Have you decided where to start your small business? So many work in a traditional brick-and-mortar business setting, while others choose the convenience of a home office. Here are the pros and cons of remote work!
Pros
There Is No Commute
Did you know that the average American commute is 26.6 minutes, meaning it takes nearly an hour to get to and from work every day? Skipping the morning commute saves you time, headaches, gas money, your carbon footprint, and even your car! By not driving your car every day, you are preserving its condition and prolonging its lifespan. This means fewer maintenance payments in the future!
There Are Fewer Expenses
Working from home comes with its own office supplies. If you were to rent our office space, you would have to buy furniture, equipment, and supplies. Those materials can add up fast!
Look For Tax Benefits
Setting up a shop at home means you may qualify for some tax deductions! For example, using your monthly expenses like your mortgage, utilities, property taxes, and home maintenance fees qualify you. Check your IRS rules and regulations!
You’ll Be More Productivity
Studies show that remote work increases performance by 77%. Remote workers remain more focused, take fewer days off, and allow for more flexibility. Owning a home office allows you to work when you work best. Night owls and early risers can adjust their schedule to their most productive times.
Cons
Watch Out For Licenses and Permits
Depending on the location and nature of your business, you may not be able to work from home. Check with your landlord or Home Owner’s Association for any restrictions against you. There may also be governmental regulations to watch out for. Going against government restrictions may give them the power to shut your business down completely before you’ve really had a chance! So cover your bases before you start to avoid headaches and financial problems down the road.
Limited Space Can Be Challenging
To do your best work from home, a space must be dedicated to create a home office. Common spaces can be converted, such as spare bedrooms, basements, or study rooms. However, if you have a smaller home or a large family, this type of space dedication may be hard to create.
You Might Experience Insufficient Communication
Video software and emails have broken various barriers for remote work, but it is sometimes hard to replace face-to-face communication. Interacting online takes out non-verbal cues and quick conversations that could be so important in business meetings.
It Can Be Loneliness
Some people crave the social interaction that a traditional office can bring. For these kinds of people, a home office environment can be isolating and eventually affect their mindset. Unfortunately, if you are someone who craves face-to-face interactions, remote work may not be best for you.
There Is a Lack of Storage Space
When you use a brick-and-mortar office, you have plenty of space to store your documents and records. However, moving your office into your home means squeezing storage space where there may not be any. Luckily, there is a solution! Keep your home office clear and organized with self storage! Self storage is a great option year-round, and we offer sizes for every need! Check our storage guide to see which size is right for you.