If you have been running a successful small home business for a while now and you are looking to move your business to an office and hire staff in an effort to grow the business and expand, it is indeed a milestone in your career. This said however, there are many things that you will need to think about when moving your business to an office. The first thing you need to realise is that, thus far, you have been running your business from home with minimal overheads and although you may have seen a lot of success in running a home business, it does not necessarily mean that you are going to be successful in an office. Running an office means you will have numerous overheads and financial obligations and your entire profit that you are earning at present may get utilized on paying off rent and bills.
Create a business plan
Therefore, you will need to create a business plan outlining ever new expense that you will have at your office from rent, salaries, CCTV camera installation Dubai for security of your office to computers and phones for your staff. In the beginning, you will have many onetime expenses that you will need to bare but then, you will also have repetitive expenses which is what most people do not always account for.
When creating your business plan, try to make your expenses and predicted finances as accurate as possible by calling cctv companies for quotations and finding out the exact costs of computers instead of trying to guess the figures or putting down estimated figures. This will give you a very clear picture of how much you will need to invest in the beginning. You will also need to have money to support yourself and your business for at least the first 6 months of your business because many businesses do not start making profits until after the first six months and most business people do not plan their strategies out with this in mind. Read this article to gain ideas about other security devices for the safety of your company.
If it is possible to do so, try to get help from your close family members and friends who are not currently employed during the first few months of your business in an effort to reduce your costs. If your wife is not working and is not currently looking for a job, have her come in and help around with the business in the first month in an effort to reduce your costs and possibly reduce the cost involved with one salary.