Starting a home-based business is challenging enough. You’re trying to get all your ducks in a row financially and legally, plus you need to think about things like outreach and networking. Add to that the challenges involved with finding a home and moving, and things can get downright overwhelming.
Almost Home Real Estate Services can help you make this startup phase easier, beginning with the following tips:
Get Everything Squared Away With Your Business
Before you can figure out what you need to look for in a new home, you must have a firm plan for your business. Start by writing a business plan, which WeWork explains will be a rudder as you make decisions and achieve your goals.
Make sure you have all the legalities squared away, such as applying for any business licenses, registering your business name and choosing a business structure. Most home-based businesses are operated as either sole proprietorships or limited liability companies.
BFS Capital explains the main benefits of an LLC are liability protection for your personal assets, tax savings and flexibility for growth. Familiarize yourself with the laws in your state in regards to this business structure; you can make sure your business is compliant and avoid lawyer’s fees by using a formation service to set up your LLC.
We expanded our business to Florida experiencing the hurdles a small business experiences. Let us help your move.~Michelle Richard Broker/Owner Click To TweetBudget, Planning and Strategies
Planning is integral to businesses in many ways, and it’s also a big part of house hunting. Start by calculating how much you can afford to spend to purchase your new home and how much you need to get your business off the ground. Then get a feel for what the market is like in the area you’re considering.
For instance, homes in Cape Coral typically sell in about 20 days, while hot properties go pending in just 5 days. This indicates that if you find a property that meets your needs well, you need to act quickly!
Connecting with a professional real estate agent can make all the difference. You can look to them to keep you abreast of newly available homes so you don’t miss out on “the one” while you’re trying to balance your responsibilities.
Determine What Your House Has To Have
Make a list of all the features your house must have and make a list of key points.
- How many bedrooms and bathrooms does your family need?
- What about closet and storage space?
- Do you need a garage and/or workshop/storage building?
- How much space is necessary to set up your office?
- Will your home have any other areas dedicated to business use?
Once you have your must-haves figured out, you can create a list of nice-to-haves, if you have any budget left over.
Prepare for Moving
Your business is ready to roll. You’ve got your budget. You have selected your priorities and given them to your real estate agent. Now you just need to organize your plan of attack for the move.
This phase can be surprisingly simple if you farm some tasks out. For instance, if you’re not sure how to set up a temporary workspace to tide you over until you’re in your permanent digs, a professional organizer can help. Another option is to play with some sketches online, thinking through how you can streamline your processes and meshing it with the layout of your available space.
The other professional you could turn to is a full-service moving company. These pros can help you with the whole physical moving process if you want—from packing your belongings to assembling and setting up the furniture in your new house, and everything in between. Of course, you can hire them for just a part of the process, too, and enlist family and friends for other parts.
The key is to avoid trying to do everything since you already have so much on your plate. Setting up a new business and finding a new home can be a lengthy process. However, putting the initial work in helps ensure that you find a home that you will enjoy living in and that will accommodate your business goals for years to come.
Turn to Almost Home Real Estate Services for more information on how they can help you find the ideal place for your personal and business needs.
Written by Guest Author: Suzie Wilson
My mission with Happier Home is to offer you insight into how to turn your home into a sanctuary that you’ll not only be happy to come home to, but will actually make you feel better when you’re there. As I’ve always said, “There’s no place like a Happier Home!” If you think there is room for improvement — I’m here to help!
Nice breakdown here Suzie. We did not move to a new home but sold the house last July. Even that end of the deal was quite challenging with all twists, turns and learning, it being a new experience for us.
Ryan
Thanks for reading Ryan. There’s always a twist and a turn that can catch you off guard which is why it’s so important to use a Professional Realtor to help take some of the stress out of the move. I wish you well in your new home.