Rent payments, in many cases the single largest expense in running a business can be a major stumbling block to getting started. The high overhead costs that kill so many new businesses are low, sometimes nonexistent, when your home becomes your place of business. The reduced overhead means a lower operating break-even point. Even when the money for rent is available, the accompanying requirements for a security deposit, maintenance, and cleaning fees or the pressure to sign a long-term lease can be overwhelming. Converting a portion of your home into workspace enables you to avoid this, lowering both your costs and your risk.
Some business people use their office rent savings to buy houses or other real estate investments.
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