Joplin Area Real Estate Investor Association

A Guide to Moving and Starting a Business

South Jersey Real Estate Investors Association


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A Guide to Moving and Starting a Business

Moving into your new home and starting your own business can be very stressful, but there are ways to make the transition easier for you and everyone around you. Whether you’re moving across town or across the country, it’s crucial to get all the logistics of your move taken care of before you start a business in your new home office. Here are some helpful tips to make this transition as smooth as possible.

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Launching a Home-Based Business

If you're setting up shop at home, start with some basic tasks. If you have children in your home who are old enough to understand, explain that they should avoid bothering you as you're working. And if there's an area where you'll be working, consider soundproofing it so that other family members aren't disturbed by the noise coming from your office. Remember: You'll be living and working in this space, so take steps to make it ideal for both purposes.

Home Buying Considerations

When you’re buying a home that will also be your place of work, it’s important to consider how much space you need and whether any special features will make doing business easier. If you don’t know what features to look for, start by checking out other people's home offices

  • Are they crammed with boxes? 
  • Do they have room to stand? 
  • What kind of lighting do they use?

When to Buy and Where

If you’re buying your first home, you may feel overwhelmed by the process. Homebuyers are often limited to where they can purchase a property. But don’t stress: An experienced real estate agent can find you a home that accommodates your family and business.

Moving Decisions That Affect Your Business

Before you buy, decide whether or not the house you're considering is suitable for both living and working. For instance, if you want a home office that's separate from your main area of work, you should work with a real estate agent who is aware that the feature is a priority.

Choosing an Office Space That Fits Your Needs

So, your business plan is in order, you’ve chosen your business location, and now it’s time to start furnishing the space with office equipment. Think about selling or donating your current furniture to make room for new pieces in your space.

Getting Funding for Your Business

Thanks to technology, It's easier than ever to start a business, but costs still add up. For businesses with small profit margins or startups on tight budgets, receiving funding from government grants can help ease financial burdens. Do your research; know what you're looking for. Grants are available from government agencies, nonprofit organizations, corporations, and even private parties. There's no limit to where you can find grants; knowing which ones will support your startup will be key in getting them.

Taking Advantage of Free Business Tools

The costs of moving and starting a business can add up quickly. If you’re operating your business on a tight budget, look for some free and low-cost tools online that can help you get up and running.

For example, if you don’t have the funds to pay a web designer, you can build your own site by using a free website builder. You can also create branded invoices by utilizing an online invoice generator which allows you to add your own terms, design elements, and logo to ready-made templates.

Beginning Your New Venture

When it comes to purchasing a property where you'll work as well as live, there are several factors you should keep in mind. From timing to budgeting, make sure to cover all your bases when purchasing property while beginning your new venture. 

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