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Insights for Entrepreneurs

Is It Time to Move Out of The Home Office? How to Know

For the past few years, you’ve been living the dream others fantasize about– you’ve been working from home. Not only that, you’ve been building a successful business—taking client phone calls in your pajamas, surfing the web at your leisure, and enjoying the morning commute from your bed to your desk.

You’re not just working from home, you’re working from paradise! Even so, the blending of work and play gets tough, and at some point, you might decide you need a more space.

If you’re considering re-entering the brick-and-mortar world of the grownup office, it can be difficult to know exactly when the timing is right. But if you can minimize your office costs while retaining the freedom and independence you have working from home, right now could be the best time!

Here’s how to know when you should move—and some tips on finding a new space!

Getting the Timing Right

If you’ve been waiting for the “perfect time” to get an office, we’ve got bad news: there is no perfect time.

But there are a few things that crop up that make moving to a new office a good idea:

If you’re running out of space, trying to hire employees, and want to meet clients somewhere besides the local coffee shop, it might be time to get your own office.

Check Your Funds

Of course, it’s not just the timing, it’s also the money! In order to test your ability to support an office lease, try researching local commercial spaces in your area, find the prices of offices in your size, and start setting aside those same prices into a savings account. If you can leave the savings account untouched, you not only have a security deposit prepared for your office, but you know that you’ll be able to afford the office when you’re paying each month.

Make sure that business is booming, too. If you’re not bringing in substantial revenue, than getting an office is a no-go.

If you can’t afford a traditional commercial space, don’t freak out. There are tons of affordable options … just check out the next section!

Finding a Space

You don’t have to move into the top floor of your city’s highest tower. There are some great ways to get an office of your own that won’t set you back thousands of dollars a month.

Consider:

There’s a lot to be said for working from home, but sometimes having a separate office environment is your best bet. Many people swear they’re more productive in a traditional office than at home.

Have you made the switch from a home office to a traditional one? What advice would you give others? Please share in the comments below!

 

  • http://saltmines.us Andy

    Yes to coworking spaces! Even if it’s just a single day a week, I believe *everyone* who works from a home office should be taking advantage of coworking spaces.

    • Emma Siemasko

      Thanks for the comment, Andy! I see you’ve got a coworking space in Columbus, Ohio. Yay to coworking spaces!

  • Rita

    Great article! ShareDesk.net is definitely an awesome tool to find and book a co-working space.

    • Emma Siemasko

      We’ll have to check it out, Rita. Thanks for the comment.