Perhaps you dream of turning your delicious baked goods into
a profitable business, but your kitchen is not big enough.
Maybe you create fabulous designs on coffee mugs, picture
frames and other household items but your home does not have
room to hold your tools and equipment.
If the space in your house is not accommodating your
personal and professional goals, it is time to find
something new. If you are moving while launching a
home-based business, Emil
Ratti with New Jersey Real Estate presents five tips
that can help the process go smoothly.
Research Real Estate Agents
Your real estate agent is both your partner and the
person who goes to bat for you during the home-buying
process. You need someone who is personable, hard-working,
knowledgeable and experienced in the real estate business.
While you may have a relative or friend who handles
residential real estate, do not assume he or she is the best
person for the job. Though it seems easier working with
someone you know, he or she might now have the experience
and skills needed to find or negotiate the best deals.
Research agents in your area before committing to one; talk
to friends and family members to see if they have
recommendations. Your mortgage company might also suggest
some agents they work with frequently. You can also consider
working with Emil
Ratti with Coldwell Banker.
Whether your personal life is busy or quiet, your time is
extremely valuable when starting a business. One of the best
investments during the moving
process is hiring movers. Doing so saves time and
prevents you from injuring yourself by lifting heavy boxes
and furniture. Some moving companies even assist with the
packing process as well.
As with real estate agents, do
your research and get quotes before hiring a moving
company. Additionally, take pictures of your furniture and
boxes before they leave your house. Even companies with
excellent reputations can damage items. Pictures serve as
proof of how your stuff looked before being moved.
Develop a Business Plan
While some aspects of your company can be placed on hold
during your move, forming a business plan is not one of
them. Writing a business plan makes you think
through important decisions before you have to make them
in real time. It becomes a crucial plan for your business’s
success, so don’t put it off.
Business plans are outlines of a company's setup and
goals. Your plan should describe your company, how the
business will be structured, how you will sell services or
goods, financial projections and required funding. Once your
business grows and changes, you can update your plan as
needed to align with your new structure and goals.
If running a business is new for you, consider going back to
school for something business related, like an MBA. You will
learn everything you need to know about starting your
the pursuit of an MBA degree. And with many online
programs, you can take classes while putting together your
Utilize Online Resources
Online tools are a fantastic way to organize, manage and
store vital documents for your company. Digitizing records
is especially valuable for an entrepreneur who is launching
a business and moving at the same time. It creates a single
place to store valuable documents, so you do not have to
worry about them getting lost.
Register Your Business as an LLC
LLCs allow owners to have personal liability protection that
keeps their assets and finances secure from any debts or
court orders incurred by the business. Furthermore, this
type of corporation also offers tax savings such as not
having to file two separate sets of income taxes (personal
and company), plain compliance regulations, and other
features that make running a business more efficient for
proprietors. The easiest way to form an LLC is to work
with a formation service. Be sure to read online
comments first to make sure that you choose a well-reviewed
Pursue Your Business in a New Place
Whether your professional goals include baking fluffy
cupcakes with swirls of chocolate frosting, designing the
best household decor or something in between, your house
needs to be an asset when you are both on and off the clock.
Find an experienced realtor and movers, write a business
plan, utilize online tools, and consider forming an LLC to
keep your new company on track and keep your sanity while
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