According to the U.S Bureau of Labor Statistics, around eight million business people are working from home at the moment. Keeping a home office is becoming an increasingly typical career choice for modern employees too.
The trend is all the rage now, particularly, because it provides more pros than cons.
Besides being close to the family, and taking an active role in raising children, working from home gives people more freedom. They can avoid waking up so early to get ready for work, keep away from terrible traffic jams and save a lot of money on car fuel and bus fare.
Additionally, those who create a home office don’t have to share a timetable with anyone. So they are able to work much more flexible and productively than the way they do in a typical office.
Above all, people can work in their pajamas and stop buying expensive work suits. Generally, working from home will greatly save your time and money. But in order to succeed, you need to be organized, focused and serious. Here are 4 tips to get you started.
#1 Start a business that could interest you
If you use your house as a place of business, you will enjoy certain tax advantages. First, you can deduct a portion of your operating costs and depreciation expenses on your residence.
In short, various costs are deductible: depreciation, property taxes, mortgage payments, insurance, utility bills and household maintenance costs. Moreover, you can be permitted to subtract expenses from using your personal vehicle for business. To learn more, consult a professional accountant.
Another point is that you need to research your business idea thoroughly. Try to start a home-based business that could pick up fast. For instance, you can buy and sell baby hair accessories like hair clips and bows.
A business that has to do with kids’ stuff will hardly lack sales as parents think about the children first. Furthermore, you can sell your goods online and offline.
#2 Create a comfortable work environment
Even if working at home gives you the personal freedom and total control over your life, be careful how you handle all this.
As there are no supervisors who will be watching you, no corporate culture to comply with and no difficult work schedules to follow, you can easily get complacent. Besides, you will be around your kids who could be too little to understand that you trying to earn a living. Thus, your first goal should be to create a suitable work environment to occupy all day long.
Ensure that your new office is comfortable, attractive, quiet and big enough for your needs. Your office should be in the quiet and private area of your home to avoid constant disturbance.
#3 Revisit your time management skills
There is one bad thing that having the comfort and convenience of working at your residence can do to you. You can mismanage your time and postpone most of your daily chores.
This is exactly the reason why your employer creates a schedule for every employee to follow. A timetable tells you what to do and when to do it. If you want to do well in your home business, create a schedule that you can follow on a daily basis to avoid wasting time.
#4 Have discipline and determination
As a sole proprietor working at home, you should be ready of becoming everything for your new business. As your starting capital might be too small to let you employ, you have to begin as everything: bookkeeper, marketer, manager, customer care rep, accountant and so on.
To avoid getting overwhelmed and bored, you should have discipline and determination. You can create a schedule, yes, but without enough discipline and determination, you cannot follow it. Being disciplined also means that you can tackle your responsibilities without failure.
In the end...
Working at home will reduce your overheads and unlock your personal time. So, use your freed time and money to seek new business opportunities and to provide excellent quality products or services to attract and keep customers.
ABOUT THE EXPERT
Felicia Hines is a passionate writer with the mission to impart the good examples of parenthood learned from the loving family she grew up with. She is also a lover of https://www.babywisp.com, a site always aspiring to amaze families with everything they have to offer.