More and more companies are going completely remote, but is the transition just for your business?
If you work on a start-up or own a small business, you may have already considered making your business completely remote, which means you do not have a central office and all your employees telecommute. Although this is not always possible, it offers a number of benefits for those who pursue it.
These are just some of the advantages of being completely distant:
• Less overhead . You will not need to pay for real estate nor will you pay for rent. This represents massive cost savings.
• Higher productivity . Studies show that people who work at home tend to be more productive on average, which means your team will have more work than ever before.
• Fewer trips . Your team will not need to move every day, which gives them more free time and less stress to manage.
• Less expenditure . On a regular basis, you will not pay for things like office supplies, utilities and appliances, so you'll save thousands of dollars a year.
• More options . Hiring remotely means you can attract talent from across the country, or even the world, rather than focusing exclusively on locals.
Key Considerations for Success
Obviously, going remote is not that simple. There are some disadvantages, so if you want to stay effective, you will need to implement these strategies:
• Stay Communicative . Make sure your team stays in touch with each other, as most of your employees are online at one point.
• Use the right systems . Having a good project management and collaboration system in place is crucial to allowing your team to finish their work effectively.
• Define expectations proactively . Set clear expectations as to how your team is supposed to act and how they are responsible even when working remotely.
Going completely remote is not for all businesses, but for those who adopt the model, it can save money and improve productivity instantly.