Every successful business starts with a really good idea. It is common for that idea to originate from the comfort of your own home! That was certainly the case for me and the beginnings of my small business. Even before my freelance writing developed into a business, I operated primarily from my home office. There are many great reasons for people to run their businesses from their homes.
Some of these have economic benefits and others involve the ability to spend time with spouses and children. According to Small Business Trends, 62% of women entrepreneurs said in 2018 that their businesses were their primary source of income. This shows that no matter where these businesses are run from their importance is paramount to the running of households and also the greater economy.
The 2017 Staples Annual Workplace Survey pinpointed something that most of us home-based business owners know. The ability to work remotely is an essential part of the future of many industries. The survey found that only 32% of employees spend all of their time in an actual office building. I’ve had the opportunity to work both outside and inside the home and find that I get more done in from the latter.
Being in Charge of Scheduling
Working from home can benefit your business in a number of important ways. I have discovered the beauty of being in charge of my own schedule. Those who work for traditional business or corporation don’t typically have this luxury. When you’re the boss and understand how to best utilize your time, things run much more efficiently.
It can be challenging for some to work in a space that is not organized for business. This is one of the reasons why designing an actual office with a desk is helpful. Using this space to not only work from your computer is important in other ways. I regularly utilize my home office for client meetings, conference calls, and general administration. Overseeing schedules allows for doing more at home.
Accommodate Family Needs
My experience as a business owner originally began because I was also a stay-at-home mom. It was important for me to create lucrative opportunities from where I was at the time. A large number of women running home businesses are in the same position. They juggle responsibilities of being a wife and mother. It is easier to combine your work location with these responsibilities, as well.
Accommodating family needs may involve school drop-offs, visits to the dentist, or a soccer game. Being in control of your schedule comes in handy with these things in mind. Some business owners find that they work better at odd hours. It is possible to conduct operations at night after everyone else has gone to bed or super early in the morning. Harmonizing your work and your business can be a beautiful thing.
Most small business owners know the benefit that technology and the internet have provided. Entrepreneur reports that it’s not necessary, to operate outside of your home to work in marketing, consulting, or social media. Working this way is a great opportunity to expand in an economical way. I’ve been able to save time and money by working from home that I can then use to invest in my business.
Since you’re in charge of your schedule, you can set your own goals for the business. The idea of expansion is something that needs to be planned for. Being able to accommodate fast growth is critical to the future of the business. This is why many women opt to pursue slow growth over time by accomplishing one milestone at a time.
Sitting all day in any setting is not a good plan for being healthy. Fortunately for those of us who work from home, it is possible to schedule workout time. A recent report in Business Insider, recommends that adults between 18 and 64 get a minimum of 2 ½ hours of moderately intense exercise weekly. My solution is a small at-home gym in the basement that helps keep me fit and healthy.
Workouts have another benefit when it comes to dealing with stress. This physical fitness will allow you to blow off steam and to alleviate the stress associated with business activities. Many people discover that they brainstorm while they are exercises. With a home office, you have the freedom to focus on multiple things. Health and fitness should be included because they have an impact on your business.
You don’t have to be a busy mom and rushing at the Speed of Life to enjoy working from home. If you do fit into this category, operating a home-based business could be an innovative experience. Having expenses, such as renting office space and daily transportation to work can be a hassle. This is also is a drain on your business resources. Simply working from home is a benefit that can lead to growth.