Benefits of Working From Home as a Business Owner
Businesses all over the world have had to get used to working from home over the last 2 years or so, but what if there wasn’t a pandemic? Would working from home be something you’d have introduced as a business? Chances are you probably wouldn’t! Working from home is something that has been debated for years. Is it a good idea to allow your employees to work from home? Some may say that they are concerned that their employees would not perform as effectively in a home environment, while others are concerned that employees will take advantage of their newfound independence. The benefits of letting your employees work from home if they so desire can’t be overstated, so think about it before making a decision.
Consider how much you spend on the office lease, stationery, office snacks, utilities, and other expenses. You’d save a lot of money on all of these expenditures if you had fewer employees (or none at all) in the workplace. By reducing office refreshments alone, IBM has saved roughly $100 million per year!
If you don’t want your office to be completely empty, stagger your team’s rotas so that they are in at least one or two days every week. You’ll be able to keep track of their development, and they’ll be able to ask you questions or express any worries.
It’s easy to panic about assigning duties when your team isn’t sitting in front of you in the office. However, with technological advancements such as Trello and Basecamp, it’s now easier than ever before. Without having to see your team in person, you can effortlessly create tasks, send messages, and even due dates for them.
You won’t have to worry about file sharing if you’ve provided your employees with a rent macbook pro so they can work from home. Teach your employees how to Airdrop from a Mac to an iPhone so they can easily transfer data and files to their home computers. Renting a macbook pro is also great for business, going back to the money saving idea of things. While buying one means it’s completely yours, you’ll need to make sure you’ve got the IT support on hand and keep up with maintenance of it. When you rent, this is all taken care of, which as the heading says, makes your life uncomplicated.
When you work in a pleasant environment, you’ll naturally work harder and more efficiently, and the same principle applies to individuals who work from home. Employees who work from home are 13 percent more productive than those who work in an office, according to studies. This is due to the fact that they are happier, more comfortable, and can think more clearly. Not only that, but being able to slightly adjust schedules to accommodate children and other obligations implies your employees will make up hours on their own time as well.
Spend less time commuting.
We all know how inconvenient commuting is, and allowing your employees to work from home means they won’t be stressed out by public transportation or the commute to work. Not only that, but they’ll save money on gas while also helping the environment!
Allowing your team to work from home demonstrates that you trust them to do their tasks. Trust is a critical component of working relationships, and once it is established, your employees are more likely to concentrate more at their jobs while also being happier. Imagine being able to work from home knowing that your boss believes in you and that you can still run personal errands as long as you make up your hours…sounds pretty fantastic, right?
You can hire the best of the best, regardless of location
Hiring employees can be challenging, especially if you’re searching for someone with a specific skill set. Allowing employees to work remotely allows you to hire more qualified employees regardless of their location, which will help your company grow. Outsourcing is another way to hire the best people for the work, but only for a limited time. So, if you’re searching for a freelancer to join your team on a temporary basis, look to websites like Fiverr and Upwork!
There are fewer sick days.
We’ve all been in that situation. We pulled a sickie from work because we awoke weary and fed up. When you can work from home and don’t have to deal with a long commute or obnoxious coworkers, you’re less likely to call in sick, and your company will profit as a result (not to mention less intervention on your behalf).
Increased employee loyalty
Every entrepreneur aspires to have loyal employees, and giving them more flexibility in their professional lives will strengthen their commitment to you and your company. So, if you ever need something done quickly or require someone to work overtime, you’re more likely to get offers than if you don’t allow your employees to work remotely.
Boost your company’s image
You’re looking for strategies to boost your company’s image in the eyes of customers, prospective buyers, and competitors. Allowing remote working demonstrates your ability to be dynamic and versatile, two qualities that are attractive to anyone you wish to impress. Who knows, you could find yourself with a waiting list of potential new employees!
No more time wasted on meetings
Finally, there will always be a time when you need to convene a meeting of your employees to discuss issues, recognize hard working people, and motivate one another. Because you can perform all of this in a remote working place like Slack, you won’t be wasting hours annually at these meetings if you work remotely. You can interact with your team quickly and simply, similar to Basecamp, and save time for everyone involved!
As you can see, there are numerous advantages to allowing your employees to work from home. So, what do you have to lose? Start saving money, increasing productivity, and witnessing happy employees right away!