How to Upsize Your Home to Start a Successful Business

How to Up-size Your Home to Start a Successful Business

Launching a home-based business can be a great way to achieve your entrepreneurial dreams. But before you dive in, there are a few things worth considering — namely, finding the right home to accommodate both your personal and professional needs. Even if your current home feels big enough now, a business that requires inventory or client meetings could quickly make your space feel less accommodating. Upsizing your home to start your business can be quite an undertaking, but this guide shared by Darla Newton can walk you through the process so you can get the ball rolling.

Compare Prices Across Neighborhoods

The first step to upsizing your home is doing your research . You need to have a clear understanding of what homes in your area are selling so you can budget accordingly. A quick search will give you an idea of what kind of prices you’re dealing with. Once you have a ballpark number in mind, you can start saving up for your down payment.

Find the Ideal Home

When you’re running a business out of your home, it’s important to have enough space to accommodate both your personal and professional needs. If you plan to see clients in your home office, for instance, you’ll need to make sure you have a separate entrance and waiting area. You’ll also want to make sure that your new home has enough bedrooms and bathrooms for your family, plus any additional office space you might need.

Opt for a Move-In Ready Home

When you’re running a business, the last thing you want is a money pit of a house that’s constantly needing repairs. That’s why it’s that find a low maintenance home that won’t require much upkeep. Look for features like wood floors and stainless steel appliances; materials that are easy to clean and won’t show wear and tear as easily.

Understand the Zoning Laws

Before you start looking at homes, it’s important to understand the zoning laws in your area. These laws will dictate what types of businesses are allowed to operate out of residential areas. In some cases, you might need to apply for a special permit to run your business out of your home. It’s best to consult with an attorney or zoning specialist before making any decisions about where to buy property, though your real estate agent may be able to help as well.

Set Up Your LLC

Once you find the perfect property and gather all the necessary permits, it’s time to register your LLC with the state. You can save money by filing on your own or using a formation service. However, before you do, make sure you’re familiar with the rules and regulations of forming an LLC in your state.

Knowing these regulations beforehand can save you time and money in the long run.

Conquer Marketing with Infographics

Starting your own home-based business is an exciting journey, but it’s important to take the time to settle in and make sure that you have taken care of all the essentials. This includes things like designing a website, setting up social media profiles, creating marketing materials, and getting organized.  When looking for quick ways to get your marketing started, consider adding infographics to your website. Infographics are another great marketing tool, and they help establish credibility with potential customers, as well as make complex topics easier to understand. Infographics can also be used across multiple platforms, including social media and websites, for maximum reach.
Here’s a possible solution if you want to tackle infographic creation yourself.

Buying a new home is a big decision — especially when you’re doing it in conjunction with starting a business. However, by following these simple tips, you can find the perfect property to accommodate both your personal and professional needs. And once you’ve found the right place, all that’s left is
turning your entrepreneurial dreams into reality.

Regardless of whether you’re buying or selling a home Darla Newton is here to help. Get in touch with her by calling 719-293-7766.

Article written by: Andrea Needham – [email protected]