One of a small business owner’s largest expenses is rent. It doesn’t really matter where in the world they are, rent on a commercial building is expensive. Which is why, next time your small business customers come to you for advice on how to find extra cash, you might suggest they move their operation back home.
In this age of the internet, it’s not as important to be client-facing as it used to be. Obviously, if a business is selling cars then they’ll need commercial premises, but you’d be surprised how easy it is to turn many retail businesses into an online operation which can be run from home.
It’s even easier with service-based businesses, especially those that operate mostly at their client’s homes, like gardening or window washing.
Working from home is not only cheaper, but small business owners can also claim tax on it as well.
The below article looks at the benefits of running a business from home in more detail.
Read the full article at: www.entrepreneurmag.co.za