Can I Turn the House I Own Outright Into a Business?

Can I Turn the House I Own Outright Into a Business? thumbnail
Convert rooms in your home into your place of business.

Starting a business is an exciting adventure. Your paid off home might be just the right location with low overhead cost. Use your home as a business if it is zoned appropriately, is visible, accessible and comfortable to your clientele.

  1. Zoning Laws

    • Property is zoned for commercial and residential uses. A residential home cannot be used as a business without a change in zoning ordinances. Some conditional use permits allow home businesses if certain criteria are met, including providing a minimum number of parking spaces or running a paper-only business that does not require regular interaction with the public. Confirm zoning boundaries at your local town or city clerk's office.

    Codes

    • Building codes exist to promote and maintain safe living and working environments. Your house might require costly upgrades and improvements to comply with a business building codes rather than those of a single-family home.

    Finances

    • When starting a business, it is a good idea to keep overhead costs, such as rent, low. Certainly using your house fits this category. Keep improvements at a minimum to avoid having to take out a mortgage on the property to get your business up and running.

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References

  • Photo Credit table, lamp and mirro image by terex from Fotolia.com

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