4 Disasters Entrepreneurs Never See Coming

As soon as a company is up and running, it’s your job to keep it alive and expand into the market. Unfortunately, 80% of startups fail at some point and it’s not because of an inhospitable environment. In reality, a company’s shutdown is often due to an internal or external misfortune or a piece of bad luck. Disasters are everywhere and SMEs aren’t exempt from their impacts. The key to stopping them from hurting your business is to spot them coming and put defences in place. However, it’s tough when you don’t know what form they will take.

Here are four common disasters bosses never see coming for your information.

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Personal Injury Lawsuits

Although they happen to other business, personal injury accidents are something you may not anticipate. Sure, they will be basic rules in place, but they are only to comply with the HSE’s rules and regulations. But, a court of law will see almost every accident as the fault of the employer even if there are safeguards in place. And, that could cost you millions of pounds if the lawsuit escalates. Investment in equipment is essential as personal protective equipment reduces workplace injuries. Also, training employees is important too as it gives them the tools to avoid potential risks.

Intellectual Property Lawsuits

IP claims are nowhere near as common as trips and falls and accidents in the workplace. The only time you’ve experienced one is when you read about two massive firms going back and forth in court. For SMEs, they don’t apply… until they do and cost the business a fortune. It’s important to realise that intellectual property takes many forms from videos, images and brand names. So, if you use a picture without permission, you may end up in court. Be safe and always clear material before including it within your company’s strategy.

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Fraud

Customers, client, and employees are liable to steal if they get the opportunity. It’s worth noting 99% are honest, yet there’s 1% that will get a mile if you give them an inch. Fraud, serious or not, takes many forms and costs businesses thousands of pounds in damages. For example, a worker with control of the accounts may skim off the top and damage the firm’s cash flow. Or, a customer may claim their package never arrived and order a second when it did. Not to sound cynical, but you can’t trust anyone which is why secure checks need to be put in place, such as an accountant.

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Natural Disasters

Mother Nature is a cruel mistress and She can put your business to the test. From floods to fires and gale force winds, the exterior and interior of the property may take a battering. When it does, the result can be thousands of pounds’ worth of damage that you need to repair before reopening. Floods and fires are the two main culprits. You can never trust the weather, so it’s worth taking action by storing data offsite and investing in a comprehensive insurance policy.

To ensure you’re never caught off guard, you need to plan for every possible scenario.

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Next Day Prep: Help Yourself Have A Great Day In The Office

One of the main keys to having a more efficient and productive day in the office is to prepare well for it. This is important advice for any entrepreneur, whether you are in charge of a large corporation or you just run your own company from home. Good preparations the evening before will help the next day run as smoothly as possible.

Here are some of the best next-day prep tips that can get you ready for a very busy day at work.

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Write A To-Do List

Once you have finished all of your tasks for the day, it’s a good idea to take a look at what needs doing when you are back in the office again. Once you have an idea of everything that needs doing, it’s worth writing yourself a to-do list. This will remind you of what needs doing once you return to the office. You should also find that working your way through a list can keep you more focused on the tasks in hand.

Leave The Office As You Want To Find It

If things have been a bit hectic, you might find that the office gets very messy. No one will be too bothered about cleaning while they are busy with their other responsibilities. However, it’s important that you do clean up before you leave for the day. That way, the office won’t be such a tip once you return the next day. If you are really pushed for time, you could always hire ServiceMaster Mercia or another cleaning company to come and take care of your office for you. Then when you arrive the next day, you can get straight on with your work and won’t be distracted by any cleaning or chores.

Make Lunch

If you don’t already, it’s a really good idea to start making your lunch in advance. You can make up a packed lunch for yourself in the evenings. This can be as simple as a sandwich with a piece of fruit. Once you start taking your lunch with you, you will find that you waste hardly any time nipping out the office to buy something. Not only that, though, but homemade lunches are often a lot healthier than buying one out.

