Starting a business from home can give you more time and money

New research published by home business website, Enterprise Nation suggests that you could be significantly better off by starting up a new business from home.

The research, carried out by Homefinder UK and The AA, shows that the addition of an office within the home adds an average £28,000 to the value of your home. However, you will obviously incur costs if you are converting an underused space such as a cellar or attic into an office.

Emma Jones, founder of Enterprise Nation said, “When people ask if this is the right time to be starting a business from home, my response is ‘most definitely, yes!’ – not only do you start earning your own income but as these results show, you’ll also be profiting from the rise in value of your house and saving on fuel costs by keeping off the road. For anyone thinking of turning the spare room, cellar or attic into an office, this will surely offer yet more reasons as to why they should.”

Working from home can save £2,000 per year

At a time of rising fuel costs, many families are looking for reasons to keep off the roads. Working from home means doing just that – and it offers savings in time too. By avoiding a daily commute of just 60 minutes each way, you can earn one whole extra day each week. That’s extra time that can be spent on growing a new business or enjoying time with family and friends.

AA President, Edmund King, also commented on the research, “Our figures show you can save £8.40 per day by working from home. That adds up to more than £2,000 per year and if you can do without a second car, that leads to annual savings of in excess of £6,000. These are cost savings that any family would be pleased to see. What we like to see is that not only are homeworkers saving costs, they are also saving the environment.”