Theresa Donley, CRS. Real Estate Advice You Can Trust
Office 307-587-3883 Direct 307-899-5393
FacebookTwitterLinkedInPinterestYouTubeInstagramBlogger
  • Home
  • Important Links
  • My Blog
  • Event Calendar
  • About Us
    • About Us
    • Leave A Review
  • Everything Cody
    • Visitor Tips
    • Cody Winters
    • Recycling In Cody
    • Site Map for The Donley Team
    • Celebrate The Arts
    • Cody And Guns
    • Wyoming Speed Traps
    • Yellowstone Zip Line
  • Search Properties
    • Search Homes
    • Our Cody Wy Listings
    • Lots & Land
  • Selling
    • Instant Home Value
  • Renting
    • Rental List
    • Rental Application
    • Airbnb
    • Rented Listings

Cody Community Blog

One person's perspective on living in Cody Wyoming.

Archive: August 2022

All of the articles archived for the month that you have specified are displayed below.

Blog

Moving Your Home AND Your Business

Posted by theresadonley 08/20/2022

A New Business Plus a New Home Equals Success

Life is full of the unexpected, and no one expects to move at the same time as starting a business, yet it can be done. Your current home lacks the space for your business, and you’re determined to find a new home without losing ground on the business you’re creating. It may feel insurmountable, but Theresa Donley with Cody Wyoming Real Estate breaks it down into simple tasks for you to follow, so you can move forward with your goals.

First Tasks

Professional movers recommend starting a moving binder, such as a physical notebook or Google Doc, to help you get organized. Since you’re also starting a new business, keeping business-related goals close to your moving checklists could help you stay more on task. Room-by-room inventory and research on moving services, furniture, and appliance measurements are just a few sheets you can add to the binder.

Your home-based business gives you an advantage; you can complete most tasks from anywhere. First, decide on an idea that uses your strengths and skills. Next, do some market research. Keep in mind that businesses require licenses and permits, so some home business ideas may not work. You may also want to get an idea of any startup costs you may have. Luckily, many home-based careers are less expensive than traditional businesses.

Next Tasks

Now that your moving binder is ready, you can look for a suitable home. You can try to accomplish it yourself or hire a realtor instead. You may want to find an agent in the city you’re moving to, like Therea Donley. Checking your credit and how much you can afford are your next steps. You can also get pre-approved for a mortgage; then list attributes you want in your new home. Use virtual meetings to choose a listing.

Your business will need a name, entity type, and a business plan. Most home-based businesses would qualify as a single-person limited liability company (LLC) since there is no board of directors or stockholders. You could separate your business assets and your personal ones. Your personal assets are safe in case something happens to your business. Business plans can be either traditional or lean-startup and as flexible as needed.

You may find that an advanced degree will help you to be a more successful business owner. An MBA, Masters of Business Administration, can teach you important aspects of business management, leadership, and decision-making that will help you be the entrepreneur you were meant to be. The best part is that there are many online programs that allow you to complete coursework from anywhere and on your schedule.

Final Tasks

You’re getting closer to the finish line. After going through your checklist to make sure everything is ready to go, schedule the movers, make sure everything is boxed and loaded, and contact your agent to close on your house. You may also want to schedule an inspection to ensure the previous homeowner didn’t miss anything.

Once you’ve settled into your new home, you can complete some details of your business needs. Registering your business and getting a business license, if applicable, are best completed after the hardest part of the move. Opening a business checking account and a credit card are just a few more personal touches. After opening your business financial accounts, you’ll need accounting software to effectively manage your business’s income. The best accounting solution makes organizing and storing receipts easier so you can remain compliant. Proper accounting software also has cash flow categories for a clearer idea of how your business allocates funds.

Then the fun part begins: getting your name out there! There are many great free and inexpensive ways to promote your business, such as through a personal website or social media. You can design banners online for free and use them across your digital marketing for consistency. And don’t forget to establish a digital marketing plan to keep your business in people’s minds.

Last Words

Starting a business and moving to a new home is possible when you plan ahead. Choosing the best realtor is key. Contact Theresa Donley, Cody Wyoming’s very own realtor, to start you on your way to home and business ownership.
 

Search

Categories

  • All Categories
  • First Time Building....Exciting!
  • Blog

Archive

  • August 2022
  • May 2022
  • April 2022
  • February 2022
  • January 2022
  • November 2021
  • October 2021
  • September 2021
  • April 2021

Powered By: LinkU v2.0.1 Copyright ©2023 realestatecody.com RSS Feed

FacebookTwitterLinkedInPinterestYouTubeInstagramBlogger