Running your own business from home can be really great. You’re free to do what you want when you want and if you can’t sleep, there’s nothing to stop you working in your pyjamas at 2am. The problem is, there are downsides to working from home. It’s not all freedom and sitting around in your PJs.
I’ll be honest here, I do enjoy the freedom at times. I wouldn’t be able to decide I’d rather watch my daughter’s play than do my work at any other job. I do also enjoy being able to take a break if things get a bit too much but here are some thing I don’t enjoy so much.
The downsides to working from home
There’s no security
If you’re unlucky, your work could just dry up over night and your home business could go bust. I mean, you’d have to be pretty unlucky for that to happen, but there’s always a risk. When you’re a blogger, they’re always quiet periods, and they’re always the same sort of time of year. It’s really important to keep publishing throughout this time and to stay in contact with your regular customers. Attracting more work is a really important part of keeping your business running.
Money doesn’t arrive on the same day every month
When you run a small business like I do, everything I do is on a freelance basis meaning my pay is all over the place. Sometimes I can wait over 60 days to be paid for work I’ve done. At any given time in the month I’ve always got a few hundred due to me. Sometimes my invoices will be paid a short while after I need the money to pay a bill, this is where Northcash online personal loans can come in handy. I find this kind of credit to be really helpful if you’ve got money due to you, but you haven’t yet got it in your hand.
If you take a holiday, you don’t get paid
It’s all well and good having the flexibility to take whatever day off that you feel like, but you bank balance will always suffer. It’s even worse if you got away for a week or two because you’re not working while you’re away and you’re also not arranging work either!
If your equipment breaks, you’re responsible for repairs and replacements
This is one of the biggest problems for me. Speaking as someone whose laptop is on its last legs, I’m having to keep some money aside each month so that I can replace it when it goes.
Despite all these downsides to working from home, I’d still rather be doing this than attending a bricks and mortar workplace as an employee. In the grand scheme of things, I think my freedom of choice is worth it.