Archives for October 2022

Can You Run a Business from Home? [Yes, and Here's What You Need]

Many new businesses that are started each year aspire to be the next billion dollar business. This past year, a record number of businesses were started—5.4 million (20% more than any previous year on record). And while 2022 numbers are a bit lower due to economic headwinds, down 11% compared to the same quarters in 2021, they are still higher than pre-pandemic levels; 23% higher as compared to 2019. 

Some of these businesses have numerous employees, while others are run by solopreneurs. Some may start with the assumption that they need a permanent, fixed office space. But many weigh their options and are electing to run their businesses from coworking space, day offices, home offices, or a combination of the above. Permanent office space is expensive and lacks the flexibility small businesses require. 

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