A business address is an address that is used to appoint your main place of business. Your small business is supposed to be operating from this address, but that might not always be the case. Business address options can be a physical address (your home address or commercial space) or a post office box. Which of these make sense for your business? Below is some additional information for each of these options.
This would be the easiest way to get a business started, and it comes with many conveniences. The benefit of no extra fees, ease of receiving mail/packages, and the amazing commute gained when working from home. You may not want your client to think that you are working out of your basement to process their financials, for instance, but to realize that you have a dedicated space to maintain confidentiality.
Suppose you have the financial capacity to make this decision. In that case, this will provide a real street address, protect your privacy, provide a professional space/image for meetings, and allow for mail/package delivery.
There are options in this category that may allow for a step in without buying real estate immediately, such as:
- Virtual mailbox services
- Private mailbox stores
- Virtual office/business centers
- Coworking spaces
- Commercial offices
PO Box (Post office box)
If you have simple basic needs for a mailbox service, a PO box may be a smart and affordable option. A PO Box is always located within a physical post office. It can become challenging if you are receiving a high volume of mail or packages outside of US Post Office delivery.
Keep in mind having a physical address compared to a PO Box can impact other aspects of your business. You will be setting up a bank account, and insurance, and you will be responsible for taxes (to name a few scenarios). Do your research, as typically you may need a physical address to complete these steps. Also, don’t forget to be thoughtful of the privacy and professional persona that your business address may present.
If you have any questions about the address for your LLC, PO boxes, or anything related to small business, please contact us at email@example.com
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Our consultants here at the Duquesne University Small Business Development Center can assist you with your small business. We offer no-cost business consulting in Southwestern PA. You can request consulting here.