How to Transition from Full Time to Part Time Work outside the Home

When you run a business from home, you may find that you get to a point where you need more time to grow. There are only a certain number of hours in a day and when you work full time outside the home your hours are even more limited.

When you get to that point, you need to make a decision as to what you’re going to do. Will you leave things alone and not grow anymore or will you take the steps to increase your hours?

If you choose to take the steps to increase your hours, the option for you is to go from a job that is full time to a job that is part time. That way you still have a guaranteed income stream, but you’ll have two or three additional hours a day to grow your business. One thing you need to remember is you must prepare yourself and your family so the hit won’t be too bad.

One thing you can do is stick money back so you have four to six months worth of income in your savings account. That will make you feel better about the decision you make and you’ll be able to pay the bills until you see the increase in your business.

Another thing to consider is decreasing your bills so you have less money needed. You can remove channels or get rid of your cable, remove options on your home phone line or get rid of it if you have a cell phone, and take steps to lower you monthly bill for electric, gas, and water.

There are a number of things you can do to lower or eliminate your monthly bills to save money. You should talk to your creditors and ask what your options are for lower payments.

One last thing you can do is increase your work time by one hour a day or a couple of hours during the weekend so you can increase your income a little more. You can do this by spending your lunch hour working or work for an hour before you go to work or an hour later in the evening. This will give you the ability to save more money until you can transition into part time work.

Transitioning from full time to part time work can be hard at first, but you can do it if you’re determined to make it work. When you plan and prepare ahead of time, your transition will go better then it would if you didn’t. It will be an adjustment and things may be tight until you get to a point where your income increases to where you were before, but if you plan ahead you won’t be affected by it too much.

Corrie Petersen runs a successful Virtual Assistant business. She has a goal of helping her clients run successful businesses through the services she offers. If you’re ready to take your business to the next level, visit her site at www.virtualfreedom4you.com.