If you have recently entered the startup world, congratulations! I assume you have just started a business. When it comes to running a business and starting everything from scratch it can be a big challenge. Of course the first and probably most major worry is the financial aspect. If you have negotiated a loan from the bank or you have been able to rent a space so you can operate out of a location this is one of the trickier aspects. But when it comes to running a business out of your home, there are definite pros and cons when you compare it to working out of a central location.
If you have the luxury of a team working for you, and they are all willing to work from home, this can give you a financial advantage. As you do not need to operate out of a site, saving on building rental costs when it comes to doing this, you need to make sure that your communication methods are excellent. An issue when it comes to communicating with people over multiple sites is that the personal touch is lost. A way of reducing these issues would be to install a VoIP (Voice-over Internet Protocol) system. It is a phone system where you connect to the Internet instead of Connecting to a phone line. So that saves you costs in terms of phone calls, and the system can connect to people’s emails as well as mobiles. So you could send an answer phone message to a person’s email inbox instead of their phone.
Another issue when it comes to working out of your home is the matter of the registered business address. With working out of a residential address, it doesn’t make your business look to professional. A way to overcome this is to get the assistance of a virtual office. They have many benefits for start-up companies, and one is to have a professional mailbox address, and they can forward the mail to you. This gives your business a good impression with clients.
The case for working in an office or out of a location is as strong as the case for working out of your home. If the business is just beginning, financially it may feel like a bit of a strain. But when you are working in a group of people, there is a lot to be said for workplace morale. This would be virtually non-existent in a home office setting. As the business would be fragmented.
Financially there are Investments you would need to make to maximize efficiency. Such as investments in equipment like CRM (Customer Relationship Management) systems. Having the right software to collate data can be very useful, especially if you are running a particular style of business with a niche market, such as screen printing. You can find professional screen print software at ShopWorks.
Finally, a business location, whether it is a shop or a small office, does wonders for creating a unified front. It helps to reinforce important things like business ethos. As a business is as much about the workers as it is about the product, having a physical location may be what you need to give your company a sense of cohesion.