There are many ways in which you can be able to work and generate an income for yourself. Working from home is one way that is popular today. If you are considering this option, you should take time to fully understand the advantages and disadvantages of working from home.
Working from home provides a number of possibilities and options to you, business or enterprises.
I have been working from home for a while now. It is a concept that is working for me. I like it because am able to be in charge of my own schedule, including not wasting time on traffic every morning or evening.
It is good to have the ability to wake up, have breakfast and walk into the home office, all within the same location or compound.
You might be looking for something like that. If that is the case, then you should focus on working from home.
Working from home has advantages and disadvantages. However, if the benefits outweigh the drawbacks, you will make a decision to set up your home office or working desk.
What is working from home?
Working from home is the concept or idea that you can work from home.
If you run a business, working from home means that your employees can work remotely instead of going to a physical office.
It is important to understand how remote working or working from home works. This would help you leverage on it to get the best value from this way of working.
Advantages and Disadvantages of Working from Home
Advantages of working from home include; flexibility, increased productivity, expanded pool of talent, saves money and creates a better work-life balance.
The disadvantages of working from home are home distractions, feeling isolated, working long hours, lack of capacity and initial costs for set up can be very high
Advantages of Working from Home
Working from home comes with certain advantages or benefits. These include;
- Increased Productivity.
- Expanded Pool of Talent.
- Saves Money.
- Better Work-Life Balance
Let us now look these pros of working from home.
You are going to have great flexibility when you start working from home. It is a way of work that provides you with extra time to do more than just work.
With the time you save from commute, it is possible to do other things when at home.
Studies show that people who work from home are more productive by about 20% to 25%.
This is a huge advantage.
It means that if you focus on your work and the goals you want to achieve, you have a very high chance of achieving them if you work from home.
Expanded Pool of Talent.
When you are working from home or running your business remotely, you will be able to access skills or expertise from across the world.
This expands your pool of talent available to you.
You are not limited to working with people from you own locality or city. You can hire people from different parts of the world.
This allows you to get the best skills or expertise for your business.
You are going to save money by working from home.
If you think about it, remote working allows you to avoid commuting. This has the potential of saving you transport or fuel money.
As you work from home, you might find time to deal with some other items in the house that would cost you money to deal with.
For example, you can eliminate or reduce your child care costs because you can take care of your kids.
Better Work-Life Balance
Another advantage of working from home is ability to get or achieve a better work and life balance.
You will be able to manage your personal and professional life better.
It is possible for you take care of your family, engage more with your friends, undertake and improve your hobbies.
This would be impossible when you have to commute and go to your office.
Disadvantages of Working from Home.
While you have noted the advantages of remote working, it is also important to note that working from home has some disadvantages.
Being aware of these cons of working from home is going to help you when evaluating this kind of lifestyle.
The disadvantages of working from home include;
- Distractions at home.
- Feelings of isolation.
- Working long hours
- Lack of capacity.
- High initial set up costs.
Having listed the above, let us now discuss them further.
Distractions at Home.
If you are working from your home, it is possible that you will be distracted by your family members, or other things in your house.
This means that you might not be able to focus or concentrate on the work you are supposed to do.
Feelings of Isolation.
When you are working from home, you might feel disconnected from your colleagues.
This is hard if you have been used to interacting with people.
In your home office, you are all alone. You are spending all the time by yourself.
This has the potential to make you feel isolated from the world as a whole.
Working Long Hours.
I have been working from home for a while now. My experiences shows that it is possible for someone to actually end up working for long hours.
If you are not good at managing your work flow or schedule, you will find yourself at your desk at all times.
Having your work from home space alongside your other home activities is very tempting. You will feel being drawn to work more than you would if you were at an office.
Instead of spending time with your family, you might want to check that email, send a much important email to a client, or finish on the project you were working on earlier.
Therefore, working from home has the disadvantage of making you work for longer hours.
Lack of Capacity.
It is possible that you might not have the capacity to fully function while working from home.
You need to ensure you have all the tools you need to make your home office or remote working desk functional.
While the will might be there, other factors might make it hard for you to work remotely. For example, lack of space in your house, or internet connectivity.
High Initial Setup Costs.
The initial cost of setting up a home office can be very high. This is something to consider if you are starting from scratch.
For a business, setting up costs for all employees who will be working remotely can be a huge financial undertaking.
You should consider costs of such things as laptops, office desks and chairs, internet connectivity and other office items hen considering working from home.
In conclusion, working from home is an option that is available to you. However, you should be aware of the advantages and disadvantages of this way of doing things.
It is your responsibility to research and find out if this system would work for you. When the pros outweigh the drawbacks, then it is a good idea to start working from home.
If you are a parent, you might find working from home very attractive. It can help you spend more time with your family, while you still get time to work and deliver results for your business or organization.
It is also good to understand your personality. Are you able to work from home? You might be easily distracted by working from home.