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Lay Out Your Clothes

One tip that many busy people use is laying out their clothes the evening before. They then don’t need to waste any time in the mornings trying to decide what to wear for work. It will save them a lot of time and can greatly cut down their morning routine.

Double Check Your Diary

Take one last look at your diary for the next day in the evening. You can then remind yourself about any important appointments or meetings. This also gives you the chance to get mentally ready overnight for any potentially difficult pitches or meetings you need to take part in.

There are lots of ways you can prepare for the next day. Once you do, you’ll find that your working days go without any hitches!

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The Startup Costs You Might Not Have Considered

Many of us long to start our own business. Some of us want to work online out of a home office, and other people have dreams of opening their own shops, restaurants or offices. We look forward to a time where we can be our own boss and even employ staff to help us. Sometimes, these dreams go into detail. We write up business plans, we have lists of ideas and options, and we have firm ideas of what we’d like to do. Some of these dreams are born of bad days at work or inflexible working arrangements.

More of us than ever before are making these dreams a reality. We’re serious about them and are ready to take the first steps towards getting our startups off the ground. When we get to this stage, budgeting is an important consideration. We need to understand our startup costs and have a budget prepared. We need to know how much we’ve got, how much we need to borrow and how much investment we need to secure.

To do this realistically, in a way that will actually help you, you need to understand your startup costs fully. All of them. Most of us consider things like building rent and equipment, but other costs regularly get overlooked or missed off the budget because they just don’t seem significant. Let’s take a look at some of the expenses that you might not have planned for.

Utilities

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So many new businesses fail to consider the cost of their utilities. They don’t worry about Gas Oil Drums or water costs. They don’t think about how they are going to heat their office space or even essential costs like internet providers.

These costs can be a lot higher than you might expect, especially if you are opening a large store, office, warehouse or restaurant and even more so if you are welcoming the public in. Even if you work from home, you can expect your home utility bills to rise as you use more electricity, you heat your home more, and you upgrade other contracts. Do some research and factor these unavoidable costs into your budget.

Shrinkage

No one plans for shrinkage, which is, put simply, the loss of inventory between you buying it from a supplier and it reaching the customers. We don’t want this to happen, we don’t always know what it happens, but it does, and without planning for it, it can be costly. Studies show that retail shrinkage costs U.S. retailers approximately 1.4 percent of their total sales.

Essential Supplies

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Whatever your business, you need supplies. You’ll need pens and pads, printer paper and ink, chairs and desks. You’ll need toilet paper, tea bags, and a kettle. You might need an iron and cleaning supplies. Individually, these costs aren’t steep, but altogether it’s significant.

Professional Advice

As a new business owner, you might want to consider hiring other professionals, like a legal advisor and an accountant, to help you to make sure that your business is within the law and your processes are right.

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Got The Business Blues? Advice To Beat Entrepreneurial Stress

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The life of an entrepreneur is not without its struggles. While the job can, of course, be exciting and gratifying, it is also challenging too. Days are often cluttered with a variety of tasks, from monitoring and updating social media pages to sifting through business emails. Juggling these responsibilities and many more can certainly take its toll, leaving you burned out and less than relaxed. We all face stress now and then, but the relentlessness of entrepreneurial worries can have more serious consequences, affecting your mind, body, and everything else important, including your business. To avoid this, here are fifteen ways you can beat the business blues.

1. Tackle Dreaded Tasks First

When you have a job to do that you absolutely hate, it’s natural to put this task off for as long as possible. The only issue with this is that you’ll remain stressed about this job for the entire day, which will also distract you from all of the other work you have to complete. The simple remedy for this issue is tackling the jobs you’re worried about first. You’ll find them much easier, because your mind is fresh, and you won’t have to rush to get them done later when they become urgent.

2. Stick To A Routine

The business world is full of unpredictability, leaving entrepreneurs constantly on edge. Because of this, you should build structure into your life wherever you can. You can do this by taking daily habits and rituals and using them to create routines that work for you. When you wake up in the morning, for example, you could have a shower, get dressed, eat breakfast, and so on and so forth. This limits the amount of thinking that you have to do, which also saves time.

