Renting An Office Space
Topics: office space, renting, office, work from home, online business, home office, rented office, insurance, rent
Not all businesses require a storefront but every business does require an office, even those run by one or two people who conduct the majority of their business either online or at customers locations. While there are many arguments made in favor of renting an office space, usually by real estate agents handling the rent, they often ignore the three main reasons that renting an office space is a bad idea.
First of all is the cost. An office in the home can be carved out of your current digs and except perhaps the cost of an extra phone or fax line, you already have the space available. Second is the need to travel to work everyday. While a home office can be stingy with space, there is no daily commute. Lastly, when you are out visiting customers, potential business will not be turned away when they arrive at your rented office and find no one there.
Unless your business requires a showroom or is retail based, you probably have no real reason when starting out to consider renting office space. Even with a few employees, the work can be done at home through telecommuting and many people enjoy that type of arrangement. The costs of office space goes beyond the monthly rent as you will be paying utilities, liability insurance and security. Moving all of your equipment into the new space will take time and money and then there is the subject of the rental terms.
Few office spaces are rented on a month to month contract and regardless of the condition of your business finances the rent will be due. While it may give your ego a boost to have your own office, it can also put a huge dent in your wallet if the business does not require a separate space. Working from your home has many pitfalls such as constant interruptions by family and friends as well as the need to keep up with the laundry and housework.
It takes a large amount of self discipline to realize you are at work when working in your home office. However, being able to get up in the morning, dress for work and walk across the hall to your home office can save gas and frustration from the daily commute. If all of your work can be done from home, you may even consider whether you really need a vehicle and its monthly payment and insurance costs. If another member of the household has a vehicle you can use when needed, the second car would only be necessary if driving to the rented office space.
When you hang a shingle over a door people assume you are open for business. In the middle of the day if you are unavailable they may assume you went out of business. However, being accessible by phone, fax or email your customers know how to reach you and when you are working.
Obinna Heche:
Delivering the best home based business ideas and opportunities so you can work at home successfully..
Previous Articles Highlighter:
Starting A Home Based Internet Business (1)
Your customers expect you to have the latest equipment that is on the market and if you do not, they will go elsewhere. Things such as waiting until the software is tried and tested on the market is no longer an option except when it comes to your personal choices.
Making Your Business A Success (2)
There is an old belief in the business world that if you think you are going to fail, you will. The opposite is also true in that if you believe you can be a success in your business, you will be a success.
Turn Your Hobby Into A Business (3)
One example of using your entrepreneurial spirit is to keep an eye on special events in your community. You will have to be proactive on this but designing an article of clothing specific to an event, such as a community talent show, can lead to sales if you offer to provide t-shirts with the talent show logo and motto for the participants in the show.
Home Business Mentoring (4)
You have to learn to ignore the little tasks around the house during the hours that you set aside as working hours. Additionally, you have to teach other family members and your friends that your home business is your source of income and constant interruptions in your conducting business can mean interruptions in earning your living.
Are You A Workaholic? (5)
If you find yourself constantly thinking about work, then you may need to change the way you approach your work so you can relax and reduce the stress in your life.
Giving Your Kids A Job (6)
Remember that no matter how responsible your kids seem to be, they are still kids and because kids are going to be kids, things are going to happen that you might not have any control over.
How To Create A Business Budget (7)
The next thing that you have to do is to decide how much you are going to need to bring in to meet these costs. Then, you can set a reasonable price per unit or service and the amount of products or services you plan on selling each year.
Addressing A Business Audience (8)
Worse, the first one to exit might actually set off somewhat of a mass exodus by those who were too polite to be the first one to leave. Appreciate the opportunity and prepare fo some more.
Guides To A Successful Home Business (9)
You have to treat the area of your home in which you operate your business as an outside work zone. When you were working for someone else at their place of business, family and friends could not stop by and chat at any time they chose and working from home should be no different.
Building A Successful Marketing Network (10)
Successful business marketing and profitability will rely on your inborn talents to focus on the right aspect of the majority of your attention while paying merely adequate attention to the rest of the business.
Newer Articles Highlighter:
Home Business Benefits (1)
That means you spend money eating lunch in the cafeteria or surrounding restaurants, a cost of perhaps $30 or more every week. Working at home means you do not have to go any place for lunch but your kitchen and though you may have to buy extra food for lunches to accommodate eating at home every day, the cost will be far less than what you were spending when you were working away from home.
Six Tips On How To Be A Good Boss (2)
Always coach and inspire your employees to do their best. Not only will you be a good boss but you will increase your chances of being promoted and you will make your business a better place to work.
How To Market Your Home Business (3)
It can provide information to callers no matter what the time of day or night. Press releases are often misunderstood by business owners who believe that simply sending out a press release will automatically get them mentioned in the newspaper.
How To Fund Your Business (4)
If you are one of those entrepreneurs who can not seem to find money to get your business going, do not lose hope. There is always a way to find some money to serve as start up capital for your business.
Punctuality In Business (5)
Say there are usually eighteen infants and two teachers. An aid is needed in this room to keep with state laws requirements. If the teacher aid is late or absent the employer of this facility is forced to try and find a rapid replacement for that person.
How To Get Great Web Traffic (6)
In order to do this, you have to be sure that your name and your website get listed in as many places as possible. You are going to have to do a lot of this yourself, because it requires taking the time to have your sites listed and to be able to have as much control over what happens there as you possibly can.
Advertising Ideas For Home Businesses (7)
By the law of averages, the more people who visit your site, the better the chances that someone is going to be interested in the goods or services you have to sell.
How To Start An E-Commerce Business (8)
Granted, some might have dipped into their credit cards or homes equity, which is only marginally better but by and large they only invested that which they knew they could afford to lose.
Profiting From Paid Subscription (9)
Remember, though, that paid subscriptions will not be your main source of income and in the beginning it will be difficult to convince people to pay for memberships. Start out with free memberships to prove that what you have to offer is worth paying to see.
Avoiding Advertising Mistakes (10)
A good way to find out what not to do when it comes to advertising is to watch a couple of hours of MTV if you can stand it. Their station advertisements are very creative and they do say MTV at the end, but otherwise they have nothing to do with anything.