When people start new business, the first area of need that they try to address initially is a sufficient office space. Many individuals occupy themselves with finding the ideal space with necessary equipment and facilities prebuilt into their environment. Zoned and constructed offices offer many of the luxuries desired by business owners, but the cost of them can sometimes be out of reach for brand new starters. For small business, many people don’t realize that more than likely, they already own the ideal space to start their business, their own home.
With the sheer volume of tax exemptions available to home owners and small business owners, adding an addition or renovating a home to help your growing needs can in fact be more cost efficient than a lease on office space.
Many homeowners and business owners can take advantage of the grants and exemptions available for solar panels. In an initiative passed in 2012, homeowners and businesses that relied on solar or wind generated energies were eligible for a tax break of up to $1500. Additionally, home owners who had solar panels installed to their homes and were able to completely break their dependence of energy from the local power plant were eligible for up to $30,000 in federal grants to defray the cost of installation.
Going with a professional contractor, like Brinkmann, will also give you the flexibility to design a space however you see fit. While the goal is to maximize every opportunity and grow in the business world, sometimes the pace doesn’t match up with our expectations. Working with a contractor will allow you to renovate your home office space; help create additional equity in your home, but also give you more control over the costs. Expansions and renovations at home are able to adjust much easier to a growing business as opposed to an office where you’re wedged between the neighbors and having to renovate every time you move.