Dorry Kordahi who remained in his backyard shed for two years<\/a> even though his business was booming, or do you sensibly expand?<\/p>\n <\/p>\n
Knowing when to invest in your systems and infrastructure is an important hurdle for sole traders to overcome. There may come a time when you need to leave the home office and even take on staff.<\/p>\n
<\/p>\n
The solution?<\/h3>\n
<\/p>\n
Tammy May, who started MyBudget from home, says: \u201cMy advice to start-up business owners would be to ensure you can financially afford the additional cost of commercial rent.\u201d<\/p>\n
<\/p>\n
\u201cWe had a budget per square metre for ourselves. Also, the size was based on how many offices or work stations we needed for our staff and predicted staff numbers.\u201d<\/p>\n
<\/p>\n
\u201cIf you expect further growth, look for a building that has additional space that you can lease in the future. At MyBudget, we took more space within 12 months of being at our first office.\u201d<\/p>\n
<\/p>\n
\u201cWhen MyBudget made the step from home office to commercial office, we bought second-hand furniture, including our reception desk.\u201d<\/p>\n
<\/p>\n
\u201cThings don\u2019t have to be brand new to start with, especially when you are on a tight budget and every cent is going back into the business. This will help to keep your capital costs down.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
10. Growing pains Any smart solo operator will start their business as leanly as possible \u2013 keeping overheads<\/p>\n","protected":false},"author":2,"featured_media":58507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,9,17,23,13,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47505"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=47505"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58507"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=47505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=47505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=47505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![](\"\/wp-content\/uploads\/2012\/06\/feature-profit-or-growth.jpg\")
<\/p>\n