C: v) Working From Home

This can be a quick, easy, and low cost foundation on which to build a business.

You should be mindful of any effect on your neighbours, as well as distractions for you that could interfere with your work. So it is worth asking yourself the following questions:

• Are you permitted to operate a business from home? (Check your deeds/ rent agreement/ lease/ covenants)
• Do you require planning permission to use your property for business?
• Do you have enough room to operate your business, without interruptions? (i.e. children, pets, neighbours)
• Do you have the discipline to work at home without allowing yourself to be distracted?
• If you own the building, could you be liable for business rates? 
• How would this affect your liability for Capital Gains Tax?
• Would your business cause any interference to your neighbours? (hours of work, type of work, deliveries, equipment being used etc)
• Have you the necessary insurance cover for you, your staff, equipment and stock, clients and visitors, as well as the property itself?
• Is there sufficient room for vehicles to a park or drop off deliveries?
• Do you have sufficient storage space?
• Does the property have suitable security measures? (alarm, fencing, CCTV?)