Pros and Cons of Starting a Home Business
Beginning a business out of a private home has gone mainstream. Entrepreneurs in a variety of industries have started up successful business from their home office, bedroom, or kitchen table. You can find financial professionals, lawyers, landscapers, dog walkers, and architects who have decided to ditch the long commute and high rental fees that working in an office building might require. They have also decided to become self-employed to enjoy more control over their lives.
In fact, you do not have to have a lot of formal education or special high-tech skills to run your own business out of a home office. If you are not sure what kind of business that you could begin to earn a full-time or part-time income, you might refer to this article: Five Real Ways to Earn Extra Money. It concentrates on businesses that could be started in your spare time, but some of these businesses can turn into generous incomes.
Pros of Running a Business from Home
There is no doubt that working from home has a lot of advantages. The most obvious one is that 30 second commute from your bedroom to your personal computer. You do not have to get dressed up, fix your hair, or even wear shoes. Most people can conduct a lot of their daily tasks with an Internet connection, PC, and phone.
You may need to dress up to meet clients or attend to some tasks outside of your home, but you can always return to eat lunch out of your fridge. You can also save money on office rent. You might even be able to take advantage of a home office deduction on your income taxes.
Cons of Working out of Your House
Running a business from your house has some disadvantages. Some people crave the social life that a busy office provides, but working from home also provides a way to avoid office politics if you do not care for them. The other advantage and disadvantage is that your work will probably be accessible twenty-four hours a day. This means that you can maintain a flexible schedule, but you might find yourself devoting time to work that you would have spent on relaxing or tending your family otherwise.
Distractions might become a problem when you work from home. Friends and family might think that you have plenty of free time now that you do not have to commute to an office, but most self-employed people succeed because they invest a lot of time and energy in your business. If you still have kids running around or elderly folks who need attention, it might be tough to focus on your home business enough to really succeed.
There is a reason that the local Professional Organizer is thriving. Society at large has too much to do and not enough time to get everything done. For people or companies that are disorganized, there never seems to be enough time in the day. The question that must be answered is how to increase productivity or efficiency. If it takes you thirty minutes to find your keys or a client file then it is time to make some changes. A few simple adjustments can make a big difference, leaving more time in your day to enjoy life. Getting started is the challenge for many people.
Establish a System
Before you get started cleaning up the clutter, you must decide on a system that will work for you. There needs to be a place for everything, so that you always know where that item is when you need it. Of course, different methods work best in specific areas of life. Using multi-colored files may work well in your home office, but that won’t work in the kitchen. One rule of thumb that can be followed for any area you want to organize is to be sure and store things that you use often in very accessible spots. Save the top shelves and other hard to reach storage areas for those items you do use infrequently.
Getting some advice from a professional organizer is advisable. Once you have a good system you can use, then the rest becomes easy. Many people feel overwhelmed when they look at a huge mess they need to organize. Most people find that they benefit by consulting with a professional organizer before getting started.
For example, Christmas decorations or other annual holiday items could be stored in the garage or basement since they will only need to be retrieved once a year. This concept works well in an office setting too. The space heater that comes out every November and is then returned to the closet in April can be stored on a top shelf since it will be something that will be needed for only a few months per year.
Once you have a system established, then you can start decluttering. It is crucial that you have a set system before you start decluttering so that all the hard work will get you closer to your goal of saving time and being able to find things easily. Many experts recommend that it makes sense to tackle the toughest part of your home or office first, utilizing your peak performance hours to complete the hardest tasks. If you’re a morning person, that means you work on the most challenging decluttering project first thing in the morning.
Time Management Tips
When contemplating how to increase productivity, setting short-term and long-term priorities is crucial for getting what you want from life. Time Management Strategies complement any system you put into place. Focusing on top priorities first is the number one time management tip to remember. It is far too easy to spend time on less important tasks which can sabotage the overall goals you set for yourself.
Using a timer is crucial. When I am working at home, it feels like I am doing a lot more than I am. Actually timing the business-work I am doing helps me to see just how much time I am really doing things that generate cash flow for my business.
My bad habit: Constantly looking at my email. I gave myself a certain amount of time to deal with email and I tend to use up what I have allocated for the entire day by 11 am. This is a big time waster for everyone.
Anyone working from home and fooling themselves about how much they are really doing?
Let me know how you handle it and your time tips!