The improvements in technology, especially those pertaining to communication, have made things much easier for small businesses. A lot of small businesses have no need for traditional office infrastructure at all and can be run entirely from home.
When this is the case, it’s important to stay mindful of the fact that a home is also a place of business and that it needs to be used in a professional and organized manner. It’s quite possible to do so without sacrificing your privacy, if you have clear rules and boundaries for both home and professional life.
Starting and running a business usually requires a lot of diverse talents and it’s basically impossible for one person to do it on their own. There are professional skills and knowledge that a small business owner needs to find outside of the office in order to work.
The first of these to hire is a financial advisor. The most difficult part of setting up a home-based business will be dealing with taxes. In order to manage this successfully - it’s best to let a professional do it. This may be an additional expense since Sydney financial advisors tend to be rather expensive, but it will pay off in the long-run.
When you’re working from home, the most important asset you need to manage is yourself. To be more specific, you’ll have to manage your time, since there are no restrictions and no one to tell you how to do your job.
This may seem simple, but it’s often something that small business owners struggle with the most. Your day should be clearly structured in a way that separates office hours and personal life and it’s best if you’re strict about taking time off and handling procrastination.
Setting up a communication center in your home is one of the most important accommodations you’ll have to make. Businesses are usually located in the center of the action, but for a home office you’ll need to work on connecting yourself with the rest of the business community.
Start by creating an ADSL and phone line that are separate from your personal phone. A skilful electrician from Sydney could do this in a matter of hours, so make sure everything is set up before you hit the ground running.
Running a business can be tough, but most of the time, someone has been there before and you can learn from that. It’s useful to be a part of (or create) a network of home-based businesses. That will allow you to exchange advice and experience and find employees that need to be hired from the outside.
This sort of networking also helps a lot with getting access to better loans with smaller rates and more leniency. This is something small businesses can’t count on and the only way to achieve it without offices as collateral is to work together.
There are a lot of rules that you need to impose on yourself in order to run a home-based business as efficiently as you would a company that relies on a larger infrastructure. However, there are also a lot of perks created by this setup and you shouldn’t feel guilty about using them whenever you can.
Structure your day in a way that makes you more comfortable, there’s nothing wrong with starting work at 10 AM if you can finish your obligations on time. It’s also fine to take more breaks and have longer vacations – otherwise, what’s the point of working hard?
A home office can be as productive and organized as a corporate one. The key is to use all the tech that can help with that and to have rules that you stick with.