If you run a business out of your home, you’re in good company. Big names from Apple to Amazon started as home businesses. That said, as your entrepreneurial venture expands, you may find that your house isn’t large enough to accommodate your growing success. In this case, it’s time for an upgrade.
Buying a larger house will ensure you have the space you need to live and work comfortably under one roof. Read on to find out how to maximize your space.
Determine your needs and do your research
Before you jump into the real estate market, make a list of your needs. How many bedrooms do you need? Do you want a garage—for example, to stash business inventory? Do you prefer an urban or rural location? Price is also a factor. You can research location-specific home prices and familiarize yourself with national trends. Once you have your list of “asks” in mind, you can find a suitable realtor to help you realize your vision.
Close the deal
Once your real estate agent has helped you find a property, it’s time to close the deal. Before signing any paperwork, get a home inspection. In this process, an objective third party examines essential structural elements, from the roof to the plumbing. If there are any issues that would detract from the property value or make it dangerous, they will let you know.
You will also have to make sure you have the money on hand to make the down payment on the property. The Consumer Financial Protection Bureau provides a guide to help you determine your down payment. While it used to be normal to make a down payment of at least 20% of the total property value, this is no longer a hard-and-fast rule.
Set up your home office
Once you’ve closed the deal and transitioned to your new home, you can get to the fun part—setting up your office. First, choose the right space. Opt for a room that’s quiet and set away from high-traffic areas like the kitchen. Next, consider painting. Opt for a color that’s shown to boost productivity, like blue.
Once the room is ready, you can start furnishing it. Create an ergonomic setup that will enhance comfort and boost concentration while you’re on the job. Ergo-Plus provides a head-to-toe guide on how to ensure your space is ergonomically friendly, covering everything from where to position your monitor to keyboard placement.
Add productivity-boosting elements
With the major elements organized, it’s time to add the smaller details that will ensure your home office is a productive space. Start with the lighting. Let in as much natural light as possible. If you don’t have many windows in the room, add interior lights. Why? Research shows that a well-lit space improves concentration and productivity.
Decorative touches can also make a difference. For example, having plants in an office is shown to boost wellbeing and productivity. If you don’t have a lot of time to devote to plant care, pick low-maintenance greenery. Succulents are an easy option that don’t require much time or attention.
Upgrading to a larger house to accommodate a burgeoning business requires time and financial investment. However, the effort will be worth it once you have your dream office.
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