Who wouldn’t want to run a business from the comfort of their own home? Lounging on your sofa in pajamas to answer emails and fulfill orders sounds a lot more fun that sitting in an uncomfortable office chair wearing business attire. But if running a business from home were as easy as it sounds, more people would be doing it. It’s not the right decision for everyone, but it may be a good choice for you. Read on to figure out if it’s a good idea for you to run your business from your home.
Check Your Personality
First and foremost, figure out if your personality is one that would function well working at home. Do you have trouble getting work done with the distraction of the phone, your pets, and your neighbors? Are you able to focus and get things done, or do you tend to procrastinate if you’re too comfortable? Make sure your personality is one that fits with a stay-at-home business owner.
Don’t Hide It
If you do run your business from home, don’t be ashamed of that. Many customers love to support small businesses that are home-based. Moreover, being honest about your company will allow your authenticity to shine through. Don’t feel the need to hide who you are from your customers or potential investors.
Don’t Kid Yourself
Is your inventory flooding your garage and cluttering up the living room? Are the phone calls from would-be customers constantly waking you up at night? If your business is getting to that level when working from home just doesn’t make sense anymore, it’s better to consider renting out an office space and getting some employees to help you out. Forcing yourself to deal with headaches day in and day out, just so you can keep operating from home, won’t do your business any favors.
Keep Your Family Separate
Unless you and your spouse run the business from home together, it’s best to keep children, pets, and spouse away from your home office. Don’t try to get work done while watching TV with your family or playing with your kid. Instead, designate certain hours for “work time” and certain hours for “family time.” Having the discipline to keep a work-life balance is very tough as an entrepreneur, but once you’re able to get into a routine, it’ll be much easier to maintain.
As a stay-at-home entrepreneur, you’re pretty much running the show. No one is reminding you of the tasks you need to get done, and no one will let you know if you forgot something. Keep a checklist of all the things you have to do to make sure you get to everything. Have the discipline to maintain a healthy lifestyle as well, waking up and sleeping at the same time every day and getting in exercise.
Running a business from home can save you all kinds of money in the long run and help you maintain total control of your business’s operations. Just be prepared for what it really means to run a home-based business before you’re in too deep. If you find yourself ready to expand beyond your home office, Biz2Credit can help you secure the financing that you will need. Visit www.biz2credit.com.