There’s never been an easier time for someone to build their own business than in the current day. Much of this is due to the great strides in technology over the past 30 years. The rise of high-speed internet connectivity, more powerful personal computing devices, and portable electronic smart devices has enabled entrepreneurs to start at a much smaller scale than ever before.
The Big Catch for New Small Businesses
With the freedom that many new businesses have to start out of a small home office comes several practical problems. These are issues that many businesses have not had to deal with in the past, solely due to modern small operations’ changing nature. That being said, there are ways to mitigate this while still enjoying the home office’s physical freedom.
The Legal, Professional and Personal Pitfalls of a Home Office
If you choose to use your home address as your company address, you may have a problem right out of the gate with legal issues. Specifically, you may violate either Homeowners Association agreements or even local zoning laws, depending on the nature of your business. It pays to look into this before you start any venture, especially if you don’t want to rush to circumvent any issues later. Besides, it can stop your business and create problems as well as delays.
Additionally, you may find that doing everything out of the home can creep into your daily personal life and the life of any family in your home. It is quite common for many entrepreneurs to work much longer than a standard workday, and having no dedicated on/off time can create a burden on your loved ones or your own wellbeing, depending on the type of business you are in.
Virtual Offices to the Rescue
Thankfully, there is a convenient workaround for you should you need it. A new industry of virtual offices and addresses for small businesses has proliferated thanks to the rise of the new small business boom. You can have all the benefits of a standard business address for a nominal fee with little of the overhead cost.
An additional perk that comes with a virtual office is that seeing an office building address for your business can inspire more confidence in your products or services in the mind of the consumer. It gives the consumer further peace of mind that you are in business for the long haul and will most likely benefit you for years to come.
Depending on the service you use, you can have anything from business mail forwarding to virtual receptionist service to physical meeting spaces when you need them. Additionally, many services allow multiple spaces for companies that need a presence in multiple cities. All you need to do is research virtual office services on your own and find the one that works best for you.