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Would you start your business out of your house then later buy an office?

Grant

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When starting your business, did you ever start it out of your house? As in you worked through your house for a while until you could afford your own business location or maybe an office? I think a lot of people start businesses out of their homes, and once they make some money, they establish an office or some kind of place of work. Have you ever went this route when starting your business?
 
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When I launched my first business, I made a huge mistake by renting office space. I was not only spending money on rent but I even had to spend money on office furniture. The business collapsed very soon. I learned a lesson. When I was starting my second business, I operated from home. These days, I do not have offline businesses and I operate my online business from my home.
 
When starting your business, did you ever start it out of your house? As in you worked through your house for a while until you could afford your own business location or maybe an office? I think a lot of people start businesses out of their homes, and once they make some money, they establish an office or some kind of place of work. Have you ever went this route when starting your business?

There are many people that have done that. They usually start an office at home. However, many people do not necessarily buy an office or rent an office. This is because they may get used to their home and they may not see a need to pay extra or get an office for themselves.
 
Well, everything actually depends on the kind of business you want to start in the first place. This is because there are some businesses which is going to be very difficult for you to use your house as your business location. But in a situation whereby the business can be carried out in your house as the location of your business premises, then it is always going to be in your best interest to start out that way and see how successful the business is going to be before you rent an office space to start the business outside your home.
 
Well, everything actually depends on the kind of business you want to start in the first place. This is because there are some businesses which is going to be very difficult for you to use your house as your business location. But in a situation whereby the business can be carried out in your house as the location of your business premises, then it is always going to be in your best interest to start out that way and see how successful the business is going to be before you rent an office space to start the business outside your home.

Renting an office is not that easy, as many people believe. The fact of the matter remains that a really high cost of living is having a really huge impact on many people. This is also one of the main reasons why so many business owners are interested in starting a business from home.
 

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Would You Rather #9

  • Start a forum in a popular but highly competitive niche

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