How to Start a New Business as You Move Into a More Suitable Home

How to Effectively Merge Home and Business
September 8, 2021

Whether you’re a new small business owner or an established one looking to grow your business with a side gig, the struggle to find affordable space that’s also conducive to running a business and living a normal life can be real.

If your current residence isn’t sufficient for your home-based business, moving may be the best option in order to grow your company. Follow these steps from ThisIsLivin Homes to help you get started on your journey.

Determine How Much You Can Realistically Afford

Investopedia notes that before you even start looking for a home, you need to determine how . This will help you determine the monthly payments you can make on your mortgage, as well as how many months you can comfortably be in your new home before having to move out.

If you know you can afford a certain house, you can use that number as a guideline when looking for a home. Then, once you find what you can afford, you can start shopping around to see if you can find a better deal elsewhere.

Get Pre-Approved for a Loan

Getting pre-approved for a home loan will get you one step closer to realizing your dream. Plus, you’ll have a good idea of what kind of chance you stand to get a house. Your home-based business requires careful planning, and getting pre-approved is an essential component of that plan.

Find a Real Estate Agent

One of the first things you’ll want to do when you are ready to buy a home is to find a real estate agent. A real estate agent helps you find the perfect home, along with the best price and terms for your deal. Team up with the experienced agents and specialists at ThisIsLivin Homes today!

Search for a Home Online and Get Moving!

You can use ThisIsLivin Properties home search tool to help you find homes for sale. Remember to keep an eye out for homes that accommodate your need for more space. For example, you might want to consider investing in a house that features a spare bedroom that you can later convert into an office space.

Once you’ve found your ideal property, it’s time to plan for moving day. Although it is possible to make the move yourself, it’s advisable to enlist the services of a professional moving company. Finding qualified movers is easier than ever; simply Google “best moving companies near me” and read up on customer ratings and reviews.  As you narrow your list, be sure you get written quotes on what the move will cost, which should factor in the number of pieces of furniture, and whether you want a full-service move that includes packing and unpacking.

Marketing Your Business

Once you’re settled into your new space, it’s time to work on building brand awareness. One of the best ways to do this is by creating a memorable logo for your business. With the right logo, you can make strong first impressions with potential clients in your area. What’s more, a well-designed logo will help you stand out from the competition, of which there might be many, depending on where you moved to.

As a new business owner and having just moved, you want to keep costs down as much as possible. So rather than hiring someone to design other graphics, such as infographics, you can use an infographic template online for free. When you find the one you like, you can adjust everything from color and text to images and icons.

Consider Forming a DBA

NerdWallet explains that a “DBA,” or Doing Business As, is ideal for small business owners who want to branch out later and sell other products under a different name. Not only that, but DBAs let you market your brand under a different name in the event that your business’s domain isn’t available.

Simultaneously launching your venture and moving into a new home can seem a daunting task, but by following these tips you’ll find that it is, indeed, doable. With proper planning and a well-executed strategy, you’ll be up and running in no time!

 

Comments are closed.

%d bloggers like this: