SME City

View Nagesh  Kumar 's Profile
Home Run SME
I have been running my small business from home for several years. It has been reasonably successful and I have two people working with me who also operate from their own homes. We have been discussing moving to business premises so that we can all be together. Is this a good idea?
Asked by Nagesh Kumar | Aug 8 2018 | Report this Report abuse
Replies (1)
View Kunal  Gupta 's Profile
Many businesses of all sorts start from the founder’s home. Typically, the front room, a spare bedroom or even the kitchen table. This is helpful since it reduces overheads in the early stages. But it can also impede growth for a variety of reasons. What you need to do is decide whether the advantages of your current situation still outweigh the disadvantages. If not, it may be time to move. But then you have to consider a whole range of other issues, such as where to be based and whether to buy or to lease.
Aug 15 2018 | Report this Report abuse