One Move That Will Grow Your Business
If you’re starting a home-based business, you might need more space than your current home provides. If so, you’ll want to select a new home that both meets your growing business needs and suits your budget. If you’re selling your existing home, get it in great shape before you list it. Blueface Cleaning can help ensure your house is in picture-perfect condition. Here’s some additional info to keep in mind!
What to Look For
When looking at homes that will accommodate both your business and your family’s needs, you’ll need to take all factors into consideration. For your business, look for a property that has adequate private office space and enough storage to accommodate business products and supplies. According to Architectural Digest, your workspace should inspire productivity, so you might find it beneficial to look for a home with a private casita or attached apartment that you can designate strictly for business purposes. For your family, think about short- and long-term needs, particularly if your family is growing, or if you’re on the verge of becoming an empty-nester. If you have school-aged kids, finding a safe neighborhood with a good nearby school system will be important. An experienced real estate agent can then help you narrow your focus.
What’s Your Budget?
Before you fall in love with a house, it’s wise to know the value of your current home, as well as your budget for your new one. Also take into consideration your credit score, cash reserves, and debt-to-income ratio. A loan officer can help you assess your financial picture and help you explore different financing options that will best meet your needs. Being pre-approved can give you an edge when it comes to making an offer. Keep in mind, you can deduct qualifying business expenses, including mortgage interest and a portion of utilities, when you have a home office. This means you might actually be able to afford a little bigger house than you thought, once you factor in what those deductions mean to your bottom line.
Getting Ready to Sell
If you can manage the timing, it’s always best to move from one home directly into another without having to put your household in storage or stay in a short-term rental. That’s a frustrating situation that can be made even more stressful when you’re trying to run a business at the same time. Prepare your current home for market by cleaning top to bottom, making repairs where necessary, and giving the property some good curb appeal through cosmetic measures, like planting flowers or giving the house a fresh coat of paint. You might even pack up your personal belongings and “stage” the house like a model home. Most consumers search for new homes online, so you’ll want high-quality pictures to showcase your property and set it apart from the competition. You can find Photoshop editing professionals through online job platforms that can help. Weigh delivery time, cost, and availability before choosing someone.
Running Your Home-Based Business
Once you’re settled into your new home and have your business up-and-running, start employing some best practices around home-based operations. Strive to separate work and home as much as possible so you can enjoy a healthy work-life balance. This means establishing boundaries with both clients and family members. According to Money Crashers, it’s wise to set work hours and “do not disturb” time, schedule conference calls and client meetings around family needs, and remember to carve out time for yourself as well. Running a business from home can be stressful, but ensuring you have a solid business and marketing plan in place and managing your time carefully, you’ll be positioned for success.
Moving up to a larger home can be a smart choice for both your family and your growing business. Take your time to find the home that meets all of your needs, and reach out to qualified real estate experts for advice. Once you find the perfect house, get it move-in ready with Blueface Cleaning. The company’s Electrostatic Disinfecting Spray can help eliminate viruses, including COVID.
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