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Setting up a home office

Guest post by: Rene Truter

Article Overview: Having a home office may be an attractive option if you're running a small "one-man show" or starting out small with a view to expand once the business is off the ground. There are, however, some practical issues to consider before you start setting up your office.

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Setting up a home office

When starting/running a business from home, you need to have a plan of action with regards to the where, what, why and how of setting up your work-space. Knowing what your needs are and having a strategy for the office set-up will help things run more smoothly over the short and long term.

Whatdo you need?

Make alist of exactly what you need in order to establish and run your business. Your needs will depend on what type of business you are running, but the most important questions include:

Where will your office be?

Now that you know exactly what your needs are, you'll have a good idea of the best area in the house to set up shop. If you have children or other family members living at home, you'll need to be away from distraction and have a space that is out of bounds for the rest of the household.

Aim to create an organised office area that meets your needs and allows you to be efficient and productive. You may have to get creative with the space you have available, such asstoring files in another room, but keepsupplies and files you use often close at hand.

Separate the professional from the personal



When working from home, be sure tokeep your personal life from spilling over into your business life (and vice versa). Not only does this mean stopping the kids from playing in your office, but it goes a little further. Set up a business bank account to avoid mixing personal expenses with your business expenses.

To further reduce confusion, try to store personal cheques, records and even post in a room separate from your office. Fully segmenting these two parts of your life may also help at tax time.

Use formal processes in your home office While you'll be more relaxed than the average work environment, it's important to have a formal system of operations for your home office. This includes everything from standardising record-keeping and paying invoices, to logging time with customers and mileage for business trips.

Keeping a few formal procedures in place for standard business functions will ensure your office stays organised, and that information is available where and when you need it most.

Organise your time

Flexibility is a key benefit of working from home. Yet, it still requires that you put in a fair amount of time. Setting a typical schedule for working in your office will help you stay focused, whilekeeping standard office hourshelps your clients know when you are available.

Once your office hours are set, don't forget to hang a clock where it is clearly visible. While this may seem obvious, the truth is that when working from home, it's easy to forget about time. Even though your work is at home, there still comes a time when you have it to call it a day and shut your door to the office.

Having a home office may be easier than finding an office space to rent or buy, but as you can see, it still costs money, time and creativity to set up. Doing it strategically will help you set the tone to strike a balance for doing good business on your own terms.

Copyright© 2010 Business Partners Ltd. All rights reserved.

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Home > Starting-A-Business > Rene Truter > Setting up a home office >
Article Tags: oneman, setting up a home office, small business

About the Author: Rene Truter
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The SME Toolkit is a project of the Small and Medium Enterprise Department of the World Bank Group and is available in multiple languages through local partners, such as South Africa, around the world. Business Partners Ltd, leading risk financing company for small and medium enterprises (SMEs), has made the online Toolkit available for all entrepreneurs in South Africa.

The Toolkit is a joint initiative between Business Partners, the International Finance Corporation (IFC) and IBM, offers easy access to information, resources and online training relevant to SMEs in a large number of industries and business sectors.

The SA SME toolkit provides how-to articles, business forms, financial tools, online training and information resources developed by leading experts, and free software tailor-made for SMEs. All aspects of business set-up and management are covered, from business planning to accounting, financial management, human resources, import /export, legal and insurance matters, marketing, sales, operations and information technology.

The site also offers a range of self-assessment exercises and tools, aimed at enabling entrepreneurs to take control of problem-solving in their companies, and even to proactively implement strategies to avoid potential problems.

Users have lauded the SME Toolkit as a one-stop shop for almost any piece of information needed to run their business. Register on the Toolkit today to start receiving the monthly newsletter and grow your business knowledge and skills.



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Related Forum Posts
Home Office vs Rented Office Home Office vs Rented Office - Another advantage to having a home office is the low overhead expenses. My monthly office costs would be increased by 300-400% if I had to rent an office. THis allows me to pass those savings on to my clients and also decreases the financial stress of being in business. I appreciate the savings that a home office gives me and none of my clients mind. Its not for everyone and I understand that. I have friends who work from home and they have lots of distractions. I get far more work done since I work from home, although I do work much longer hours, but that's my choice at this point. I wouldn't want to work until 10 or 11 pm and then have to travel home, but this arrangement makes it work for me. Shri
Office vs Home office Office vs Home office - [quote:jmbfd61m]You should not make your home place also an office place. [/quote:jmbfd61m] I have to disagree. It all comes down to a couple of things. If you have the type of business that can be run out of your home, and a large enough home to accommodate a properly-set up office... there's no reason not to do it! For Moms with kids there might be some boundary/daycare issues, but other than that... If yours is the type of business where you have to have clients in your office, then yes, I think you should have an office in a building - you don't really want clients to know your home address - but for all those businesses that don't require that... go for it!
Thanks so much for the link Evan!! Thanks so much for the link Evan!! - Thanks so much for the link, Evan!! It's a really cool post. I tend to be more... manly, though, with everything but the home office -- my husband and I live in a fairly small apartment, and if I had a home office area he wouldn't have his tv/games area, as everything would be shoved in the corner/closet to make room, and I would never do that to him. However, a woman I know who also has her own internet business has a home office fully equiped with inspirational quotes on the walls and pictures her daughter took to keep her spirits on those long working days.
What’s your opinion about working form home What’s your opinion about working form home - In my opinion doing a full time job from your home sounds pretty cool but does not have a good credibility. I feel that doing a job in an office or working in a specific office place is the real thing. You should not make your home place also an office place. You may share your thought of view on the above mentioned topic.
Re: Balancing Marketing and Holidays Re: Balancing Marketing and Holidays - Hi GT, I think you have hit the nail on the head there. I have a friend who decided for financial reasons to close his small office and transfer all his business to home. He then proceeded to change his spare bedroom into an office and disciplined himself to ‘work’. The problem then was and in some ways still is that because he is at home he is deemed to be ‘available’ for pick ups and drop offs or doing messages because he can be contacted easily. This is where we get this continual work/life conflict because friends and family sometimes need to understand that even though you are physically at home; you are at work and therefore not available unless it is urgent. regards, Mal.


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