Your Business Premises

January 12, 2009 · Posted in Freelancing 

Your next decision you need to take is the location of your business premises. Will you be working from home or set up an office away from home. We will take a closer look at the two different options.

Working from home

Working from home is a very cost-effective opportunity as you will have no additional expenses related to renting office space. This also provides some calming effect to one’s working day, knowing that you will be working in familiar environments.

However, working from home is not always good for the appearance of your business. This might always be perceived negatively by certain larger clients knowing that you are operating from home.

Often, working from home simply clutters your home and there are no separation from your work and personal life. This could, at later stages, negatively impact your business activities.

By working from home you will rarely stick to operating hours and will continuously visit your workspace for work. This in itself may impact negatively on your family environment.

If you do decide to work from home, here are some recommendations:

  1. Always attempt to create an area specifically for purposes of your work. This area must not form part of your normal living space.
  2. It is advisable that you consider building a temporary structure outside your home for the purposes of acting as your office.
  3. Keep your working space tidy.
  4. Create working hours you intend to operate within and stick to them. Attempt to create space between your personal and work environments.

Renting office space

In setting up an office may proof to be quite an expensive exercise. However, having a rented office in town might appear to be more professional. You also have the additional advantage that your personal and work lives are totally separated.

Some negative aspects may include the expenses in renting the premises and traveling back and forth to work each day, something you wanted to get away from when you decided to take on freelancing on a fulltime basis.

If you, however, decide upon renting a business premises, here are some recommendations:

  1. Rent premises close to your home. This will limit traveling time and expenses to and from home and work.
  2. Keep the premises small, as this will limit your initial expenses.

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