Marie Villeza
Starting a business is an exciting endeavor that requires careful planning and consideration. But, if your current home is not well equipped to manage the needs of living and working, it may be time to explore the possibility of relocation. In this article by DBK Real Estate, we’ll explore all the important steps you’ll need to take to successfully start a business while moving into a new home, to ensure that your relocation provides the ideal environment for both your personal and professional endeavors.
Work With a Real Estate Agent
Given that you’ll need to manage the dual responsibility of starting a business and finding a home, enlisting the services of a knowledgeable real estate agent from DBK Real Estate will be extremely helpful to take some responsibility off your shoulders.
Once you have created a list of requirements concerning the size, location, and amenities of your ideal property, share it with your real estate agent who will then start shortlisting properties, organizing showings, and guiding you on the ins and outs of the relocation process.
Remember to Check Deed Restrictions
Before committing to buying a property, remember to thoroughly check all deed restrictions and review the homeowners association (HOA) documents. These documents play a key role in determining the type of businesses you’ll be allowed to operate in the community.
If your new home is governed by an HOA, there could be certain restrictions, charges, and a process to establish a business in the community. Failure to comply with these regulations can lead to fines and penalties being levied on your business, and in some cases, legal action can also be taken against you.
If you have any questions or concerns regarding your eligibility to run a business from your new home, the best answer is to receive a written confirmation from the HOA so you have permission to operate a business.
Transfer Utilities Before Moving
Whether it be for personal or business use, you’ll need key utilities such as electricity, internet, telephone service, and more to be available in your new home as soon as you move. The best way to avoid any unwanted delays or disruption is to contact your service providers in advance and put in a request for an address change.
If the same provider is not available in your new community, promptly connect with substitutes and set an appointment for a technician to visit your property on the day of the move. Additionally, as a new customer, you might even enjoy discounts or offers, further reducing your utility costs.
Establish an LLC
By running your business as a sole proprietorship, you’ll be liable for all business-related debts and liens. But, you can protect yourself from this liability by establishing a limited liability company (LLC), according to the Management Library. With an LLC, your business will be registered as a separate legal entity, and your personal assets and finances will be protected from business-related liabilities. Rather than managing the hassle of registration paperwork and regulations yourself, consider delegating the responsibility to a formation service!
Personalize Your Home
When moving into a new home, it’s important to personalize the space based on your needs and comfort. For instance, when it comes to decorating your bedroom, consider investing in a new duvet, sheets, and pillow covers. Not only will these provide the ultimate level of comfort and rest after a long day of work, but it is also an easy way to decorate your bedroom.
When it comes to design, consider purchasing items created by independent artists as they are open to taking requests and creating designs based on your individual needs. Additionally, when shortlisting the best bedding options, this deserves a look.
Successfully starting a business while moving into a new home requires careful planning and consideration. By working with a real estate agent, you can alleviate some of the responsibilities associated with finding the right property. Additionally, remember to check local HOA rules and establish an LLC to protect yourself from any unforeseen circumstances. When it comes to personalizing your new home, there is no better way to start than decorating your bedroom with a new set of bedding.
At DBK Real Estate, our slogan is “We have the results that will move you.” This slogan encapsulates our commitment to delivering exceptional outcomes and ensuring a seamless transition for our clients. You can reach our office by calling 713.964.2639 or emailing us at danielleb(at)dbkrealestate(dotted)com.
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