One of the biggest debates for any freelancer looking to branch out on their own is whether to work from home or from within a dedicated office. There are naturally pros and cons for both options and it is therefore important to evaluate these before you start working remotely for yourself as a self-employed professional.
As more of us appear to be earning at least part of our monthly salaries as a freelancer, finding the best working environment that encourages you to be productive is vitally important. Here are the advantages of both sides of the self- employment coin, as well as our own concluding thoughts.
Pros of working from home
Better use of time
Undoubtedly when you work from an office there is very often a decent chunk of your day taken up by travelling to and from work, as well as coffee and lunch breaks that can add up to two to three hours of a working day. By working from home you can get down to business at a time that suits you without having to leave the comfort of your own study.
Are you a start-up freelancer that is looking to keep their overheads low in the initial stages of finding work? If you have a number of expenses that you have to fork out on a monthly basis just to survive it makes sense to save on the additional cost of fuel or public transport and work clothes you invariably have to buy to maintain your professional image.
As well as wasting large parts of your day travelling to and from work, by working from home you will also avoid the undue stress that comes from being stuck in traffic or having to negotiate busy train or bus stations.
If you choose to work from home – or telecommute as it is otherwise known – then you have the freedom to dictate where and when you work, anywhere in the world. Whether it’s a coffee shop, library, or even your own living room you have the flexibility to connect and get down to business wherever you like.
Pros of working in an office
As a freelancer you may choose to obtain a membership to a co-working space or rent a small serviced office to use as your place of work. This can be a very useful learning experience, particularly in a co-working space, as you will be working alongside like-minded entrepreneurs and professionals. It is always great to chat to fellow professionals about your work to bounce around ideas and solve problems.
Working from home can be a very lonely, insular way to earn a living. If you work in a shared office with people that have similar interests it is likely you will develop new social friendships, while forging potential working relationships.
Although it is possible to set up your home office just how you like it you may be able to gain access to a similar level of amenities as a member of a co-working hub or within a serviced office space for a fraction of the cost. You’ll be able to take advantage of free Wi-Fi, meeting and conference rooms, printing and scanning facilities and potentially call and mail forwarding that all works to create the image of a professional business.
While it is always nice to be able to work from the comfort of your own home there is the potential to be distracted by outside influences and other issues that impact upon your productivity.
Keep in mind that productivity is the primary consideration for any freelancer – the more work you can get through at a reliable rate the better chance you have for securing recurring work. A professional co-working or serviced office space gives you all the tools you need to do your job in a professional environment, giving you the edge in an ultra-competitive marketplace.
More About Workspace
This blog was contributed to us by Workspace, the leading providers of commercial property space to let across London and the outer areas of the capital. With over 100 properties and 5.4 million sq ft of work space they provide businesses with the means to grow.
Workspace Ltd: http://www.workspace.co.uk