When you’re wondering how to start a consulting business from home, successful entrepreneurs will advise you to formalize an office. Make sure you have a space where you can separate your business from your home life. An article on the SCORE website provides some tips on setting up a home office, which we’ve adapted for a consulting business:
Location, location - Ideally, you’d have a separate room to convert into an office, but consider your needs. Do you have children? Is it better to have a room down the hall with a door you can close, or would you rather outfit a cubby near the kitchen? Other considerations are to choose a space that is well lit and has good ventilation.
Equipment – The article suggests evaluating the equipment and furniture you will need and planning for an organized space. This also means being ready to move some things out of the space. You don’t want to work in a storage space, but a functioning office.
Set up a file system - Those with knowledge about how to start a consulting business from home stress the importance of setting up a filing system that works for you. You need to have crucial business files at hand, and you don’t want to waste time looking for things. (Editor’s Note: Use the same discipline when designing both paper-based and electronic storage.)
Start tracking your expenses – Meet with your accountant to find out how many of your expenses are tax deductible or do some research on the Internet for computer consulting firms. Then start tracking your expenses immediately.
The secret to how to start a consulting business from home is to plan ahead and be organized. If your home office runs smoothly, share some tips in the COMMENTS below.
And to follow-through on the tips introduced in this short post, be sure to download your free copy of the special report on How to Start a Computer Consulting Business: 6 Proven Ways to Build Your Initial Client Base.
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