Upsize Your Home For A Small Business

Upsize Your Home To Make Room For A Small Business Using These Tips

Buying a bigger home is a dream come true for many, but it can also be a challenging process if you’re unsure of how to get started. If you’re planning to start a home-based business and need more room to work in, upsizing is an essential move, but how do you get started? 

The home-buying process doesn’t have to be complicated. These days, there are plenty of resources available to help you find the perfect property as well as quite a few that can assist with setting up and running your business. Here are a few things you’ll need to plan for as you get started:

Do some research and figure out funding

Searching for the right home can take some time, so it’s a good idea to get started as soon as possible. Utilizing a real estate research site will allow you to search available properties according to the number of rooms and the price point you’re looking for. Researching the neighborhoods you’re interested in is also important, especially if your home-based business will need to have a local marketing strategy. 

This is also the time you should be thinking about how you’ll cover the downpayment and closing costs; if you’ll be going with a home loan, take a look at your options in the state you’re buying in and learn how much you’ll be required to put down. Getting pre-approved by your lender will help the buying process go much faster once you find the right place.

Set up your LLC according to state rules

Protecting your business as well as your personal assets is crucial as an entrepreneur, which is why forming an LLC can be extremely beneficial. Once you’ve found the perfect home and the details of the move are finalized, it’s important to make sure you understand exactly how to tackle the process of forming a business structure, especially if you’ll be moving to a different state since the rules vary according to the area you’re in. You can save a lot of time and money by hiring a formation service to take care of the paperwork when forming an LLC, and you’ll also rest easy knowing that a professional service is handling it all. 

Choose a custom designed home

During your search for a new home that can also serve your business needs you may decide that your needs can best be met by a custom home design. By having a home custom designed for you, you can ensure that you have all the features you want. If a custom home appeals to you, work with Robert Jordan to create the home of your dreams.

Create a stellar home office

Once you’re all moved into your new, bigger home, one of the first things you’ll need to do is set up a stellar home office. Depending on your type of business, you may require a large space with enough room to set up a worktable or an office with a separate area for inventory/supply storage. While your specific needs may vary, in general, most home offices need privacy, wifi and/or phone hookups, and lighting that allows you to work comfortably.

Work on a smart marketing plan

You’ve got the upsized home, the stellar office, and an LLC that will help keep your personal assets safe while providing tax benefits. What’s next? For any business owner, tackling a marketing strategy is an essential step in getting a successful venture up and running. 

When you own a home-based business, it’s especially important to make sure your customers can find and connect with you, so setting up a fantastic website is a priority. You’ll also want to create professional, well-maintained profiles on social media if you haven’t already done so. One creative way to connect with your customers on both is with an infographic. It’s a great way to communicate a lot of information in an interesting way. Instead of hiring a designer, you can save money by creating your infographic with a free online tool. You can use it to offer helpful information to your customers and educate them about your products or services.

Upsizing your home in order to start a business can be a daunting process. With some organization and the right resources, however, you can tackle both of these major life changes with ease and make your personal and professional dreams a reality.

Upsize Your Home For A Small Business by Tina Martin of Ideaspired.