Running a successful, growing business is a wonderful thing, but that growth can quickly become stressful and overwhelming if you don’t have the right resources to accommodate it. For home-based business owners, it’s especially important to make sure the space can keep up with the business so that stress and anxiety can be reduced and mistakes are eliminated.
When it’s time to upsize your home in order to give your company the room it needs to spread its wings, you’ll need to be well prepared for every detail of the process in order to make it run smoothly, right down to prepping your current home for sale. The pros at DREAM ROSE Design can help with that, offering services for staging and home design that will help you sell the property faster. You’ll also need to consider the expenses associated with moving your business.
Here are a few tips on how to get started with your home upsize:
Simplify the buying and selling process
Buying a new home and selling your current one at the same time can be stressful due to the need for certain timelines to match up, but you can simplify it all by planning ahead for the unexpected. Padding your budget, for example, can ensure that you’re able to rent a place temporarily should your current home sell before you’re able to move into the new one. You can also do some research on the neighborhoods you’re interested in well ahead of time, noting average sale prices, crime rates, and the nearby school districts. Putting in some time in the beginning will allow you to make careful decisions that won’t come back to haunt you later.
Stage your home for a faster sell
Upsizing your home can be an exciting project, but if your current property sits on the market too long, you’ll be too stressed to enjoy the moment. Consider hiring a team of pros like the ones at DREAM ROSE Design to come in and stage and depersonalize your house so that potential buyers can more easily see themselves living there and make an offer. This process can be invaluable when it comes to a quick sale, and it removes a major task from your shoulders so you can focus on other things.
Set up your home office and form a business structure
Once you’re all moved in, it can be helpful to make setting up your home office a priority. Not only will this allow you to get work done even if the rest of the house needs attention, it will provide a quiet area for you to make phone calls and take care of important post-move tasks (such as arranging for contractors or utility services). During this time, it’s also a good idea to form your business structure if you haven’t already. Creating an LLC, or limited liability company, can protect your personal assets and offer tax benefits as your business grows. Every state is different when it comes to the rules for formation, but you can hire a service that will take care of the paperwork for you, which will also save you money.
Consider going back to school
You’ve got the bigger house, the new home office, and everything you need to run a successful business. But how will you maintain it? Facilitating growth in a small business can be challenging even at the best of times, but you can boost your skills by going back to school to earn a business bachelor’s degree. You can consider a program in accounting, business, communications, or management, and with so many courses available online, you can do it all from your newly upsized home while taking care of your company at the same time.
Making a major life change, like moving to a bigger home, can be stressful, but with the right plan, you can tackle the process like a pro. Keep your business in mind throughout, and think about how you can navigate all that comes with a successful venture as you consider going back to school or filing for an LLC.
Ready to get the ball rolling on staging your home? Contact DREAM ROSE Design for more information.
