4 Tips for Entrepreneurs Starting a Business During a Move

If you need a change of space to accommodate your growing home and your new home-based business, it might be time to consider relocating. Buying a home in Alaska can be a very inspiring and relaxing way to live and make a living as a small business owner. 

At First Class Realty Group we’ve helped home and business owners find the right space to accomplish all their life goals. Are you thinking of moving to accommodate starting a home-based business? We’ll help you get an idea of things you should consider as you plan where your next home and home office could be.

Earn Extra Cash in the Gig Economy
If your priority right now is getting your business off the ground, but you don’t want to spend all your savings while house hunting, consider earning extra cash in the gig economy. Perhaps you could work as a contractor or pick up project-by-project work on job boards like FlexJobs, Fiverr and Upwork. You can keep it simple (but lucrative) by padding your funds from work through rideshares like Uber or Lyft, or personal shopping, like Shipt or Instacart. The gig economy lets you set your own hours, so you can still dedicate the time you need to boosting your business and landing your dream home.
Pursue an Online Degree
Nothing can prepare you for the business world like a master’s degree. Planning your move and the early stages of starting a business could also be the perfect time to enroll in an online master’s degree program, especially one that focuses on leadership, marketing, business administration, human resources or other areas important to small business. You can start your new business on the right foot by going back to school and earning an online degree in some of today’s most-needed small business skills.

Buy a House “As Is”
Buying a house "as is” an effective way to get a bigger home for fewer upfront costs. This can be a smart financial idea, just as long as you know what the house is lacking. Your expert agent from First Class Realty Group can help you along the way as you stay on top of potential repairs by hiring more than one inspector to come through and look for costly problems like a damaged roof, cracked foundation, mold or mildew, and pest infestations. Be sure to get estimates from them on when they think these renovations will need to be made. If some come sooner than later, you risk spending the time you would have used on your business to fix up your new house. 

Make a Moving Day Plan
Moving day is going to be stressful, which is why you have to be flexible. Stay organized and focused with a flexible moving day plan. Create a moving day checklist to minimize the risk of unexpected day-of challenges. If you have pets, you may want to board them for the day or have a friend take them out on a little adventure. If you have kids, give them special tasks to help them stay out of the way, yet feel included. Make sure your phone, tablet, laptop, and other kinds of technology are fully charged so you can check in on business matters anywhere and anytime.

When starting a home-based business, you’ll need to secure the right property for your career and life goals. First Class Realty specializes in helping buyers and professionals who need more focused attention and want a more personalized touch. Reach out to us today to discover how we can help you find a home that sets both you and your business up for success.

Article written by Suzie Wilson