Wednesday, July 16th, 2008
Last time we talked about working from home as a way to offset the rising costs of doing business. There are some negative factors to consider, too.
- Lack of social interaction - it’s not so easy to sit and talk with someone or bounce ideas off someone.
- Routine hours - unless you are careful you will usually find yourself working either several hours more each day or several hours less each day depending your work regimen.
- Motivation - you won’t have any external motivation to work, unless you routinely receive phone calls from customers or suppliers.
- External distractions - such things as children, home projects or spouses can create problems with “getting your work done.”
- Customers - you may not want a customer to come to you- that professional image; or be able to schedule a meeting that includes you, a customer, and a third party because of space limitations at home.
There are a lot more, but this will give you an idea.
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Posted in General Business, Home Based Business | No Comments »
Tuesday, June 17th, 2008
As the cost of fuel continues to skyrocket, working from home is one way of reducing your business costs. Thanks to technology, especially the internet, you can operate a competitive world wide business from home. While working from home will not be for everyone, it may be right for you.
Here’s some of the things you need to consider if you want to work from home, whether starting a business or working for someone else.
- Can I stay focused on business work?
- Do I have the self-discipline to maintain a work schedule?
- Can I deal with the loneliness of working from home?
- How productive can I be working from home?
- Am I a self-starter? Can I avoid procrastination?
- Does my home have the space for a business?
- Can I successfully run the business from home?
In addition to these questions you need to consider the legal requirements for working at home. Many of the same laws and regulations affecting other businesses apply to home based businesses as well, such as: zoning regulations, product restrictions, making of food and beverages, business licenses, state certificates and compliance with safety laws.
Working from home can be cost effective, cutting commuting costs, space leasing costs and more time to work on your business. However, there are downsides to consider – next time.
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Posted in Economy, General Business, Home Based Business, Technology | No Comments »
