Use your home as a workplace
Advantages and disadvantages of working from home
Using your home for business purposes is a common choice for people who just need a small office, or who spend most of their time working at client locations. However, there are advantages and disadvantages of working from home which you should be aware of.
Advantages of working from home
Working from home can have many benefits for you and your business including:
Saving you money
Save on start-up costs, as you do not need to buy or rent business premises.
Saving you time
Save time that would be spent on looking for suitable business property.
Avoid becoming tied into long-term tenancy agreements.
Arrange work around family commitments.
Help from family
For example, they may help you with filing or general administration tasks.
Minimise travelling time
Save on time and money spent travelling to work.
Avoid the noise and distractions of the workplace.
Disadvantages of working from home
However, there are challenges to working from home too. You may find there may be disadvantages such as:
- difficulty separating home and work life
- the initial expense of setting up your business at home
- domestic distractions and interruptions