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Answer: Many small business owners start their businesses from their homes because they offer low-cost office space, as well as giving you the freedom and flexibility to work the hours you want. Whether you choose to do this or not depends on how suited your business is to a home environment. For instance, if you're operating dangerous equipment or doing things that conflict with residential zoning laws, you'll have to locate your business elsewhere.Other small businesses make their home in low-cost shared office complexes. Others swap space for bartered services. If it suits the nature of your business, you can go completely “virtual” and have no office space at all – just a laptop and telephone access and you're all set.