Written by Emily Graham.

Are you tired of your current home and looking for a way to either downsize or trade up? Perhaps along with other life changes, you’ve decided to become an entrepreneur and start your own business. Although you might feel unsure about moving while starting a business, it is possible. Learn how you can streamline the process and begin working for yourself while setting up your new home. 

 

Find the Right Home First

 

Before you start arranging the move, you must find the right home to meet your needs. Will you need more space or less? Make sure you are looking at homes that are structured for the lifestyle changes you want to make. There’s no point in getting a home that is too big or small if you are moving to make a new beginning.

 

If you are relocating to a different state, now is a good time to research the neighborhood you plan to live in and find out where services you will need are located. You’ll need to set up a new bank, find personal services that you plan to use such as a doctor and dentist, and lay the foundation for your new life. 

 

Pack Only What You Need

 

When you’re moving, it makes sense to pack only the items you’ll need. Moving can be an excellent time to get rid of junk, such as furniture that won’t work with your new home, clothes you don’t wear anymore, or any belongings you simply don’t want now. You can even sell these items for money. 

 

  

 

Simplify the process by packing up what you know you will take but won’t have a use for in the near future. Labeling and color-coding the boxes according to the room they are going to can make it easier to unpack once you get into your new home. 

 

Decide How Much Space Your Business Needs

 

During the moving process and once you get to your new home, decide how much space your business needs. Will you be fine working in a small room, or will you need to upgrade? If you are expanding, look for other rooms that could work, such as a large basement or garage that you could devote just to your business. Be sure to calculate the area for tax purposes, which experts recommend for any home business owner with a dedicated workspace. 

 

You don’t have to have all the areas of your business fully mapped out, but knowing you can upgrade later on can make a helpful difference, especially since there are benefits to working from home. 

 

Invest in Your Business

 

While your business is still in the start-up phase, it’s important to invest in it. This can go beyond having the right tools and equipment. While many entrepreneurs only can learn from their mistakes, having or gaining an accredited background in business is always helpful.

 

One example is earning a business degree online to strengthen your skills. Once you graduate, you’ll have helpful skills such as auditing, reading financial statements, and using accounting while running your own business. When you earn a degree online, you can balance school between work and family.

 

It’s possible to move your home while starting a business at the same time. The key is being able to balance between the two, settling into a new place while finding ways you can make improvements and grow your own company. 

 

Image via Unsplash   –   Emily Graham writes for MightyMoms.net

 

More info on Making Money at Home lives HERE!

About Don Martin

Don is the founder of Martin Properties and The Reasonable Realtor, a blog about DIY home and personal finance. He went from being a manager of a Sports/Luxury car dealership to starting his own real estate company.  It grew from 0 to 16 agents, and he took it state-wide from Nashville, to include Knoxville, Memphis, and Chattanooga. His business has included training agents, counseling For-Sale-By-Owners,  and writing more than a dozen books about the subject.  Join his private e-mail list (not the newsletter) HERE.