4 Tips for Managing Your Business Across Different States

By: Annabelle Harris

You’ve been running your business in several states, and as you expanded your company, you grew your real estate portfolio, too. Now, you’re a homeowner in these states, and you’re trying to get a handle on all of your responsibilities. With a little assistance from Philly Home Organizer, you can create comfortable workspaces in your homes! Furthermore, these tips will walk you through key business tasks and financial considerations.

Secure Your Properties

If you regularly travel between properties, you might find yourself worrying about home security when you’re away, especially if you store valuable business equipment at your various homes. Investing in the right security tools and home goods is the key to keeping your family and belongings safe when you’re out of town. From security cameras to alarms to digital locks with passcodes, there are plenty of tools you can rely on for peace of mind. Before buying any new products, just make sure to check out informative reviews from unbiased sources.

Assign a Registered Agent

If you haven’t already chosen a registered agent for your business, now is the time to do so! NerdWallet states that when you register your business with a specific state, you will also need to choose a registered agent who maintains an address in the same state. This means that even if you own properties in multiple states, your chosen registered agent will need to live in the state where your business is legally based. Your registered agent can handle lots of business tasks in your absence, from tax notifications to lawsuits. Just make sure to outline key workflows and processes for whoever you appoint!

Choose the Right Insurance Coverage

If you live in multiple states, buying health insurance can quickly get complicated. To sum it up, you’re required to purchase a health insurance policy in the state where you maintain your permanent address, which means you cannot take out policies in two states at the same time.

But what if you have some flexibility in where you establish your main residence? You may want to research which state offers the cheapest policies while still providing adequate coverage. Remember, you should automatically have emergency coverage in every state, so no matter where you are, you can always seek medical care if you need it. Keep in mind that you’ll also need to buy auto insurance in the state where your vehicle is registered, so try to register it in an affordable state if possible.

Analyze Your Cost of Living

As a homeowner with properties in several states, you’ve undoubtedly noticed that your cost of living differs depending on your address. By researching the cost of living in each state where you own property, you can take advantage of the most affordable prices for different services. These financial figures can help you sort out your budget:

  • If you need to store your belongings while moving to or from Las Vegas, NV, these LV units cost $125.87 on average.
  • In Philadelphia, PA, you can anticipate spending about $1,340 on health insurance premiums per year.
  • Do you live in New York City? If so, Smart Asset recommends that you budget about $486.71 per month for groceries.
  • If you’re raising children in Wilmington, DE, your daycare costs will hover around $883 per month.
  • Aspiring homeowners in the Salisbury, MD area should keep in mind that the median list price in the area is $228,950.

When you’re an entrepreneur managing a multi-state business, owning properties in the different states where your business operates can be a smart move. But managing your life on the go can be tough! With these tips, you’ll feel better equipped for refining your budget, finding a registered agent you can rely on, and securing your properties.

Want to renovate your properties to better accommodate your business? Turn to Philly Home Organizer for help! Fill out the contact form on our website today to get started.

Photo via Pexels Andrea Piacquadio

Lifestyle: The Relentless Pursuit of Material Things

When the pursuit of happiness gets jumbled up with the pursuit of material things, the outcome will never be a good one. A change of attitude can change your world.

Keeping up with the Joneses can be exhausting, and frankly, they probably do not even notice, or more importantly, even care. In the end, you wind up in debt and with the unavoidable added stress as a reward.

When something is brought into a home, it decreases the perceived value of everything else in that home. We eventually forget what we have and, more often than not, create one big chaotic mess for ourselves. It takes time and energy away from more important things.

Clutter leads to guilt which will never lead to happiness. It all brings us down so we go out and buy more to make us feel better. New stuff has a way of doing that but the high does not last for long. Breaking the cycle is the ultimate cure.

Appreciate what you have and surround yourself with only the things that bring joy into your life. By clearing your home of clutter, you will be clearing your mind of it as well. Only then, will you be able to focus and pursue what really brings you happiness and chance are, it will have nothing to do with the Joneses or burning a bigger hole in your pocket.

For more information on this topic, visit www.phillyhomeorganizer.com.

Lifestyle: Redefining the American Dream

The American Dream as we know it has taken a beating. For many, a good secure job and the hope for a big beautiful house equipped with all of the trimmings has all but been left in the dust. While a more promising future may be on the horizon, there are lessons to be learned today.

Hard work, commitment and an intense drive to get ahead are all key ingredients to success but sometimes fall short. Living large now will not lead to a carefree future and retirement.

Despite the obstacles, we all have some say as to our destiny. By living within our means and appreciating what we do have, we can create a fulfilling lifestyle. It may take a little ingenuity but is well within our grasp.

For the vast majority, a house will by far be the largest investment of a lifetime. The old adage that “less is more” certainly applies. By simply cleaning out the clutter, a home will suddenly feel less crowded. Go a step further by using smart storage solutions to organize the remaining contents and that same house will feel even more spacious. Perhaps the answer has never been bigger and better.

By simplifying the home front, more time can be devoted to more worthwhile pursuits. Shackled by debt and worry will never put anyone on the road to the Promised Land. The freedom to become all we can be may have been the American Dream all along but we just got a little lost in all of the material stuff to realize that we were already in reach of grabbing the brass ring.

For more information on this topic, visit phillyhomeorganizer.com.

Clean Out before Putting the House up for Sale

Moving into a new house is usually a life changing event. It is a fresh beginning. Out with the old and in with the new has a nice ring to it. It is also an opportune time to get organized and clean out the clutter.

Cleaning out and organizing an existing home could very well mean more money in your pocket. Neat and orderly homes show better to potential buyers. People can actually visualize themselves living in this dream home. The rooms will look larger when there is less stuff lying out and about as well.

Clutter cannot be hidden like it can when company is coming to visit. Basements, attics and most importantly, closets are all fair game and open to inspection. Crammed spaces look smaller and remind buyers of their own storage issues. The majority of people will not buy a particular house if they do not think that it has enough storage space.

The neater that a home appears, then the more attractive it will be to a wider audience of potential homeowners. It is likely that the house will sell more quickly and at a more lucrative price for the seller.

Lastly, clearing out lightens the load and does wonders for a person’s peace of mind. It is the catalyst that helps jumpstart a new beginning.