Many entrepreneurs preparing to start a home business realize their current home is not going to work. Maybe the location is not ideal or there simply is not enough square footage. Perhaps the layout will not accommodate your business needs. Whatever the case, it’s essential to have a home that allows your company to succeed and your family to live happily. Here are four must-do’s to keep in mind as you prepare for buying a new home and starting your business!
1. Prepare for Your Home Purchase
Once you know you're going to move, it's never too early to start preparing for your next home purchase. Before you start researching the market for homes that will accommodate your business and family, be sure to estimate what type of mortgage payment you can comfortably afford. Then, seek pre-approval for a loan, which will give you a more accurate idea of the mortgage you will be eligible for.
You will also want to find an experienced real estate agent who knows the area. Then, you will be ready to search online for potential homes with your agent by your side.
2. Make a List of Your Needs
As you look for homes, list all your must-haves. For example, what type of space and square footage do you need? Consider that you will need to work and live comfortably in the same place. You also need to determine how large your office needs to be and whether you will need to make room for employee workspaces.
Consider the location as well. Research the zoning laws of any city or county you are considering starting your home business and whether you will need to obtain a permit or variance.
Moreover, if you ever need to hire on-site employees or meet with clients in your home office, you may need to have a separate entrance. You should also consider creating a waiting room for guests, which will require a significant amount of space.
3. Find a Moving Company
Finding a good real estate agent will do wonders for relieving stress and helping you make decisions during the home-buying process. But if you want to save yourself even more stress and have more time to use on starting your company and handling other obligations, hire a professional moving company.
Some movers will even pack up your belongings before loading them on the truck, transporting them, and unloading them at your new place. However, be wary of moving scams. Don't consider hiring someone unless they insist on an in-home inspection, and read plenty of customer reviews before deciding.
4. Set Up Your Business for Success
Finally, keep your business a priority as you transition into this next chapter. Be sure to handle any legal duties, such as obtaining licenses and establishing a business structure. Also, put together a solid business plan and start looking for funding.
One of your most important tasks will be to create a top-notch website that helps your company stand out from day one. Your site should be:
● Easy to use and navigate
● Informative to your target audience
● SEO optimized
While there are many other factors involved in creating an impactful site, these are some great characteristics to focus on in the beginning. If you have minimal web design and development experience, you may find it worth hiring a reputable professional like Website Designer Wix to handle the legwork!
If you want to get the most from your home business, you must live somewhere that meets the needs of your company and family. Launching a business while moving homes will be a lot of work, but as long as you prepare and follow the tips above, you can set yourself up for success. Keep researching other ways you can flourish as a home business owner, and learn as much as possible on your journey!
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