Grow Your Business With A Bigger Home
Growing a business is an exciting process for any entrepreneur, but it also comes with many challenges, especially if the company is home-based. When you’re expanding into new markets and widening your audience, you’re also creating more work, which necessitates more qualified employees and a bigger workspace so that your business is as cohesive as possible.
When it comes to upsizing your home, there are a lot of details to consider, from navigating the buying process to ensuring that your customers are well taken care of as the physical move gets underway. When you’re ready to search for a new home, work with Brian Chandler for a personalized real estate transaction that takes the guesswork out of the process.
Use this guide to help you get organized and plan out each stage of your home upsize with ease:
Take care of a few legal details by forming an LLC
Before you begin the job of moving, it’s a good idea to ensure that your business is in solid shape. Take a look at your finances and get organized where invoices and other accounting details are concerned since this will reduce the possibility of costly mistakes or lost items during the move; digitizing important business paperwork is a great idea. You can also consider forming a limited liability company if you haven’t already, which will provide tax benefits and requires less paperwork than other business structures. Every state is different when it comes to the rules for LLCs, so check the guidelines for your area before getting started. Want to save some money? Hire a formation service to tackle the paperwork on your behalf instead of an attorney.
Grow your skills along with your business by going back to school
Running a business requires several different skills, but growing one sometimes takes a different approach. Before you take on all that comes with expanding your company, consider going back to school to build upon your experience and learn a few new things. You can earn a bachelor’s degree in business or major in accounting, communications, or management and acquire all the skills you need to take your company to the next level. With so many online courses available now, you can do it all from the comfort of your home, even after you’ve started the relocation process.
Create a plan for your customers
As with any major change within a business, it’s crucial to have a plan in place for ensuring that disruptions are minimal for your customers. They should be able to access you or one of your team members with questions or concerns, and your website should remain fully functional during the move. If your business doesn’t currently have a mobile app, now is the time to create one, or at least make sure that your site is compatible with mobile devices. Create an ad or announcement that lets customers know about the move, providing an FAQ list on your site so they’ll know what to expect over the next several weeks.
Find the perfect home for your business needs
Once you have plans for your business squared away, you’ll feel more comfortable starting the search for the perfect home for all of your needs. Narrow down your options by researching some neighborhoods, taking into account how many of your competitors are nearby and whether there are other small businesses there that you could possibly partner with. It might be helpful at this stage to get pre-qualified for a home loan and obtain the necessary permits for the city you’re in. Write down a few things your new home must have; these might include ample space for an office or workroom or a separate entrance that will allow you to welcome clients, so they don’t have to go through your living areas.
Upsizing your home in order to grow your business is a major life change, so give yourself plenty of time for the planning stages. Consider going back to school in order to make the most of your skills, as this can reduce stress as your business gets bigger and bigger.
Article by Claire W.
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Renovations, no matter how small, add value to your life by making you happy with your home, and they add value to your property, as well. If you choose to relocate, Brian Parker offers expert advice on selling in Parker, CO.
Real estate pro Brian Chandler of RE/MAX Alliance Group is a top producer and sales trainer located in the Parker, Colorado, area. Whether you’re buying or selling, team up with Brian today! 720.808.1007 What is it like Living In Parker Colorado? Read more articles like these Top Realtor Info Contact Brian Chandler