When you initially launched your home-based business, you never anticipated that it would grow so impressively. Yet today, your home can no longer comfortably accommodate your business needs. If you require more space for your inventory, equipment, and business functions, Dream Builderz can execute your home addition! And if you’re curious about upsizing to a larger home to support continuous business growth, here’s how to obtain LLC status in a different state, master new entrepreneurial skills through online education, and find the perfect property to accommodate your business.

Register for LLC Status

Before moving to a new home, make sure to register for LLC status in the area where you’re relocating to. By securing limited liability and tax breaks for your business, you’ll gain a sense of financial stability, especially as you deal with moving costs. 

You don’t need to budget for a lawyer to complete this task, either. If you have time, consider filing on your own, or turn to an online formation service for affordable, convenient support. If you’ll be moving to a new state, make sure to thoroughly research their rules for business formation.

Build Your Business Through Education

Your business is growing - but to save time, space, and money down the road, you’ll want to start focusing on addressing process inefficiencies, optimizing your inventory management strategy, and digitizing workflows and documents when possible. 

You can learn to do all of this and more by earning your business degree online. This is a fantastic way to enhance your management skills, as well as your expertise in communications, accounting, and more. Here’s a good option for online coursework, which will allow you to keep up with your entrepreneurial responsibilities, tackle the moving process, and study simultaneously.

Determine What You Need

Prior to touring any homes, think about exactly how much room you need to properly run your business. To calculate your square footage requirements, Twin Cities Habitat for Humanity recommends assessing your current home’s square footage and even measuring the dimensions of specific rooms so that you can figure out the amount of extra space you need.

Find Your Ideal Community

You may want to stay in your current neighborhood, but if you work from home, you can also expand your property search to other communities. However, not every city or town will be right for you as an entrepreneur. Rumie recommends looking for an area with plenty to do, access to high-speed Internet services, and other residents who share your hobbies and interests.

Work With an Agent

A great real estate agent can support you throughout the home-buying process and help you make an attractive offer, leaving you with more free time to work on your business! Ask other entrepreneurs you know who have moved recently if they have any recommendations for agents. Make sure to explain the features you need as a business owner so that the agent understands your unique specifications, like a room that could be used as a home office.

Stay Productive While Moving

For entrepreneurs, moving can be especially chaotic - keeping up with your workload while relocating is tough. Hire movers so that you can minimize your to-do list and get your clients, customers, vendors, and employees up to speed on your moving plans ahead of time so that you can prepare appropriately for potential disruptions.

If you’ve reached a point where you need to upsize for business growth, your entrepreneurial future is bright! Upsizing gives you the opportunity to move into a property with all the space you need for your company. With these tips, you can also update your LLC status in a different state and advance your business knowledge through an online degree program. 

Ready to renovate your new home with all of the features you need? Dream Builderz is here to help! Visit our website today to reach out and get a project quote.

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