3. Head To Bed Early

Our bodies need sleep to be able to function properly. This means that, if you aren’t getting enough rest each night, or simply aren’t getting the quality of sleep that you need, then you’re going to wake up tired, which will leave you feeling stressed throughout the day. With that in mind, rest should always be one of your top priorities. Even if you have lots of work to do, you shouldn’t miss out on sleep to get it done. It will just have to wait for you until the next morning.

4. Let Out Your Troubles

Unfortunately, stress itself can make it difficult for you to nod off. However, there are, thankfully, a number of things that you can do to help you relax. Among the most recommended is journaling. By letting out your negative emotions on a page, you can gain a new perspective of them, giving you some clarity. If journaling isn’t your thing, you can simply talk about how you feel instead. You can do so with a loved one, another entrepreneur, or, more specifically, your business mentor.

5. Spend Time With Family

Your business itself doesn’t always cause entrepreneurial stress. Sometimes it’s rooted in the fact that you can’t spend as much time with your family as you would like to. This is especially true when you begin to miss important personal moments, like your baby’s first steps or your wedding anniversary. Because of this, you must ensure that you plan some time to spend with those you love. After all, it’s them that make you feel better after a tough day at the office.

6. Learn To Let Go

Business owners often want to handle all business activities themselves, which, as admirable as it may be, is almost always a mistake. Delegating work to employees and outsourcing to agencies and freelancers is much more sensible, as it frees up time for you to focus on more important things. If you’re considering CIS registration, a commercial contracting company can save time even further. It’s hard to let go, but it’s vital for the wellbeing of you and your business.

7. Work Out Every Day

When it comes to your stress, and health in general, one of the very best things that you can do is make time for daily exercise. Despite what many people believe, you don’t need to run marathons or spend hours in the gym for workouts to make a difference. A quick weight lifting session or half hour jog both provide worthwhile benefits. If you’re on a tight schedule, you could plan a walking meeting or exercise at your desk to get in your day’s physical activity.

8. Grab Yourself A Snack

Our minds and bodies are much more linked than most people imagine. Just like exercise can reduce your stress, eating the rights foods can too. Although you should steer clear of greasy and sugary snacks, grabbing yourself something to eat when you’re stressed can drastically reduce your feelings of anxiety. For the best effects, opt for something crunchy, like carrots or an apple. These types of foods can help to relieve the tension in your face, jaw, and neck.

9. Keep Your Workspace Tidy

Unbeknownst to many people, the environment within which you work can have a major impact on your mental state. Mess and clutter are common sources of psychological stress, which means that, if your office is untidy, you’re going to suffer. With that in mind, you should do your best to keep your office organised by clearing out any unnecessary junk you may have in there. By taking charge of your environment like this, you’ll instantly feel more positive and in control.

10. Adopt An Office Plant

If you find that you’re still feeling anxious in your office space, then consider adopting a little green friend. Not all stress cures have to be complicated, but buying a plant is one of the simplest ones out there. A number of studies have shown greenery to have positive effects on workers’ mental states, both for their colour and the better air quality that they create. However, dying plants can have the opposite impact. Because of this, you may want to stick to resilient varieties, like cacti.

11. Ditch Your Smoking Habit

After improving the air quality in your work area, the last thing that you want to do is ruin it with cigarette smoke. With the number of worries entrepreneurs have to face, it’s no wonder that many turn to unhealthy coping mechanisms, like smoking and drinking. However, these habits will only make you feel more stressed in the long run. With that in mind, you should consider ditching your smoking habit. It won’t be easy, but you’ll feel the positive effects right away.

12. Turn Away From Technology

When your business is conducted almost entirely online, it’s no surprise that many entrepreneurs spend large portions of their day checking the internet and their social media pages. However, these tasks and the stress that they can bring can become associated with technology as a whole. This means that, even if you check your personal social media at home, you’ll feel the same way as you do at work. For this reason, you should go unplugged for longer.

