Have you decided to run an online business at home? Do you have the space and tools you need to be productive?

Working from home is a very flexible option that can be extremely cost-effective for your online business. The potential for success can be great if you have the discipline to work, despite distractions, and you have the technology required to run a modern online business.

But, before taking the plunge, there are a few things you should do to improve your ability to succeed. First, identify a separate room for your office. Your work will require it because you will need it psychologically to reinforce the fact that you are at work. A separate room solely devoted to your business is also useful to claim the home office deduction on your income taxes.

Working From Home

Your room should be big enough for a desk, chair, computer, phone, file cabinet, bookshelves and workspace for assembling materials, as needed. If you will be meeting customers, you need enough room for chairs or a couch and a table.

Once your space is sorted out, you now need to equip your home office. Make sure to have enough electrical outlets, installing extras as needed, for your office equipment. You’ll need a dedicated phone line for your business (separate from your regular home phone line) for phone and fax support. You will also need a high-speed Internet connection. There are several companies that now offer package deals that include phone and Internet access such as Verizon Fios. You may also want to install a wireless connection. Depending on the service you select, a wireless modem

may be included in the package and is great if you need an occasional change of scenery around the house.

As a final note, you should check with your homeowner’s insurance policy to make sure you are covered in case of loss. Some policies specifically exclude businesses from coverage. Whatever the case, your best bet is to have a home based business endorsement that specifically covers your online business.

Share and Enjoy:
  • Twitter
  • del.icio.us
  • Reddit
  • Facebook
  • StumbleUpon
  • Technorati
  • Mixx
  • Ping.fm
  • SphereIt
  • Sphinn
  • email
  • PDF
  • Print

No related posts.

Tagged with:

Filed under: Internet Marketing

Like this post? Subscribe to my RSS feed and get loads more!