Finding the Perfect Home for You and Your Business
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Although working from home can be convenient, not every house is suitable for both living and working. If you’re starting a home-based business, you may find that you need more space or privacy. It can be daunting to make big changes, but finding a home that better suits your needs could improve both your personal and professional lives. Tallman Segerson Builders invites you to read on for tips about how to navigate home buying, relocating, and starting a successful business at the same time.
Get real estate savvy
Buying a home can feel overwhelming, but a little research will go a long way in helping you hone in on what you want. In addition to learning more about the housing market in your area, research what your home office needs for your business to succeed. If you don’t have any luck finding a suitable space, consider hiring a building company such as Tallman Segerson to remodel a house or create a custom-built home.
Another option is to buy a foreclosed home. This can be a financially smart move if the house is in good shape. Just be sure that you read up on the benefits, limitations, and particulars of buying a foreclosed home. If you don’t mind the extra work, it can be a great way to afford your dream house.
Move like a pro
Once you’ve found the perfect property and you’re ready to make your move, you still have a lot of work ahead of you. Moving both a business and a family at the same is a lot to juggle. You can combat stress and delays by staying organized. Start by making lists, labeling, and creating storage solutions rather than dumping things into cardboard boxes at the last minute. Consider decluttering and donating unwanted items well before moving day.
Above all, give yourself plenty of time. Moving always seems to take longer than expected – anywhere from six to ten weeks. Start the process early, and consider time-saving strategies – such as hiring a moving company and a house cleaner. There are also moving mobile apps to help with time management, finding reputable movers, and creating inventory checklists.
Get your business ducks in a row
Beyond home buying and moving, you’ll also need to focus on how to successfully launch your business. If you’re a first-time entrepreneur, take advantage of free resources to help you develop your business plan, marketing strategy, and learn more about funding opportunities. The Small Business Administration provides guidance for entrepreneurs and can help you avoid common pitfalls.
You’ll also need to decide what structure makes the most sense for your small business. The best choice may be a limited liability company (LLC) because it protects your personal assets. In other words, your personal bank accounts, home, car, and other property cannot be seized to cover business debts. An LLC will also give you tax advantages and minimal paperwork. You can file a $49 CT LLC through a formation company online, which will save you the time, money, and energy of working with lawyers. Just be sure to research the regulations, because they vary from state to state.
Housing your personal and professional lives under the same roof doesn’t have to be a struggle. You can find a home that suits the needs of both your family and your business. Just be sure to do your real estate research, stay organized, and use the right resources to get your small business up and running. Once you’ve created the perfect set-up, both you and your business can thrive for years to come.
Does your house need to be remodeled or expanded to suit your needs? Visit Tallman Segerson to learn more about custom home renovation and building.