How to Start a Business and Move at the Same Time

It’s not easy to move. It’s even harder to start a business. And you’re doing both at the same time? Are you kidding me? Well, there’s no stopping go-getters like you. So Kenna Real Estate Group has compiled this guide on moving and starting a business simultaneously. Let’s unpack!

What does it take to launch a home-based business?

Firstly, you need to know what it takes to launch a home business before you start one. According to the US Small Business Administration, there are ten steps to starting a business:

1. Conduct Market Research
2. Compose a Business Plan
3. Get Funding for Your Business
4. Find a Business Location
5. Choose a Legal Business Structure
6. Create Your Official Business Name
7. Register Your Business
8. Get Federal and State Tax IDs
9. Apply for Any Necessary Licenses and Permits
10. Open a Business Checking Account

But a home-based business is a little different. You already have your location (home), and you won’t need as much funding. The rest of the steps, however, are pretty similar.

Ready to find your dream home in Denver?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents.

What can I do to streamline my business startup?

Be prepared

Get your things in order. Nothing slows you down like scrambling through paperwork while trying to fill out forms, talking on the phone, or during an online meeting. One of our favorite organizational systems is Trello! 

Also, I don’t think you will ever have physical papers to keep track of. Get an accordion folder (or two) to ensure you don’t lose any papers in the move. Additionally, if you’re dealing with regulatory matters, understanding requirements set by acra Singapore can be beneficial.

Be a step ahead of the rest.

Return to school for your MBA and get a jump start on your business. Use the spare time you have during your move (what little of it there is) and focus your efforts on online business and marketing courses. Not only is this an investment in your and your business’s future, but it’s also a great way to plan your business from start to finish.

What does the home-buying process involve?

Realtors, loans, applications, closing costs — none are fun, and you certainly don’t want to deal with it while moving. Now, we can’t promise to make home-buying enjoyable, but we might be able to make it easier. Follow these steps, and the process will go much smoother:

Ready to find your dream home in Denver?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents.

1. Figure out your budget
2. Save money for the down payment and closing costs
3. Get pre-approved for a mortgage
4. Work with the Kenna Real Estate Group team
5. Find the perfect home
6. Make an offer on a house
7. Have the house inspected
8. Have the house appraised
9. Ask for credits or repairs
10. Do a final walk-through

What if I can’t find the right home for my business needs?

Build it! Don’t make the mistake of not considering a custom-built home. You may even save money and, the way the housing market is right now, make a decent profit. Consider these features when building a new home:

• Office area
• Specialty work area
• Outlets and lighting

Ready to take the plunge? Make sure to reach out to Denver’s best! Whether you’re buying or selling, the Kenna Real Estate Group team knows the ins and outs of the market. Call (303) 955-4220 to start.