Run your business from home for a start

A recent study from the National University of Singapore reveals a significant 23% increase in new businesses being run from residential properties following the introduction of the Home Office Scheme. NUS Professor Sumit Agarwal, co-author of the study, shares insights into the advantages of operating a business from home and provides essential tips for success.

Advantages of Running a Business from Home

Professor Agarwal discusses the benefits of the Home Office Scheme, including cost savings and flexibility. The study highlights how this scheme has facilitated the growth of home-based businesses, allowing entrepreneurs to manage their operations with greater convenience and reduced overhead costs.

Key Do's and Don’ts for Home-Based Businesses

The episode also covers practical advice for successfully running a business from home. Professor Agarwal outlines important considerations, such as maintaining a professional environment, managing work-life balance, and complying with regulatory requirements. He provides guidance on how to avoid common pitfalls and ensure that your home-based business operates smoothly.

This discussion offers valuable insights for anyone considering starting or running a business from home, emphasizing the benefits and best practices for success.