13. Pick Up A Hobby

When you work nonstop, life can become incredibly tedious and boring. Thankfully, a hobby can inject some fun back into your days. Hobbies can make anyone’s life a little more fun and interesting, thus helping to combat the stress that you may feel. Whether you join a club, engage in a sport, or just draw at home, every entrepreneur should have a least one hobby to help them relax. Consider what you like to do and find an activity to keep you busy when you’re not at work.

14. Don’t Be A Perfectionist

Business owners tend to be incredibly independent and strong-willed people. With that in mind, it makes sense why you would want everything that you do in your company to be absolutely perfect. The only issue with this is that perfection is very difficult, if not impossible to attain. While you should certainly aim to improve and try to do your best, you shouldn’t waste your time trying to get things exactly right. This will only ever lead to disappointments and unnecessary worry.

15. Commit To Holiday Time

Sometimes the very best way to fight entrepreneurial stress is to take a step back for a little while. Instead of continuing to work through particularly challenging times, head off on a short holiday with your family. This gives you time to recharge and refresh, which means you’ll be ready to take on anything when you do get back to business. Just make sure that your break is actually a break. There’s no point in going away if you plan to run your business over the phone.

We all face stress in our daily lives, but entrepreneurs have many more worries than most. That being said, the fact that entrepreneurial stress is common doesn’t mean that you should have to put up with it. Hopefully, with the advice above, you can beat the business blues and learn to love your work again.

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The Ups and Downs of Working as a Freelancer

Working as a freelancer is something that has grown and grown in recent years. With the rise of social media channels, blogs, technology, and websites, it has made it easier than ever to work for yourself and work wherever the work takes you. Many work from home; others will travel around and work remotely. The flexibility is one of the biggest selling points for freelancers. And there are many jobs that can be considered freelance; from virtual assistants, to photographers, designers, and marketing experts. So if you are considering working as a freelancer, then there are plenty of ways to do it.

The stats also show that freelance work isn’t going to be going anywhere, anytime soon. In fact, it is reported that half of millennial workers are working freelance. And with more and more small businesses getting up and going, their need for freelance work has increased, as it can be a way for small businesses to save money, rather than hire employees. All of this is good news if you are a freelancer or want to be become a freelancer. It shows that there is work for you, and that looks set to keep increasing. It also shows how many people are using freelancers by choice, meaning that as long as you are good at what you do, you are likely to have regular work.

Of course, when it comes to freelance work, there is still work to do. It isn’t all glamourous just working from home or from a coffee shop and taking long lunches. As with anything, there are really great positives, but there are also downsides to freelance life. If this sounds like something that you want to know more about, then read on; do you think that freelancing is for you?

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Being Your Own Boss

When you are working for yourself, then you are literally doing just that. You will have clients, but you are able to choose the work you take on, the rates that you set, the times that you work, and so on. You report only to yourself. You will have deadlines and so on from the people you do work for, but you can decide if you want to work more hours one day and less the next; there is no one checking when you punch in and out on the clock.

Variety

In an employed job, you are likely to have a small range of things to do. But really, you are only employed to do specific things. There are other people in the company that will do other aspects of things. But when you work as a freelancer, you will get a variety of work. The bulk of your work can be really varied, as you will have a variety of clients looking for completely different things. Plus, you have the roles of many people when you work for yourself; you can be the admin, the assistant, the accountant, and the PR team all in one.

Better Work Life Balance

It can be easier to get a better work life balance or quality of life when you are working as a freelancer. If you currently commute an hour each way to work at the moment, then that time is going to be given back to you, which can really add up over a week. You can take more regular breaks, and have more time for things like exercise or family commitments. You do need to learn to switch off as a freelancer, for sure. But when you learn to do that and leave the laptop alone at the weekend, then you can create a batter balance for yourself.

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Self-Employed Taxes

One of the downsides of freelance life is that you have to do a lot of things that someone else would normally do for you if you are formally employed. It can add variety, but can be tricky if you don’t really know what to be doing. You will get paid from clients, but you can’t just bank it all. There will be a portion of it that you’ll have to set aside for tax purposes. If you don’t know what to do, then you could hire an accountant to talk you through the process. But there are more and more ways of making tax digital, by using specific software, so that could help you going forward too. Just remember to seek help when you need it, and not put it off.

