Your business will save money - If you can manage to run your business without the need for an office you could save thousands of dollars a year. Imagine having that weight lifted from your shoulders!
Increased staff efficiency - There is a myth that staff productivity will decrease if given the freedom and flexibility to work from home. I have found the complete opposite to be true. Working from home means that there is no long commute for your staff. Not only does this reduce their stress levels, but it also increases the amount of available time for them to dedicate to work. This can increase efficiency hugely saving your staff time, and you money! Giving staff the freedom to work in a way that suits them drives them on and motivates them. It is easy to measure the output of staff members if you are concerned about their role.
Financial security - Having the reduced overheads that come with your staff working from home means that during times of economic slowdown your business is well-protected. While your competitors have to pay out for expensive office space that they don't need as clients dry up, your business can continue to thrive.
Beat the fuel hike - With fuel taxes set to increase steadily over the coming year what better way to save you and your employees money than by cutting out the commute? This will not only save money but it also reduce the carbon footprint of your small business.
Tap in to an undiscovered work source - There are groups of people for whom working in an office is not a practical. I consider these groups to be an untapped work source that could be an asset to your small business. An ideal example of people in this category are parents; childcare is hugely expensive and allowing people the flexibility to work from home means you can gain the staff others are missing out on!
If you are holding on to the idea that meetings have to be held in a conference room, it’s time for you to reconsider. more