A home office is a key component of any small business. Whether you work from your home full-time or just on occasion, an office space can help you feel more productive and inspired. It’s also the perfect opportunity to personalize your space and make it uniquely yours!
But transforming your house into an office is tricky – there are so many factors to consider. Do you have enough room? How do you set up a desk? What type of furniture will best suit your needs? The Dwight Price Group presents some answers to these questions and more as we walk through three different ways to create a home office and cover some important business responsibilities.
Beginning steps for a new business
Starting a new business will require some important steps. First, create an LLC and register your company name with the Secretary of State in your state. Zenbusiness is a cost-effective and expert service that can do the legwork for you — and it’s received excellent reviews from clients. After that, request an EIN from the federal government, which helps when filing taxes, as well as completing all corporate structure details on behalf of your business.
Next, set up a business account for your LLC or small company. If you’re going to be taking payment through this account, it’s important for accounting purposes and will keep things organized so that when tax season comes around, everything is in order. Lastly, consider trademarking your name and logos. The cost can seem high at first, but over time, this will pay for itself.
Your Choices for a New Home Office Setup
Purchase a home that has a home office: Before you actually purchase a home, it’s important to determine whether or not the space will be able to accommodate your business needs. In today’s expensive market, many buyers are buying “as-is.” Be sure you know what you’re taking on if you agree to buy an as-is house. These types of homes may provide the potential for a great deal, but they also provide the potential for increased risk.
Build a home office in your current house: If you already own your home, but don’t have a room that is adequately sized for a business office, it may be time to consider remodeling the space. You don’t necessarily need to build an entirely new room for your home office either. You can repurpose an existing room, knock down a wall between rooms, or add a new wall.
Make your current home office like new: If you already have a home office, you can simply update the equipment, furniture, and appearance. For a desk, consider purchasing or building a new one that is ergonomically correct for your body type. Chairs are essential, too, and don’t forget the accessories! Quality pens and stationery can truly make an office complete. Make sure you also have all of the necessary technology for your business to run smoothly – wifi, good lighting, and more.
If you’re a small business owner looking for the perfect home office space, consider the above mentioned options. If you’re buying, make sure to take some necessary steps early on to ensure you get the financing you need. No matter which option you choose, it’s important not only to think about how much space will be available and what type of furniture would best suit your needs best, but also other things like wifi access, lighting, and more. All of these factors should be considered when setting up your work-from-home environment so that you have everything necessary for success!
The Dwight Price Group can help you find the right home at the right price. Call us today at 888-SOLD.