Run Your Business from a Brand-New Home Office: 3 Solutions
Working at home has driven plenty of small business owners to desperation lately. Make-do workstations in the kitchen and video calls from the most spacious closet in the house are becoming commonplace. If you’re looking for a way to make your home work area more habitable – or you don’t have an office at all – check out these three solutions.
Do a Design Overhaul
Maybe you already have a home office, but it’s not the inspiring, creative space a budding entrepreneur needs. In that case, a redesign may be all you need to go from a boring spare bedroom to a business-ready corner office.
Decluttering an extra room or oversized closet could be the ideal solution to your work-from-home woes. Adding an ergonomic desk to the space is an excellent start, or you can modify an existing desk with a stand-up desk converter.
Then it’s time to address décor. Elle Décor recommends a work-specific color palette, adjustable lighting and seating, and a minimalist approach to heighten productivity and creativity.
You’ll also want to consider equipment upgrades to help your business operate smoothly. For example, investing in a new laptop or tablet is ideal for getting serious about your company’s success. With online deals and discounts, you can find plenty of popular brands that fit your budget and your organizational needs.
Go From the Ground Up
For homeowners whose home offices are nonexistent, renovations could offer the solution you need to start working more efficiently. Whether you build up, out, or in any other direction, renovating is one option for making a working spot you can actually work with.
You’ll find plenty of creative ideas for adding square footage to your home. Options range from building out a basement office to creating a bump-out that adds a much-needed expansion to an existing room.
As a bonus, you may be able to write off your home renovations if they specifically relate to your business, notes The Nest. At the same time, you’ll need to ensure that you cover all your bases with regards to paperwork. Establishing your brand as an LLC is a smart start, for example.
Filing as a Texas LLC is ideal when you launch your business because it protects your assets, reduces your liability as the owner, and means more tax advantages come April. Skip using a lawyer (and the high bill that comes with them) and self-file or use a formation service for speedy and cost-effective filing.
Invest in Your Business and Personal Future
Ultimately, if your home (or rental) isn’t up to par in terms of the home office offerings, buying property might resolve all your challenges. Purchasing a new house means you can outline the must-haves for your living space and pick the perfect home to suit.
Plus, now may be an advantageous time to enter the real estate market. Depending on your current expenses whilerenting, owning a home may be cheaper and afford you a larger home plus office space.
There are some considerations to go over before you start shopping for property, however. For example, you’ll need to calculate the mortgage you can afford for your new place. From there, you’ll need to gather paperwork – including tax returns and bank statements – to prepare for your application.
Once you have a pre-approval in hand, it’s time to start scoping out properties that fit your budget, lifestyle, and business needs.
Having a productive and functional office area is essential for running your business from home. Once you create the ideal workspace for your daily tasks, you’ll feel that much more empowered when Monday rolls around. If you’re ready to start shopping for a new house with plenty of room for an office, contact R. Alexa Real Estate Group today.
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