Can I Use My Garage for My Business?
If you are aiming to get a new business off the ground, one of your primary challenges will be where you operate. You might not have room in your house, but renting space elsewhere could be costly. Fortunately, working from your garage is an excellent choice if you need an affordable way to launch your new business.
Yes—you read correctly. You can use your garage for your business! If you’re ready to kick off the new year on the journey to business ownership, read on! We’ll highlight four advantages of adding a detached garage to your property to serve as your headquarters.
Speaking of a detached garage, that’s one of our specialties here at Carport Kingdom. We offer fully-customizable detached metal garages that you can design with our simple Build & Price tool. If you need help with the process or have questions, don’t hesitate to contact our team. As small business owners ourselves, we’re always here to help fellow entrepreneurs.
#1 Separation of Work and Home Life
At first, working from your living room sounds particularly tempting. After all, who wouldn’t love to walk into the office in their pajamas and get started?
The comfort and convenience are hard to deny, and anyone who has worked from their home regularly will attest that there are some challenges. Specifically, it’s hard to shift from “home mode” into “work mode” and back again. You might find that your hours and days all blur together, which doesn’t leave you feeling very good about anything. This is why having a garage can be so valuable.
Even though it’s on the same property, there is something about physically leaving your house that will make all the difference in the world. Suddenly, your mind will have a physical cue to tell it that it’s work time—not relaxing-with-family time. The investment required to add a detached garage is more than worth it when you see how much more productive you can be in this separate space.
#2 Customize the Space Perfectly
Another benefit of using a garage for your work area is that you’re the boss, and you can customize your space whichever way you feel. That might not be the case inside your home, where there are other non-work factors to consider. Likewise, even if you rent a commercial space, you might not be allowed to make all the changes you want. With your own garage, you’re free as a bird to do as you wish. Soon enough, this space will be an ideal work environment that takes your business to the next level.
#3 Cut Overhead Costs Dramatically
Your bottom line matters. When adding up your revenue at the end of the month or year, your overhead will determine your profits. Since a workspace can be one of the most costly expenses for a business, cutting that cost down with a detached garage is a huge win.
#4 Save on Taxes
You will often enjoy a tax deduction when you use your garage for business. Usually, if you invest in a new detached garage that serves as your primary operating area for business, tax deductions may come your way. It is typically necessary for this space to be used exclusively for business, and you must use it regularly. If you meet those qualifications, a lower tax bill could be in your future.
Of course, it needs to be said that tax laws change regularly, and every situation is unique. So, before filing your taxes, check with a certified tax professional in your area who can review the case and provide insight into how working from a detached garage will affect your tax obligation.
Carport Kingdom Has You Covered
There are so many benefits to adding a detached garage on your property for work. The only thing left to do is get started with some help from Carport Kingdom. Try out our Build & Price tool to explore the possibilities. Thanks for stopping by our blog, and we hope to serve you soon!
