The Challenges of Starting a Business and Moving

Starting a business and moving into a new home at the same time can be challenging, but sometimes these two big events need to coincide. For example, you might be moving into a new home to make space for your business. Or maybe you’re downsizing to free up cash for your startup. Whatever your reasons for tackling a move and business launch simultaneously, check out these tips to make the process a little easier.

Structure Your Business Properly

With so much on your plate, it’s important to prioritize your most important and urgent tasks. Choosing a business structure should be one of the first things you do as you prepare to launch your business. Forming an LLC or corporation will separate you from your business, protecting your personal assets—like your new home—from business debts and other liabilities. Once you’ve decided on a business structure, you can register your business by hiring a lawyer or using a formation service. 

Keep Your Documents Organized

Staying organized will help you reduce stress as you navigate moving and starting a business. Make a plan to keep your important documents in order. Digitizing your records is ideal. Create a dedicated folder for each property you are interested in, storing listing information, offers, contracts, inspections, and appraisals accordingly. 

Create a Plan and Timeline

Planning is a key element of any successful business launch. Planning is equally important when you’re selling your home, buying a new one, and navigating a move. Create a detailed plan and timeline for both your business launch and your move. This will help you visualize everything you need to do and how much time you have to get it done. Check out this moving checklist from RealSimple.com to get started on your own timeline.

Design Business Cards

Business cards are an important marketing tool that can have many benefits for businesses. Not only do they provide potential customers with quick access to contact information, but they are also great for networking opportunities or when conversations suddenly take off in unexpected directions. Furthermore, a professional-looking card made of sturdy materials will go a long way in demonstrating the legitimacy and credibility of your business. When choosing from business cards types, consider designing your own with an online template. This allows you to personalize predesigned business cards to your preferences. 

Delegate Time-Consuming Tasks

When moving and starting a business, there are many tasks that you can delegate to others in order to save time and reduce stress. Here are just a few time-consuming tasks you can hand off to paid professionals:

• Packing and unpacking your belongings.
• Hiring movers or a moving truck.
• Cleaning your old and new homes.
• Setting up utilities and internet service at your new home.
• Developing a business plan and marketing materials.
• Handling common administrative tasks as your business gets off the ground.

Take Care of Yourself

On their own, moving and starting a business are two very stressful tasks that require a lot of time and energy. Put them together, and you’re bound to feel physically and mentally exhausted. Be sure to take care of yourself so you can keep your stress levels under control. For example, make time for healthy habits like eating well, getting plenty of sleep, and taking breaks. Psych Central mentions several other self-care strategies, including limiting social media usage and spending time with friends and family, that can help you stay grounded during this demanding time.

Moving and starting a business at the same time is no walk in the park. But by creating a plan, delegating tasks, hiring professionals, and taking care of yourself, you can significantly reduce your stress. Consider digitizing your files to make the home-buying process easier and incorporating your business to protect your assets. Follow these steps, and you can successfully launch your business and move into a new home without getting overwhelmed. 

Are you looking for the perfect home? The RE/MAX Northland Team can help! Use our website to search for available properties and get in touch so we can help you find your dream home!

Author credit: Kristin Louis @ Parentingwithkris.com