Financing Your Home Office

If you work from home, even if it’s only part-time, you need to have a dedicated workspace. It makes it easier to focus on work. You can shut out the outside world and be in your own personal work bubble. It’s better than a cubicle because you are in the comforts of your own home, but you still want it to feel just enough like a workplace so you can actually get the job done.

Mid adult woman sitting on floor, leaning on sofa, talking on, using laptop, side view

There are key elements each home office needs. They include:

  • A desk
  • A good office chair
  • A computer
  • A print/scanner
  • A phone of some kind

There are definitely other things you’ll need, from ink and paper for your printer to filing cabinets to keep your paperwork. Even paper clips and staples will add up the more things you need and use in your office. That’s why you need to know just how to properly fund your home office. Here are some tips.

Get A Small Loan

If you’re just getting started in this home office business and you don’t even have those key elements yet, you’re going to have a little bit of an investment right off the bat. That means you may want to get a small loan, whether it’s simply a payday loan for a little quick cash or a small business loan if you have some other business startup expenses to cover.

Make sure that you do get these essential, as everything else you get for your office will build around them. You also want to make sure that you’re paying your loan off in a timely manner, which may mean getting your business up and running quick so that you have some income coming in fast.

Use Credit

Get a credit card for your business. This means one that is not your personal card or attached to any personal accounts. Your bank may require that you, at minimum, get a DBA (doing business as) for this account.

You want to keep business separate from pleasure, for one thing. But this card also gives you some extra money to use for work expenses that won’t have to come out of your own pocket and mess with your ability to buy groceries.

Shop Thrifty

When comes to purchasing all of the items your office needs you don’t always have to buy new. Look at thrift stores for a good sturdy desk. You might find an excellent deal on desks, chairs, and more by shopping used.

If you have no luck at the resale shops you should also try overstock and liquidation stores, like Ollie’s Outlet and Big Lots, among others. You can get good brand name merchandise at discounted prices because it’s a model or two older. Look for clearance deals everywhere you shop as well.