Tim Green Commercial
If you're a sole trader and work for yourself, deciding what to
do about a workplace can be confusing. Do you work from home or do
you try and find office space? Should you share a space with
someone? And of course, most people who work for themselves realise
the difficulties of maintaining a steady stream of income to pay
for your expenses. If you're a sole trader, what can you do about
Work from Home
This is perhaps the most popular option for the sole trader,
especially if you're a freelancer. You've already got a perfectly
good study, why not make it your home office? These days you can
stay in touch with email, text messages, web chat - the whole lot -
and you don't even have to change out of your pyjamas! However,
this may not be the ideal solution for some businesses. For
example, if you live outside of the city, it'll be hard for you to
travel to meetings. Other sole traders, such as solicitors or
accountants, will require a separate office space for
professionalism and credibility.
Rent office space
For many, renting a small office space will be the best solution.
There are actually some relatively affordable commercial property
options if you work for yourself, since you won't need much space
and generally don't require a prominent street presence. Consider
how much space you'll need including storage, whether you'll
require a reception area, signage etc. Also take into account how
long you'll need your commercial offices and what sort of terms
you'll be locking yourself into. For example if you take on longer
term consultancy position at a larger company, you'll often end up
using their facilities instead.
Share office space
For some, sharing an office space could be beneficial.
Many creative artists and designers will rent studio space from a
larger institution or operate out of related premises, such as an
agency. Associating yourself with a larger company could have many
benefits and could be good for business. However, think about
issues such as privacy, competition and whether you'll be able to
work effectively in such an environment.