll save on rent and extra services like Wifi, and you will also be entitled to deductions such as a portion of your mortgage, utilities, and technology services from your taxes.
Now while there are benefits to working in an office for the face to face meetings, you do need to ask yourself if you need them. In the digital age, you can use technology to communicate effectively. With video calls, conference calls and daily communication by email where you leave a digital paper trail, it is enormously helpful if you need to track down who said what and when.
Finally, productivity when working from home can be fantastic. With no coworkers down the hall or in the cubicle next door, you’ll be able to minimize a lot of distractions and interruptions in your workflow, making you able to do more in a shorter period.
Thanks for stopping by today, I hope you have found this post on where to set up your business helpful in your decision.
Check out my post on setting up your home office for tips!
*This is a collaborative post