Tips For Running A Home Based Business

6/10/2015

Establishing a home-based business is a venture that many people pursue. Talking with clients directly, working in the comfort of your home, and setting your own hours are all aspects that people look forward to. Before launching a business in your home, however, it is important to develop a personal mission statement that articulates how you plan to maintain a work/life balance. Take some time to ask yourself the following questions before launching your business venture out of the comfort of your home.

How Will You Separate Work From Home?

Many people who work in an office are able to shut down their computers at the end of a long work day, head home and spend an evening with family and friends without the interruptions of phone calls and emails from clients. It is even more important to plan how you are going to set boundaries between your personal and professional life when you are working from home to ensure that you have a proper work/home balance. To maintain a balance and be structured in your work hours, if you choose to stop work at 5:00 pm you should;

·         Set your phone to silent

·         Turn off all notifications

·         Create an email notification for those who email you after hours, stating that you will contact them during work hours

·         It is very important when working from home that you create a separate space for your office - either in a separate office, spare bedroom, basement or even the garage, so that once the door is closed you are literally, “Out of the office.”

How Will You Structure Your Day?

Working from home can have its benefits, but also its distractions. Structuring your day and planning out when you will take your lunch and short breaks is important as it will help to minimize distractions from taking over your entire work day. If you choose to turn on the television to catch a weather report or the morning news, set a timer so that you can monitor your time. If you need to clean your home or head to a grocery store, do so during your lunch, or add it into your schedule as a task that needs to be completed before the end of the day. Many people list every task that they have to complete and when they plan to accomplish them. For example, the below schedule may work for you: 

·         Check email for one hour in the morning, and one hour in the afternoon

·         Catch up on phone calls after you have caught up on emails

·         Write a to-do list so every task is accounted for

·         Invest in management software that helps tracks and manage your busiest days

Can You Outsource Your Work?

Many of us follow the saying, “If you want something done right, do it yourself.” Depending on your business however, it may be beneficial for you to outsource some tasks to lessen your workload. You may choose to hire interns or those who can also work home, such as graphic designers, social media managers and bookkeepers. Outsourcing some of these tasks will allow you to devote time and attention to the critical jobs and projects.

How Will You Manage Family Time?

Running a home-based business means that you are able to cut down on your commute and spend more time with family and friends. Unfortunately, many entrepreneurs find themselves working into the night and missing out on quality family time altogether.  As stated above, it’s important to be able to balance your professional and family life. Through structuring your day and outsourcing tasks that can be outsourced, you are already increasing your productivity. It is imperative however, that you make the mental decision to set aside work for the evening and spend time with your family. To further remove yourself from work and the pressures of your day, schedule fun outings for your family, such as a dinner out, or even a bike ride. As a small business owner you need to reward yourself for all the hard work that you do, by spending time with your family.  

Creating a home based business is not only exciting, but can be very rewarding. To get the most out of working from home, be sure to establish some boundaries and create a personal mission statement for yourself to help you maintain your work and family life. 

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