Recently Microsoft has made some changes to Office 365. End users are able to choose between two different types of accounts: Home or Business accounts.
Home is always linked to one individual in a sense, while you will be required to join everyone in your company when you sign up for the business account. If you’re not planning to share files in your office, then the home account is more suitable. A home account is more suitable if you have several PCs at work. You can make use of the same address for all of them. If you have only two or three computers in your office, then a business account is better. It allows you to collaborate with other users and facilitate managing the files.
Email addresses Each account can have up to 5 separate email addresses associated with it. If they are to be used as the primary address for mail, then the first address is your primary address, while the second address is an alternate and then on. Home accounts are not able to use this feature however business accounts do. You can create an account for your home, and your first email will be your primary. However, subsequent emails will have the same user name as the sender. This can create confusion since they might look as though they were sent by your account even though they were received from a different person within your business.
Limit on the size of files Limit on file size Home account is 20GB. If you’ve got several large files to transfer to your business, a business account would be more beneficial since for each user, and each office365 webmail (Hotmail/Outlook) mailbox, you can have 1TB of storage that is virtually unlimited in terms of file size.
Home accounts are intended to be used for email sharing between you and family members. You cannot share documents but there aren’t other limitations. Business accounts however, is completely free of restrictions on whether you can share documents or not, however it does not permit users to share their email with others (so basically every user is required to have their own mailbox).
More information: Microsoft Live/Outlook/Hotmail accounts can be joined up to five people. That means in order to create a new address, we need at least two of these accounts. However businesses accounts do not limit this and you are able to add as many email addresses to yours as needed.
To learn more, click office 2021