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New guide for people starting up a business from home

The Scottish Government has produced a guide to help people starting up and running small businesses from home, after an FSB report revealed that around half of all Scottish firms are home-based. 

The guide offers advice on areas such as whether working from home would suit individuals, legal obligations, start-up costs, IT and growth options. 

Susan Love, FSB’s policy manager for Scotland, said: “This increasingly important group of firms is providing services, creating jobs and driving exports. We’re pleased that the Scottish Government has delivered this support.”

The FSB report found the most frequently cited reasons to operate a home-based business were the nature of the business (65 per cent), convenience (61 per cent) and to reduce costs (56 per cent). 

One in three (31 per cent) specifically highlighted the high cost of commercial premises, with the same number citing improved work-life balance (31 per cent) and over a quarter (27 per cent) saying they wanted to avoid commuting.

Caroline Wylie has been running her business Virtually Sorted from home for the past 10 years. The company provides admin support for small firms, and employs 25 people working from home. “Clients get better response times, and I have a nicer lifestyle,” she said.

The guide can be accessed at bit.ly/2h04TJC