The rising cost of office space, particularly in the CBDs, highlights the need for businesses to get even smarter about how and from where they run their enterprises. The traditional office can work, so do co-workspaces but have we forgotten one obvious option?
One of the things we hear quite often from business owners, employees and people in general, is that they have to deal with a “killer commute”. Hours and hours are lost each week on public transport and gridlock in big cities but some business owners decide to simply work from home. A step further actually. They have based their business at home.
Now, we are all about ensuring your business does the best job it can to support your family and make your life better. Yet here, we are encouraging you to blur the line between work and family. Well not really. Well, not at all. If you are say, a consultant of some kind, maybe client-facing meetings only really happen at their place or at conferences, it’s not a bad way to save on expenses and even reduce tax. And that is something we do advocate. Strongly.
This whole idea came up when I first noticed some of these really cool home offices. They range from the simple to the absolutely stunning but none of them look like the owner had settled for a space in which to merely slump over a laptop. Home offices can (obviously) look great and if you’re heading down that road, you may as well do it really well and take pride in it.
Besides, you will be able to:
Have a word to us about your circumstances if you’re looking at better ways to work. If your business can be run from home, we’d love to help you sort through the numbers so feel free to drop us a line.
Isn’t a home office a bit limiting though? Well you don’t have to usher clients to the nearest coffee shop to have meetings because you could of course welcome them to your home office. To make sure that those work/home lines don’t get too blurry though, there are a couple of pointers:
We’re sure there are few more important tips to consider but for now, think about how you could decrease your expense burden (both time and money) within your business and increase family time… and we’ll do the same.
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Your friends or family will thank you later.