Many entrepreneurs start their businesses from home. From a laptop on a kitchen table, after the day job has been done or kids are in bed, budding business owners are starting out on their business journeys. But when is it time to move out of your home office?
The home office can be a great way to run your business cost effectively. Yes you may need to invest in a proper desk, chair and basic office equipment, but you don’t have to worry about covering the cost of rent each month. You can even claim tax relief on the expenses of working from home.
But as your business grows there can be a number of reasons why you may need to consider branching out into the outside world. If you need to take on staff, you might not want them coming into your home. You might be unsure about the health and safety and insurance implications. You may be finding it difficult to manage the boundaries between business and family life, if your business is taking up more and more space in your home, or time in your life. You may feel that you need to have a ‘shop front’ or meeting space to entertain clients, but your home just doesn’t portray the image you are aiming to deliver.
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