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Benefits of a Home Based Graphic Design Business - RD024

Benefits of a Home Based Graphic Design Business - RD024

FromResourceful Designer: Strategies for running a graphic design business


Benefits of a Home Based Graphic Design Business - RD024

FromResourceful Designer: Strategies for running a graphic design business

ratings:
Length:
33 minutes
Released:
Feb 25, 2016
Format:
Podcast episode

Description

I will never work for someone else again. That's how I feel each and every day that I sit down in my home office and get to work. I spent over 15 years working as a graphic designer at a commercial printer. It was a wonderful place to work. The people I worked with were great, even my bosses. I wouldn't be the graphic designer I am today if not for my time spent there, but I wanted more. In the summer of 2007, after a year of running a part time web design business in the evenings, I handed in my notice and took the plunge into full time entrepreneurship and never looked back. Running a graphic design business, especially a home based graphic design business has offered me freedoms I couldn't imagine before. When people ask me if I ever miss working for someone else I can honestly say no. After being on my own for so long I don't think I could ever go back to being someone's employee. But running a home based graphic design business isn't for everyone. In the previous episode of Resourceful Designer I talked about the dangers of running a home based graphic design business. And although I used the word "Danger" in jest, it is true that this work environment isn't for every designer. However, if you don't have a problem being all alone every day, then the benefits of running a home based graphic design business greatly outweigh the isolation you'll need to put up with. In this episode of Resourceful Designer, my graphic design podcast to help you run your own business, I cover the benefits that anyone thinking of running a home based graphic design business can embrace. Listen to the podcast for the full discussion. Business Benefits Choosing your clients: One of the first benefits you'll discover after starting your own graphic design business is the level of clients you get to work with. Being in charge means you can turn down the clients and jobs that don't suit your needs, leaving you with quality clients to create relationships with. I realized myself that after 15 years at a printing company, designing things for people who were there to have something printed, I was finally dealing with clients who truly know the benefits of working with a graphic designer. Clients seeking your services will respect your skills and abilities much more and listen to what you have to say. Being a business owner puts you at their level and allows them to view you as an equal. Work hours and money: One of the fears designers have about starting a graphic design business is the lack of a steady paycheque. Working at an agency or as an in-house designer guarantees you a weekly salary. Whereas working from home means your income is dependent on the clients you engage and the work you produce. What these fearful designers sometimes fail to recognize is that the rates they can charge are much higher than the hourly salary they earn as an employee. When I started my own business I made the calculations and realized that I only needed to work 12 billable hours per week to bring in the same salary I was earning working 40 hours at the printing company. That freedom allows a home based designer to spend part of their week working on self promotion and attracting new clients. Overhead and Write Offs: The benefits of working from home create so many tax breaks and write offs that drastically help your bottom line. I already covered tax deduction you can claim as a home based graphic designer back in episode 18 so I won't go over them again. But I can tell you that they make a huge difference. Fuel savings alone for not having to drive to and from work each day is a huge benefit in itself. Home Benefits There are many benefits to working from home that don't have to do with your business. The fact that you spend your days in the place you live, gives you the opportunity to do things you couldn't do if you were working somewhere else. Doing chores: Taking a few minutes during the day to do a few chores can free up time later to spend with your family. Th
Released:
Feb 25, 2016
Format:
Podcast episode

Titles in the series (100)

Offering resources to help streamline your home based graphic design and web design business so you can get back to what you do best… Designing!