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Are you ready to upgrade from your home office?

Are you ready to upgrade from your home office?
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Are you ready to upgrade from your home office?
Siobhan Stirling - Sharp Minds Communications by Siobhan Stirling - Sharp Minds Communications
Owner/Director - Sharp Minds Communications Ltd

As every entrepreneur knows, you don’t just wake up one day and have a national business with offices all over the country.  It normally starts with the germ of an idea, which you nurture in your spare time, at home, and slowly develop into the business you want.  Of course, working from home is low cost, but this isn’t the only thing to consider when deciding if it’s the best solution for you.

The virtual solution

There are many ways to branch out of your home-grown business.  To provide a more professional look, your first step might be a virtual office; this will give you a business address to instill confidence in potential customers and partners, while keeping your overheads low and retaining the benefits of working from home, such as no commuting time or costs and flexibility about when you work.

Virtual office services include: 

  • call answering for when you are out or have too much on your plate
  • meeting rooms for when you want to provide a potential client with the best quality care
  • free car parking for both you and your customers

A virtual solution also gives the budding entrepreneur one of the most valuable business assets – time; to allow their business to grow at the right rate without being pushed into more expensive, long term decisions.

Stepping up to a proper office

Of course, a virtual office can’t provide solutions to the distractions and downfalls of working from home; having your kids screaming at one another when you are on the phone wooing a new customer is, at the very least, stressful.  Real offices can provide an atmosphere that is more conducive to productivity, and help you gain back a distinction between your personal and professional life, which can be hard to achieve when you work from home. 

You may also need to step up because you have simply outgrown your home space, for example if you are taking on employees or need to be able to store stock. 

Pitfalls to watch out for when taking on an office

If you are thinking of taking on an office, make sure that:

  1. you are financially ready and that your cashflow will accommodate the increased costs
  2. you aren’t tied into a lease that will stop you from being able to grow for a long time

With CapitalSpace’s flexible monthly contracts, you don’t have to worry about being stuck for a year in an office you have already outgrown; our flexible terms enable you to scale up and down with ease.  Along with this, you now have somewhere with facilities like printing and photocopying, CCTV, high-speed internet connection and free parking.

If you’re not sure whether you’re ready for a proper office, your local CapitalSpace Centre Manager will be happy to talk you through the options so you can see what might work best for your business.

To find out how Capital Space business premises could benefit your growing business,  call 0800 107 3667