WARNING [biz thread]

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  • BradM
    Confirmed User
    • Dec 2003
    • 3397

    #1

    WARNING [biz thread]

    When is it time to get your own office? At what point revenue and time wise do you decide to get a workspace outside of your own house?

    Do you figure it out by distractions, by income generated or what is the special formula?
  • scottybuzz
    Too lazy to set a custom title
    • May 2006
    • 14799

    #2
    probably when u start employing people.
    $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

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    • 96ukssob
      So Fucking Banananananas
      • Mar 2003
      • 12991

      #3
      Originally posted by scottybuzz
      probably when u start employing people.
      agreed. Unless you have kids or a nagging gf I would go that route as well. If your living by yourself, then you should be fine for a while.
      Email: Clicky on Me

      Comment

      • Sosa
        In Tushy Land
        • Oct 2002
        • 40149

        #4
        Brad I've been thinking the same thing. I have the opportunity to rent the office space that I currently work part time at with my friend doing computer tech support at the end of May. $300/month rent and no utilities makes it very tempting. If I can get him to throw in some of the desks we have I just might do it.

        Gotta talk with my accountant as far as hiring an employee and see what taxes I will have to pay on their wages etc, or if I can just hire them as a contract worker to avoid those taxes.

        Comment

        • J. Falcon
          www.AdultCopywriters.com
          • May 2006
          • 31645

          #5
          Employees can work from their homes as well. I would say it is more of a personal decision, which can probably be influenced by the volume of your workload and responsabilities. If you are running several projects at the same time and feel the need to be on top of everyone and everything, then I think it would be a good idea to open up an office.
          Adult Copywriters



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          • BradM
            Confirmed User
            • Dec 2003
            • 3397

            #6
            Originally posted by Sosa
            Brad I've been thinking the same thing. I have the opportunity to rent the office space that I currently work part time at with my friend doing computer tech support at the end of May. $300/month rent and no utilities makes it very tempting. If I can get him to throw in some of the desks we have I just might do it.

            Gotta talk with my accountant as far as hiring an employee and see what taxes I will have to pay on their wages etc, or if I can just hire them as a contract worker to avoid those taxes.
            Depends on your company. An LLC can pay contractors.

            Comment

            • scottybuzz
              Too lazy to set a custom title
              • May 2006
              • 14799

              #7
              employees at home are not really a good thing though, as your paying them a fixed wage and dont know if they are working to their full potential, what most companies do is only let them work from home once they know they are loyal enough. You would be gambling on their work rate if you let an employee work for you from home.

              better to contract so if you do feel they are slow you can get rid of them much easier and dont have to go down the proper channels of play.
              $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

              Comment

              • rowan
                Too lazy to set a custom title
                • Mar 2002
                • 17393

                #8
                If I could find somewhere close by it would be ideal, but it's unlikely as I'm in an outer fringe suburb. I also like being able to walk out of the home office for 2 minutes and say hello to my wife and daughter (even though officially I don't have to until 6pm!)

                Comment

                • Sosa
                  In Tushy Land
                  • Oct 2002
                  • 40149

                  #9
                  Originally posted by BradM
                  Depends on your company. An LLC can pay contractors.
                  I have a S-Corp and that's the reason why I'm going to talk to my accountant about it

                  Comment

                  • fris
                    Too lazy to set a custom title
                    • Aug 2002
                    • 55703

                    #10
                    didnt know their was money in this line of work
                    Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence.

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                    • shoeaholicanon
                      Confirmed User
                      • Feb 2007
                      • 1003

                      #11
                      yeah if you will be the only one working there, then there's no point.

                      Comment

                      • Vick!
                        Confirmed User
                        • Nov 2005
                        • 6882

                        #12
                        I don't have an office yet, but I'd get one when I need some 2-3 guys work for me on-site. For me, they can be programmers/designers.

                        It doesn't depend on revenue but requirements. I earn quite good and can afford an office but currently I don't actually need one so I am not getting it.
                        Affordable Quality Web Hosting

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                        • The Real Deal
                          Confirmed User
                          • Apr 2005
                          • 570

                          #13
                          If you work out of your own home you are an unprofessional idiot... where you going to interview prospective employees? Your kitchen? Where are you going to have meetings with clients? Your garage?

                          Any self respecting business owner has an office plain and simple.

                          People that work at home obvious are unprofessional or can't afford office space

                          Comment

                          • Lykos
                            Too lazy to set a custom title
                            • Apr 2003
                            • 31032

                            #14
                            The moment u start geting workers,we have 9 of them now,and they are in all in office,i still like to work from my house much more,lol

                            Comment

                            • IllTestYourGirls
                              Ah My Balls
                              • Feb 2007
                              • 14311

                              #15
                              Originally posted by The Real Deal
                              If you work out of your own home you are an unprofessional idiot... where you going to interview prospective employees? Your kitchen? Where are you going to have meetings with clients? Your garage?

                              Any self respecting business owner has an office plain and simple.

                              People that work at home obvious are unprofessional or can't afford office space
                              I work with people that make six figs that work out of their homes (not in this biz, but my other biz)

                              Comment

                              • KaliC
                                Sexy Beast
                                • Jan 2005
                                • 617

                                #16
                                Originally posted by BradM
                                When is it time to get your own office? At what point revenue and time wise do you decide to get a workspace outside of your own house?

                                Do you figure it out by distractions, by income generated or what is the special formula?
                                It's up to you, some CEO's of major Inc's work from home. Some people a office onto there house for a full business to run out of. Just depends.
                                AdultWebHosting.com

                                Comment

                                • KrisKross
                                  Confirmed User
                                  • Jan 2006
                                  • 5025

                                  #17
                                  Originally posted by The Real Deal
                                  If you work out of your own home you are an unprofessional idiot... where you going to interview prospective employees? Your kitchen? Where are you going to have meetings with clients? Your garage?

                                  Any self respecting business owner has an office plain and simple.

                                  People that work at home obvious are unprofessional or can't afford office space
                                  If you're going to play Mr. Bigshot, at least buy a clue first.

                                  Comment

                                  • a1ka1ine
                                    Confirmed User
                                    • Apr 2002
                                    • 3387

                                    #18
                                    in this biz you can be a millionaire from your bed! just outsource :D i do miss office antics though

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