
Some home based professionals resorted to expansion but limited it to their property. To start with, they may have expanded to a few employees but their business is still at home. The advantage of this move is that they are still in control of labour cost as they can oversee absolutely everything.
On the other hand, there is one thing businesses should always maintain: image. A home based setting could be very difficult for those who wanted to work with larger accounts. Large businesses do not want to be part of a home based operation because small operations might not provide the needed quality and quantity big businesses need.
If your home based business has to expand to another location or a proper business setting, be sure to write down everything you spend. You have to be very specific since this move is very risky so you have to be calculating to determine if the business move will be to your advantage.
Last but not least; make sure that your business improvement is within the law. Consult with your lawyer or the citizens advice bureau on the requirements for expanding your business. Part of your image rests on the legality of your business and without the right documentation your business cannot work well.
No comments:
Post a Comment