Interesting question,
As one who had started several businesses over the years, this is indeed a question many will have, how do you operate a traditional business from home. No doubt, many will not want strangers coming to their home, so it depends on your specific business. Many professional services are operated from home, accountants and lawyers are a couple examples who may have in home offices, at least mine do. But like anything, if you appear professional, have a seperate entrance to office, etc., then no problem.
I had a traditional travel agency which I started in a retail mall, but as lease costs continued to rise, it made no sense any longer, especially when industry was cutting commissions, so I made decision to move office to my home, again, seperate entrance and office, proper signage, parking, etc., and with the reduced cost of overhead working from home, plus tax write offes, it made perfect sense to me at the time. Since I had already established a client base, it was an easy transitition.
For a start up business, not as easy to start from home, but as many have done, who visit clients place of business, not an issue. Like any business, you have to appear to be a professional, so if your business requires clients to come to you, then you better have a professionally set up seperate office in your home, with proper signage, parking and office environment. I had converted space on opposite side on home on ground floor which was all business, no sign of typical home environment from street level, so as with everything, you have to be professional, and your place of business must look professional as first impressions are the most lasting.
Today with internet explosion, I have shifted my focus to online businesses and rarely have need to have anyone visit my office any longer. Retail type businesses are all struggling, malls are vacant, retail lease costs are through the roof, and consumers are more conditioned to shop online these days, so I would never have a high overhead retail business again. In my current business from home, it is show and tell, not sell, so as with all businesses, what was hot yesterday does not mean it will be hot today, never mind tomorrow.
Follow the trends, stay ahead of trends is my best advice. We all remember how hot video movie rental industry was with thousands of outlets, and then the big boys took over like BlockBuster, and now look, you can access hundreds of thousands of TV shows, Movies, even in the theater movies all with new FREE-StreamTV access, so as Netflix killed BlockBuster, along with RedBox vending machines, once again a retail overhead is no longer needed, and as I see it, we are now looking at a shift to streaming TV whereby cable and satellite companies will be next to fall. I always follow the trends, especially when it comes to latest technologies, so when you are working from home, it is so easy to transition to a new business category, and that has been the key to my success over the years. When you save money, you can offer more for less, better prices and better value, and we all want to save money in these difficult times. A business which saves the masses a ton of money on what they are already spending with cable or satellite access is the hottest new technology trend in todays market. Free-Businesses combined with saving your clients money is where you will find success.
Success to all,