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Do I Need an Office?4:27 with Paul Boag
Don't rush into getting physical office space for your business. You might discover the benefits of a home office outweigh the needs of a central location.
So another big decision beyond do I hire someone is do I need an office 0:00 and this is probably more of an urgent question 0:05 if you're setting up as free lancer for the first time. 0:08 My advice, don't rush in to getting an office. 0:10 You need to spend a moment thinking what an office actually offers you 0:14 before you rush into getting one. 0:18 It can be a great place for bringing clients 0:22 and that certainly is a huge benefit of having an office. 0:24 It is also good to have a working environment somewhere separate from 0:27 your home life where you can concentrate on work. 0:31 You're looking for somewhere that's free from distractions 0:34 that you have in home life. 0:37 You don't want to be worrying about whether 0:39 you put the laundry on in the middle of the day. 0:41 So there needs to be clear distinction between work and home. 0:44 Lot of the reasons for having an office can also be done at home. 0:49 So there is a real option here to work from home atleast initially in your business. 0:55 For example, although an office is great for bringing clients to 1:00 that's not your only option. 1:05 A lot of clients actually prefer if you make the effort to go to them. 1:07 So having an office isn't necessary as beneficial as it first sounds. 1:10 Secondly, you can save a lot of money from working at home. 1:15 A lot of money that would've been spent on rent and other bills 1:19 and you can spend that money on creating a nice working environment 1:23 with a great office chair and a good desk and a nice monitor. 1:26 In lot of ways, those things are more important 1:31 than the physical room that you're sitting in. 1:33 However, if you do have a home office, you need to make sure there is 1:35 good isolation between home and work, a good separation. 1:41 And that could be something as obvious as a big solid door 1:46 between your office and the rest of the house. 1:51 You want to keep things quiet. You want a nice quiet working environment. 1:55 And if your home doesn't enable that for whatever reason, 1:59 then by all means go and rent yourself an office elsewhere. 2:02 If you are going to have an office at home, you need a good routine 2:06 that separates your work and home life. 2:10 I've seen all kinds of different ways of doing this. 2:13 For example, I know people that at the end of their working day 2:16 will walk out their office and they will lock the door so that they're not tempted 2:19 to go back in later in the night and start working again. 2:23 I know of other people that make it clear to their family that they're going 2:27 to the office by actually putting on a pair of shoes, leaving the house, 2:31 going for a walk, coming back in, going to their office, and working all day. 2:36 And in the end of the day, they repeat that process, 2:41 taking off their work shoes and putting on their slippers. 2:43 However, offices are good in certain situations. 2:48 If you don't have a dedicated place to work from at home, 2:53 that's separate from the families. 2:57 as I say get yourself an office. 2:59 Also, if you're working in a team, you're going to need an office, 3:02 a place where you can come together and work 3:05 but if you do get yourself an office, there are two things to consider. 3:07 First of all, please, please avoid a long term commitment. 3:13 A lot of people sign up to an office for an extended contract 3:17 and then their circumstances changed. 3:22 Maybe they hire more people, maybe they don't need an office anymore. 3:24 So don't sign a long term contract at least not in the early days of your business. 3:29 There are certainly enough places which allow a month's rolling release 3:34 on a contract that there is no need to sign a longer term arrangement. 3:38 Also, consider the hidden costs. 3:43 With the office that you hire, there maybe all kinds of 3:46 additional cost that you need to consider. 3:50 For example, there might be rent or rates that you weren't initially aware of. 3:52 You might have to pay utility bills for things like Internet access, 3:58 telecommunications and in some situations, you even 4:03 need to pay money to access a separate meeting room. 4:06 So, what's the summary here? 4:09 The summary is having a home office is a good place to start 4:13 but as you grow as a business as you take more members of staff, 4:17 you may want to eventually consider getting yourself a permanent office. 4:21
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