Should You Upsize Your Home to Start a Business?

Working from home has its perks and challenges. You get to eliminate the time-consuming commute to an office and you have more time with your family. However, you may have to deal with other distractions such as having a small, cluttered space or no home office at all. It's important to consider upsizing your home and setting up a comfortable home office to stay productive. You'll find tips on how to upgrade your home and manage a successful business in this article.

Take Care of the Legalities

Are you moving to Lakewood, CO? Don't forget to register your limited liability corporation business, or LLC, in the new location — or create one if you haven't already. If you want to avoid paying huge attorney fees, consider using a formation service or doing all the legwork yourself. States have different regulations, though, so research the rules for LLC formation in Colorado before starting the process.

Find Your New Home 

The first step to upsizing your home is to check your credit score and determine how much you can really afford. It's best to work with a trusted real estate agent knowledgeable about the local community to ensure you find the right home suitable for your needs. Look for a home with an extra bedroom that you can convert to a home office. Make an offer as soon as you get your pre-approval and shop for the best real estate mortgage right away. 

Don't forget to schedule a home inspection to ensure your new home has no major repair issues. Consider getting a homeowners insurance policy to help you cover damages to your home or loss of possessions. Make sure everything is good to go before closing the sale.

Set Up Your Home Office

You should have a dedicated workspace to separate your business from your home life. Buy an ergonomic chair and desk to help you stay comfortable while working. Invest in good lighting — it shouldn't be too bright or dim as that can cause eyestrain. Most importantly, choose a reliable internet service provider to reduce downtime.

Save Time With Outsourcing

Outsourcing some of your tasks can help you better focus on running your business. If you'd like to outsource, hire a business process outsourcing or BPO agency to find qualified virtual assistants and other professionals to help with your tasks. Choose a firm with years of experience in business process outsourcing and make sure they have a quality assurance team to ensure high-quality work. Don't forget to check reviews and compare pricing before hiring a BPO firm. 

Building a good team can contribute to business success. While skills matter, work ethic is just as important. Make sure to hire people who have both the right qualifications and the determination to work hard.

Move With Confidence

Working with the right real estate agent can help you find a bigger home with extra space to set up a comfortable home office. Your new business can thrive if you have a skilled team with the right work ethic and if you make the best use of your time by outsourcing certain work tasks. Visit BRC Real Estate for a list of beautiful and spacious homes in Lakewood, CO.

Article Submitted by: Alice Robertson at TidyHome