The Bases Aren’t Loaded! The Perks Of Running A Business Without A Base
There are so many things for a person in their 20’s to do before the 9 to 5 drudge gets them down completely! Or you could avoid that completely and start your own business. Don’t get me wrong, it’s very difficult when you first start out, but the freedom of working on your own time instead of clocking in and working to someone else’s deadlines can be a real pain. If you have started thinking about what you can do to earn money as a business, there are things you need to factor in. What sort of company are you planning on being? Are you going to have to employee people? Are you going to work out of your home? The last one is a must for many small businesses, but it also has many benefits going for it over the standard office setup. And when you get to the point that you are able to take on additional members of staff to help your burgeoning business, do you still want to be operating out of your home? Here are some pros and cons for you to be thinking about.
The Building Cost Is… Nothing!
Without paying out rent for an office or maintenance costs, or for health and safety equipment, you can plow the finances back into the business. While costs are reduced greatly, there are people that feel that they cannot work at home. The work/life balance can be blended together, and that isn’t healthy. Encourage a diversification in working locations, for example, a cafe, and hopefully, this will set the balance right.
You Can Communicate With Anyone… Anywhere!
With online communication just getting better and better, it is much easier to run a business from home. You can invest in VoIP phone systems or just use Skype if your computer can take the strain. But the more your business expands, the more people will be connecting to a cloud operating system, or you may need to invest in a server large enough to compute all the business processes. However, if you are working from your home computer and the internet is slow, or goes down, then you could be in trouble.
You Can Go To The Customers… Even To Their Front Door!
If you are not tied down anywhere, and you have spotted a gap in the market for you, then you can go to them! Depending on who your audience are, they may be of a certain age group and they would rather the personal touch over the internet any day, so you may want to invest in a mobile card payment device or a way to process checks, companies such as check o matic can keep your check supplies ample. But it is the credo of business, go where the money is. And if that means physically going door to door, then so be it.
Payment Online Is Much More Secure Than Ever Before
Now with higher security measures and the shift in purchasing methods leaning very much on the online approach, you can take payments very easily from a home run business.
Whatever your approach is to running a business, if you are able to run one at home, there are many pros and cons to it. So think on before you put your feet up on the couch and open the laptop for a long day’s work, would you do that in an office?!