Tag Archives: Lease Commercial Office Space

Benefits and Downsides of a Remote Workforce

A recent article, Pros and Cons of Hiring a Remote Team by Jon Bradshaw  says that advanced technology provides business owners many tools to expand their workforce outside the limits of their designated offices. In fact, having a remote team is very common amongst startups. If you are planning to….
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A recent article, Pros and Cons of Hiring a Remote Team by Jon Bradshaw  says that advanced technology provides business owners many tools to expand their workforce outside the limits of their designated offices. In fact, having a remote team is very common amongst startups.

If you are planning to work with a remote team for your startup in executive office Lake Mary, you need to understand the benefits and downsides associated with doing so.

Benefits of a remote team

  1. More economical

You don’t need to rent office space for your remote team and pay for other related expenses like office supplies, maintenance and utilities so you can save money each month.

  1. Higher productivity

When hiring a remote workforce you most likely hire workers who are already expert in the field. This means they can easily take on board into the operation without too much time and money being spent on training or seminar in meeting space Lake Mary.

  1. Offer more flexibility

You can easily scale up or down whenever necessary when a large fraction of your team is remote because you don’t need to enter into a long term contract to lease commercial office space. You can create a remote team across the globe which allows you to have a 24-hour operation.

Downsides of a remote team

  1. Legal implications

As the business owner, you need to ensure that you are well informed and updated on all employment laws in each location you have employees. This includes general hiring practices, payroll tax rules, and required employee compensation and benefits.

  1. Management and communication issues

When your team is across the globe, there is usually a big time difference, so you may not be able to work the same time as your remote team. It’s a bit more difficult to have that same face-to-face connection as you can in team office space Lake Mary.

  1. Difficult to build team camaraderie

When the entire team is remote it’s very difficult to create a company culture that inspires the team on a daily basis. It’s much harder to get the team together for team-building activities when everyone is distributed across the globe. That said, you need to think of ways to build trust and confidence among your team. 

Conclusion

There are always pros and cons to any decision in business. Nevertheless, what is important is to understand if having a remote workforce is the best fit for your startup.  So whether you need a remote team in part or in whole, YourOffice has come alongside hundreds of business looking for everything from staffed flexible offices to agile office space. We know your business is unique, and your office space shouldn’t be any different. Let us match the perfect space or service to fit your business needs.

How do you manage your remote team?  Feel free to share your comments.  You can also see us on Facebook.

6 Questions to Ponder Before Launching Your First Business

A recent article, 11 Questions to Answer Before Quitting Your Job to Start a Business by Kenneth Burke says that today, it’s easier to start a business than before.  However, entrepreneurship is not for everyone. Take the time to answer the following questions honestly and carefully before you quit your….
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A recent article, 11 Questions to Answer Before Quitting Your Job to Start a Business by Kenneth Burke says that today, it’s easier to start a business than before.  However, entrepreneurship is not for everyone.

Take the time to answer the following questions honestly and carefully before you quit your job and start your own business.

1. Why do you want to start a business?

 If you’re just trying to flee from issues with your present job in an agile office space then starting a business will be a wrong move.  Nevertheless, if you have the passion and idea, then you’re on the right path.

2. Do you have potential market?

Do some research, if there’s no one interested to buy the product, don’t try to force it!

3. Do you know how to start a business?

You need to prepare yourself before diving in. Here are a few things to consider.

  • How will you acquire/create your products?
  • What kind of business structure do you need?
  • What are the legal requirements?
  • How will you promote your brand?
  • Will you need to hire an employee?
  • Will you need to lease commercial office space?
  1. How much support will you need along the way?
  • How will you support yourself/family as you start your business?
  • Do you have adequate funding to start your business?
  • Will you hire a mentor or learn everything on your own?
  • Who will encourage you to keep going when times seem hard?
  1. Are you ready to handle failures/setbacks?

Do you have the courage to keep going through setback after setback? Can you handle challenges confidently?  If yes, that’s awesome!

  1.  Is the commitment your business will take worth it to you?

If you think your sacrifices will be worth it, then go ahead and start your own business.

Conclusions

These are some of the most important questions you need to consider to guide you in the right direction.  YourOffice offers you a wide choice of office and workspace solutions: virtual office space, meeting room access, and coworking office space. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

Are you ready to start your business?  We’d love to hear your comments.  You can also visit us on Twitter and Facebook.