When many businesses start out they are often based at home. This is understandable for several reasons. Many business ideas stem from hobbies or interests and develop into commercial opportunities. Most new businesses start from home to keep costs down during the businesses infancy. Some businesses continue to operate from home as ecommerce, drop shipping and online shops has removed the need for an actual presence on the high street.
Most home based businesses choose to operate as a limited company or sole trader. Either way the owners of the business have to consider whether or not they want to declare their home address as their main business address. Whilst some people may not have any problems with this there are a few points that should be considered.
If you choose to use your home address for your business, this will be declared to the tax authorities, company registry, and other government organisations. All of your letter heads, adverts and other correspondence will need to show your home address. If your business is web based then most clients expect to see an address provided in the contact details. Your address is then freely available for everyone...
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