Starting a business from your home sounds efficient, fun and easy but there are serious considerations that come with being a home-based business owner. Just as there are rewards to consider, there are risks and potential downfalls to weigh. Of course, not every business is well-suited for a home-based scenario. And not every person is suited to that either.
Why Starting a Home-Based Business Can Be Risky
Starting a business from your home can be a bit tricky, but there are questions that are provided to help get you started in considering whether your home is a candidate for starting your business. Being a home-based business owner there are so many factors to consider, balancing home life with work, making sure your home is able to accommodate all the necessities for your business. Business owners also need to make sure they carry the proper insurance. Below is a summary of the questions to ask. For details, check out this article from The Hartford.
- Is your home the best place to operate your business?
- How will you balance work and family life?
- How will you present yourself?
- Are there any local zoning ordinances that will affect your business?
- How will you protect yourself?
How We Can Help!
If you are newly working from home or a new home-based business, we are here to help with a number of solutions. We can work with you to design and build a business website, set up and link your business social media profiles and make sure they are working hard for you. In addition, we can make sure your network is secure.
Image: The Hartford