Irregular Payments

The flexibility of working when you want to does come with a price. It can mean that some months you will earn less when you take some time off or have a vacation. The same goes for simply getting paid; there is no regular pay day as you would have had normally. Some clients will pay pretty instantly, whereas others will pay pretty irregularly, or take a month to do so. From a budgeting and cashflow point of view this can be tricky, so it is worth keeping a close eye on your finances to check what you are or are not owed and when the payments are due.

Motivation

Motivation is a tricky thing when you are a freelancer. In many ways, you can be more motivated as it is your business and you can feel inspired to get out and get things done. But there will be days when you’re really not feeling up to it; that can be tricky. And when you’re alone at home, it can be easy to procrastinate. In an office environment, even on your bad days you have others around to motivate you and check up on you. So this is something that does need to be considered; are you good at working as an individual? Or do you work much better when you are part of a team?

This list is not exhaustive, and what one freelancer classes as a ‘down’ could be what other classes as an ‘up.’ So just things to be thinking about. It would be great to hear what you think.

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3 Financial Rites Of Passage

There are many times in life when you need to focus on improving your financial standing and ensuring that you are looking after your money as well as possible. When that happens, it’s good to be as prepared as you can be, so that you can more easily deal with whatever issues might thereby arise. In this post, we are going to discuss this with particular reference to three financial rites of passage which all people must go through at some point in their lives – some early on, and some a little later. If you can prepare yourself for these, you should find that you are able to keep your finances going strong, no matter what kind of external influences or pressures you might be experiencing or what is going on in your life in general.

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Moving Out

When you move out of the parental home for the first time, there are many stresses and strains which you need to deal with, and your money is absolutely one of those. You need to make sure that you are prepared for this, as if you are not then it could mean that it results in you failing to make this part of your life really work out. So what does that actually entail? Well, first of all bear in mind that this is a good time to start trying to build some strong financial habits, as that way they are much more likely to stick with you for good and you will probably find that it really helps you to do well in the future. You should also make sure that you borrow as little as possible, so you don’t end up in debt in the future.

Passing Away

When a loved one passes away, the truth is that money is one of the last things that you really want to think about. Nonetheless, you will also find that it is utterly necessary to do so, as there are many ways in which money suddenly crops up as an issue when someone has died. If you are currently going through this unfortunate scenario, you will mostly just want to make sure that you can make the money part of it go as easily as possible, with as little difficulty as you can manage. That should be easier if you get professionals to help you, and save money on things like funeralcare by looking at alternatives such as heartofenglandfuneralcare.co.uk. That way, you should find it is considerably less stressful at least on the financial side of things.

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Buying A Home

Hopefully, you will also get to the point where you can buy your own home, and when you are thinking about this you will want to make sure that you are actually getting as much for your money as you would hope. That can be easier said than done, but it is going to be considerably easier to manage if you make a point of saving up for a long time and keeping out of debt beforehand as much as you can. See https://www.citizensadvice.org.uk/housing/moving-and-improving-your-home/buying-a-home/ for advice. Although moving home can always have the potential to be stressful, by paying attention at least to the financial part of it firstly you should be able to make much more of the situation at hand, thereby making it a lot less stressful and more enjoyable.

As you can see, there are many financial rites of passage which are worth getting ready for, and the sooner you do so, the more likely it is that you will be able to keep control of your finances for good.

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The Importance Of Your Business’s Website For Your Success

What’s the one essential tool that every modern business needs? A business website, of course. If there’s one tool that you must not fail to invest in, it’s your business’s website. The fact is that when it comes to growing your brand, it’s crucial that you carefully consider the tools that you need to effectively do so. One of which being, a well-designed and carefully thought out business website.

Bearing that in mind, the question is – what does it take to create a website like this? For everything that you need to know, have a read of the tips and advice below.

