3 Questions To Ask When Starting A Home Business

By November 6, 2017The Latest
3 Questions To Ask When Starting A Home Business

Working from home is one thing, but what if you plan on going into business for yourself?  There are plenty of things you can do these days without having to work for someone else, and rather than get a downtown office or a workshop space you can run your self-owned business out of your own home.  But before you decide to become a home business owner, you should ask yourself a few important questions.

1. What Kind Of Business Am I Running?

For some home businesses, most customer interactions take place online.  Someone commissions your writing, your art, or your craft projects through your website or social networks, you ship it out online or through the mail, and none of your neighbors know what your job is.

Other careers can demand bringing clients to your home.  Psychiatrists and other medical professionals will sometimes work out of large houses because the homey atmosphere puts patients at ease.  If your clients and customers will see the inside of your house, you have to make sure it’s as presentable as possible.

You can also run certain jobs out of your house by creating your own workshop.  When that’s the case, you should remember to make sure you have enough space to convert into a workshop, and that the workspace will have the ventilation and safety equipment you’ll need.

2. Is My Home Zoned For My Business?

Loud machines running day and night can be disruptive in a residential neighborhood.  Dozens of people coming and going are disruptive, too, especially if there’s no parking lot nearby for all their cars.  Different cities and towns have different rules about which businesses you can run out of a neighborhood home, and it pays to know what you can do before you start spending money on filing paperwork.

3. Is My Online Connection Good Enough?

Not every home business demands a strong online connection, but a strong business internet connection can be a big help for a lot of them.  Even if your job isn’t making and uploading a lot of high-definition videos, creating professional-quality videos can help spark interest in your company, plus other jobs can benefit from having a consistently strong online connection.

The key difference between most home internet and business internet connections is the fact that business internet lines are symmetrical.  This means the upload speed and download speed are the same.  For home connections, internet providers usually dedicate most of the connection to downloading, since until recently home internet users didn’t have too much to upload.  That’s why it’s a good idea to find an internet provider that can give you a fiber connection with gigabit speeds and symmetric service.

Running a business from home is a lot of work, but it can be very rewarding.  Just make sure you know what you’re in for before you get started.