One of the most exciting and important aspects of planning your business is deciding on location.
If being close to your family is a priority, a home-based business may be the answer. "But consider the nature of the business you want to open," say John Sortino and Susan Shelly, authors of The Complete Idiot's Guide to Being a Successful Entrepreneur.
Ask yourself: Are your customers required to visit your home frequently, for example, for music lessons or to view handmade jewellery? Can you work around this - for instance, could you visit your customer instead? Does the business require a lot of space for inventory storage or order processing? Does the business produce undesirable side effects like noise, air pollution, foul odours or toxic waste?
Some businesses that you can run easily from your home include those that are usually run in an office - for example, computer programmin, secretarial services, accounting and graphic design.
Service businesses, such as house cleaning, construction, or interior design are also possible. All of these can be run from a small area in your home - even a corner of the living room.
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