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Be mindful of layout

A key aspect of designing a website it getting the layout right. The key here is that your website should not only look good, but it’s also essential that it is easy to use and navigate. If you are going to ensure that your business’s website is perfectly designed, then you need to think carefully about the layout.

Users don’t like to waste time, which means that when they click on a website, they expect it to work properly. They expect to be able to clearly see that everything is where it should be, and be able to use the website easily, that’s why working with a web design agency can be so beneficial when it comes to the success of your website’s design.

SEO is essential

If your website is going to rank properly in search engines and do the job it has been created for, then SEO needs to be a key factor when the site is designed. Bearing this in mind, it’s vital that the website content is written with SEO in mind, ensuring that the content on each page is properly optimised for SEO.

Unless you are experienced in SEO, then the chances are that you may way to ensure that you work with a professional on this aspect of you website’s design, to ensure that your site ranks highly in Google and other search engines.

A blog is a must-have

If there’s one thing every website must have, it’s a blog. The key here is that a blog helps to boost traffic to your website, which is what makes it so important. If you want to ensure that your company – and your website – is established as being a reliable source for information relating to your topic of interest, it’s essential that you take the time to carefully consider adding a blog to your website.

The key to making your business’s blog a success is ensuring that content is regularly pumped onto it. The content must be well-written, interesting, and relevant. It should also be optimised for SEO.

Website design is an extremely complicated area of expertise, which is why, when it comes to your business’s website, it’s so essential that it’s carefully thought out and designed. Hopefully, the tips and ideas above will help you to design a website that has all of the potential to be successful, giving your business an increased chance of success as a result.

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Meetings 101: Get The Most Out Of Your Time

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When you are working in a fast paced environment it is always important for you to take the time to set up meetings now and again. Meetings can be helpful for anyone working on a project together and it can aid in making important decisions for the company. If you are looking to make the most of your time in a meeting this year, here are some of our top tips for you.

Book a room

The most easy way to ensure that you get your meeting for a specific day and time and that everyone shows up is to use a room booking system to book a room for your meeting. A lot of the time if you only say verbally that you want a meeting, your colleagues may forget and you might end up sitting in the room all alone. However when you send out a booking request and send this on, they will have it in their diaries and will come along.

Send an email in advance

One of the most annoying things in a meeting is when no one knows what the meeting is about and you have to spend the first 10 minutes explaining what you need and what you want to talk about. It is always a better idea for you to write out and email which briefly covers what you want to chat about, and this way when people come into the room they will be ready to start discussing the issue or project.

Make notes

It is crucial that you make notes and ask everyone else to make notes before and during a meeting. Once you send out your email you should ask everyone to write down any points they would like to add and things they want to discuss, and during the meeting you can all do this and everyone can take notes to make sure that they are getting everything that they should.

Stand up

A great way to avoid those long, time wasting meetings with your colleagues is to find a place where you have to stand up rather than sit down. Standing up for a meeting is much less comfortable than sitting down and this will make people want to get to the point much quicker so that they can leave. It will ensure that people don’t take up all of your time with mindless rubbish.

Book another ‘meeting’ directly after

A genius way to speed up a meeting you know will otherwise over run is to book the room afterwards for a pretend meeting. This will mean that you can rush everyone along in the room a little and when they leave, you can enjoy 10 minutes of peace before you go and get back to work. It will ensure that people don’t start chatting about their day or the weather right away and you will be able to make sure that you can have some time to process what has been said in the meeting before you head back to work.

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The Dog Ate My Marketing And Other Excuses You Need To Stop Making About Why You Can’t Go Freelance

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For most of us, the prospect of going freelance is pretty daunting. We may hate our day jobs, but they offer us security. When you work for someone else, they develop the products. They also ensure that you have a secure and predictable pay packet.

By comparison, freelancing means doing everything yourself. You won’t have anyone to delegate work for you, and won’t be able to predict how much you’ll earn. That’s a whole load of uncertainty and extra work. It’s no wonder, then, that you’ve convinced yourself this lifestyle isn’t for you.

