How to start a business from home

Before you start a business from home, you should consider a few important things.
A suitable home businesses
There is a wide range of businesses that you could run from the comfort of your own home. Here are seven examples:

Service business: This could utilise some of the equipment or materials you already have in your home. For example, you could use your car to start a delivery service. You could become a franchisee of a service company as well. You could fix things like bikes.
Desk-bound business: As long as you have a home computer and a decent broadband connection, it is quite possible to work from home. Your choices range from website design, IT support, and copywriting, among many others.
Consulting: If you have a lot of experience in a certain field, why not set yourself up as a consultant? The choices here are endless.
Trade: It is quite feasible for you to operate as a tradesman from home. Most of your work may be in different locations, so your base doesn’t have to be an office. Just make sure you have good transport options.
Fitness: Many personal trainers operate from their homes. Yoga and pilates businesses are also options to consider.
Childcare: Many childcare centres start at the home. If your house is big enough to accommodate infants, then it is certainly a business option to consider, but you need to be conscious of building your reputation. Also refer to the ‘regulations’ section for more information.
Food: It is realistic to operate a food business from your home, or indeed a food stall at farmers’ markets. See the ‘regulations’ section for more details.

Pros and cons of a home-based business
Establishing a business from home has a number of advantages, but also comes with disadvantages.
Pros

Save on costs: It is far cheaper to start a business from home, as

This post was originally published here - https://www.thinkbusiness.ie/articles/start-a-home-business/ on thinkbusiness

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