Wherever you look on the internet, people are telling you that working from home is the new desired job. Of course, to a person who has to commute to work every morning, the idea of staying at home to work instead sounds irresistible. But, just like any other job, a home-based job has its cons. So, if you’re thinking about starting a new business and working from home, here are the pros and cons you need to weigh up.
The biggest pro to working from home is, of course, the flexibility. You are your own boss, so you can work at any time of the day and take breaks whenever you like, without having to wait for colleagues to return before you’re free to go. You’ll likely save a lot of time and money on transport costs because you won’t have the early morning, rush hour commute anymore. You can even stay in your PJ’s all day if you want to and no-one can say a thing. You’ll also get the benefit of a home office. Take a look at how to create the home office of your dreams.
There’ll be certain things you can claim on your taxes, like your laptop and internet costs, so running your business from home will cost much less than trying to set up in an office somewhere. It’s especially convenient for mothers who want to work around their children. You’ll be able to do work in between school runs and often get the housework done while you’re waiting on things for the business.
You have to be extremely self-disciplined. When your alarm goes off in the morning and you don’t have to be at the office, you have the option of either staying in bed or getting up to do some work. It will take everything you have to get out of that bed when you’ve only got yourself to answer to. On the flip side, you may get so enthusiastic about your new job that you work more than you should and exhaust yourself. You won’t have the company of colleagues anymore and you may find you miss talking to others throughout the day.
When you fall ill, you no longer get the benefit of a salary. If you can’t work, you don’t get paid. It will be difficult to separate your home life and your work life because it’s now all in the same place. You’ll still be under pressure to meet deadlines for clients, except now you’ll have a thousand and one distractions around you too. You’ll have to work harder to stay ahead of industry developments because you won’t have people around you talking about them.
Working from home makes sense for a lot of people, but it certainly isn’t an easy option. Ask yourself questions like, ‘Do I enjoy the company of others?’ and ‘Will this fit in with my lifestyle?’ before making a decision. If you do decide to work from home, try and stick to certain rules, like getting dressed appropriately for work every day. When the mind is in the right mode, the body will follow.