But, despite the downsides, you’ve watched countless friends make this transition in recent years. And, you can’t help but notice how happy it’s made them. Still, you may continue to reason that the lifestyle wouldn’t suit you. You may even have considered the reasons why. Many of us fall back on familiar excuses to justify why we could never make a freelance career work. Call it a survival instinct. But, it’s time to stop making yourself miserable. We’re here to show you why none of those excuses should be enough to prevent you from pursuing this dream.

I’m terrible with numbers

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If you aren’t any good at maths, you may rule yourself out of freelance work. The mere idea of pricing and accounts sends you weak at the knees. But, few freelancers have maths degrees behind them, and they manage to make this lifestyle work. It’s entirely possible to freelance without crunching many numbers. You can settle on pricing through basic sums. Even keeping on top of accounts shouldn’t be too difficult to start with. The moment business starts to pick up, you could even hire an accountant who can deal with all your numbers for you.

I’m no good with words

You may also avoid going it alone because you don’t have a way with words. There’s no chance you could impress with your emails or start a blog to sustain you. You can’t even string two sentences together. Again, though, this is no reason not to try. Checking all written content with an app like Grammarly could see you writing like a best-selling author in no time. If your skills are that bad, you could even hire content services from a company like Figment Agency. They can write content for you based on your ideas, and ensure language troubles never impact your freelance reputation.

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I don’t know the first thing about marketing

Even if you have a decent freelance idea, you may worry that you have no idea about things like marketing. But, you can join the club. The majority of freelancers start out with zero business experience. That’s why there are endless websites out there to help you. The chances are that you would also learn about things like social media marketing on the job. Instead of letting this hold you back, see it as a hurdle you need to overcome. If you manage that, nothing should stop you from winning the freelance race.

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Rebelling Against The Rat Race

Are you fed up with the rat race? Is that daily commute beginning to send you crazy? If the answer’s yes, then you could find yourself among the thousands of people who give up the office to work from home.

If you do decide to start up your own business there are several myths that you’ll need to dispel straight away, but yes, you can definitely work in your pajamas. You can’t, however, slack off. Research shows that home workers, on average, tend to work harder than their cubicle based counterparts.

This is made even truer when you’re starting up your own business. You’ll need to put in the hours to get established, so while you might be doing the work on the beach with your laptop, you’re still working.

The big question is: what are you going to do? Become a consultant, blogger, maker of arts and crafts? The options are endless, even if you don’t feel you have a talent that will translate into home working.

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For those who just don’t want to live an office-based life any longer but are a little unsure where that will take them there are websites offering all manner of short-term paid work, such as https://budgetboost.co/how-to-make-money-online/. You probably won’t make a fortune on them but if you need some breathing space they might bridge the gap in the short-term.

If you’ve always wanted to create a lifestyle blog then there’s no better time to start one. Writing about your hobbies and interests can be an immensely satisfying way to make a living but you’ll have to come up with some strategies to attract advertising and visitors to your website in order to make it a sustainable career.

Working from home has distinct advantages. It costs you less in traveling, there’s no dress code and you can fit work in around taking children to school and waiting in for parcel deliveries. It can however have some disadvantages too, that you’d be wise to weigh up before taking the plunge.

If you’re a home worker that doesn’t interact much with your customer base, or you work solo and not as part of a team it can be an isolating experience. As much as you won’t miss your boss you might miss the sense of camaraderie and friendship that you had with your co-workers. More pressingly, you won’t be able to predict your income, at least for the first few months, so creating an exit strategy from your job rather than making a decision to quit on the spot is often a better way.

Lastly, you won’t be just the boss of your skills; you’ll be your own HR and marketing team member and accountant. It can be a lot to learn in a relatively short space of time, so taking some time to do a little research can be the difference between a functioning business and total chaos.

Whether you’re a budding novelist, jewelry designer or blogger, taking the plunge and going freelance might just be the best decision you’ve ever made.

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