Throughout the Rocklin and Sacramento area there are many people who work from home. It’s a trend that has been growing in recent years. In fact, according to the Bureau of Labor Statistics, 24 percent of employees do at least part of their work from home. But for those who are self employed, around 64 percent of them work from home offices. While it may make growing your home based business a little more tricky, you can still do it, and do it right!
Many of those who are self employed will wish to grow their home based business at some point. Yet doing so can put a squeeze on funds and may make keeping up with things a bit more challenging. Here are 5 tips for growing your home based business:
- Hire help. Your business may be home based, but you can still hire help. Look for freelancers, or those who are willing to work from you from their own home. You can hold a weekly Starbucks meeting if you need to in order to discuss projects face-to-face. This will save you money, and get you the help you need to grow your business.
- Consider appearances. Even if you are unable to get a larger office at this point, you can have the appearance of having one. Rent a virtual office each month. For a small fee you can use the address of a large office building, making your business look larger. Some virtual office landlords even throw in mail, reception, and meeting room options.
- Share an office. If you do want to move into an office out of the home, but want to keep overhead lower, consider sharing an office space. There just may be another home based business owner looking to expand their wings.
- Take on a partner. By partnering with another person, or merging with another business, you may be able to grow your business. Remember that this is an option that you will need to work with a Rocklin or Sacramento attorney on in order to get all the legal help you need to get off to a good start.
- Rent storage. If you are a home based business that maintains an inventory and you are running out of room, consider renting a storage facility. They are much more economical than renting an entire office or building. Just be sure that you have your inventory insured, in case something happens to the goods as they are stored away.
Growing your home based business is not as complicated as it may seem. There are ways and opportunities to help make it a smooth transition. For some aspects you may need to work with a Sacramento lawyer in order to protect yourself, and your investment, but business growth is within reach!
The Law Offices of Terry L. Gilbeau provides personalized counsel to clients in a variety of business and personal matters, including creditors’ rights, debt collection, products liability and international transaction issues. His office is located in Rocklin, CA, just outside of Sacramento, CA, near Roseville, Lincoln, Auburn, in Placer County and can be reached at (916-626-5539) or email Terry at firstname.lastname@example.org. Click here for the firm website http://www.gilbeaulaw.com/