While we have all been stuck at home during the UK lockdowns, many people have been hard at work.
Whether it’s developing lucrative side hustles or setting the wheels in motion on a long dreamed of business plan.
The Office for National Statistics (ONS) reported more business openings in the first half of 2021 than the previous year. With the UK seeing nearly half a million new businesses launch in 2020.
If you’re finally making headway of your business, here are our tips for launching it from your home.
Business plan
The first thing you’ll need is a solid business plan, so you know exactly what your business is doing, how it does it and what your business objectives are.
You can create a rough business plan yourself but seek support of other business owners you know to develop a solid plan.
Hardware set up
From secure broadband and phone lines to your computer and other accessories, it is important you are set up with the correct hardware right from the start.
You might need specialist equipment for your specific business but try not to spend more than is necessary in the initial stages of setting up.
Software set up
You may have business specific software you need, especially for creative or tech businesses, but some software is universal.
Virtual meetings and virtual event platforms have become essential for doing business remotely and working with your teams and potential clients.
Creating a space for work
You need a dedicated area or room to run your business from. Ideally, set up your business operations away from your daily life so you have a separation between work and home life.
Box rooms, garages, converted sheds and loft rooms all make ideal places for home offices away from living spaces.
Building teams remotely
No man is an island, and neither is his business. You will inevitably need to build a team to help your business grow.
Get good at communicating remotely to build connections and work towards success.
Adhering to a schedule
When working from home, it can be tempting to work overtime, sometimes without even realising you’re doing it.
Set yourself a daily schedule and avoid burning out by factoring in downtime every day.
Making time for you
Running a business is hard work and can be all consuming. Try not to let work overtake your life by carving out space and time for your hobbies, health and family.
However you decide to set up your business from home, get the basics right and give yourself more time and space to work towards success.