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Part 3: Working From Home
You also need to consider if your family and your work style will support operating a home based business. Working from home can be idyllic if your family is prepared to support your plans to start a home based business and if you're prepared to deal with the potential problems of actually working from home. Before you start a home based business, think about:
Your family - You're not the only one involved if you start a home based business; your whole family will be involved in the enterprise, for good or ill. You need to consider how running a business out of your home will affect your family.
While many people start a home based business thinking that they'll be able to spend more time with their family than they would otherwise, the lack of separation between your business and personal life can seriously interfere with family activities. How will you keep your family life and your work life separate and how much time can you realistically devote to both?
You also have to consider everyone's expectations. Will you expect your family members to pitch in and help with your home based business? How will your family members feel about this? Discuss your home based business plans and expectations with your family first, and find out whether or not they're prepared to actively support your business.
Your work style - As much as everyone likes to fantasize about it, working from home isn't for everyone. Before you start a home based business, you need to think about your personality and your work preferences. The three main problems of working from home are:
Working from home can increase your feelings of isolation and lack of contact with colleagues. Many people have difficulty coping with working alone for long stretches of time. This is especially difficult for those who are used to working in busy office environments and being surrounded by people.
Working from home can cause increased family stress, because of the difficulty of separating business and home life. I've already touched on this, but it's important. If you thought bringing a new pet into your home was stressful, wait until you start a home based business!
Working from home calls for self discipline and the ability to plan and manage one's own time. On the one hand, being your own boss means that no one else is telling you what to do. On the other, if you don't keep yourself focused and on task, no one else will.
How will you handle these potential problems of working from home? Thinking about your work style and devising strategies to deal with these potential problems of working from home ahead of time can make all the difference when you're faced with actually doing it.
Last, if you want to start a home based business you need to consider your own personality. A home based business is still a business, first and foremost, and not everyone is cut out to be a business person. Are you entrepreneurial? Continue on to the next page to find out...
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From Susan Ward,
Your Guide to Small Business: Canada.
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