7 Steps To Take When Moving Your Home Business To The Real World
It couldn’t be easier to start a business, and for that reason, many people do it. Often, this begins as a side project that people start from the comfort of their own homes.
However, after the business owner discovers that they have a viable business, they typically find that the office at home is no longer adequate, especially if they’ve begun to hire employees. Remote work can be helpful, but having people onsite during the venture’s development stage is best.
In this blog, we’ll discuss some helpful tips for ensuring a smooth transition from home business to the real world.
Is It The Right Time?
Moving into an office can take a lot of time, energy, and money. So it’s not something that you’ll want to do before it’s needed. As a blossoming company, you should put your energy and money into other areas that will help your business grow.
So, how do you know when it’s the right time to move from being a home business? This is something that you will, in all likelihood, know. If you’ve outgrown remote work or reached a position where you’re relatively sure of your company’s future, then consider making a move.
Finding the Space
Once you know it’s time to move, you’ll need to work on finding the space. Countless factors will contribute to selecting the right office for you.
For instance, you’ll need to consider where your staff is generally traveling from, how much space you need if it’s located near other businesses you’ll deal with, and other such things.
This could take a little longer than you might like, but it’s worthwhile being patient. You don’t want to move again because you didn’t get the right place the first time!
Financial and Legal Requirements
You’ll also need to consider the logistical requirements of securing a lease. Let’s assume that you’re renting. You may need to prove that you have enough revenue to meet the monthly payments and get the lease notarized; an online notary can help with this.
In addition to the lease cost, you’ll need to consider the other expenses associated with leasing the building. For example, how much will the bills cost you each month? And how much will it cost to style the office?
Styling the Place
And talking of styling the office, this is something that you’ll most definitely want to do. Most offices are pretty plain when they’re rented. They’ll likely be a little uninspiring — just a collection of desks and chairs. It’s a good idea to look at decorating your office with your branding.
This doesn’t have to be excessive—it could be something as simple as having your logo featured around the space. But it’s worth it. It’ll help remind your staff of your branding and impress business visitors.
Input From Employees
Remember, you won’t be the only one working at your new site. Your employees will, too. So why not seek their input?
If you’ve already made the effort to create a sense of teamwork among your staff, they’ll likely have a lot of good ideas. Plus, this will help ensure they are as excited about making the move as you are. People engage much more when they feel they have a say in a process.
If you are searching for people with training, qualifications, and years of experience, you may want to use a specialist agency. Getting the right people is valuable for your business, and you don’t want to mess it up, especially if you are trying to fill top-level vacancies. For instance, if you run a pharmaceutical business, you might seek help from pharmaceutical talent acquisition experts. They will put an ad out for only the best of the bunch to see and hire accordingly from the applications they receive.
Be Mindful of Budget
Costs can rise pretty quickly when you’re moving into a workspace. As such, it’s essential to keep your budget in mind.
You may consider hiring a project manager to oversee the work. They’ll charge but help you keep a tight grip on the financial side of things and ensure the move goes smoothly.
Making the Transition
Finally, remember you’ll need time to move your operations to your new worksite. It’s best to do this gradually. You and your staff will also have other responsibilities to take care of to ensure that the business is running smoothly.
You can gradually move your home business into the new place over a few weeks. It’s also worthwhile thinking of when you’re moving — if there’s a low period in your work, then that would be ideal.