There are many aspects that you need to consider when planning your start-up business. Key areas such as branding and marketing, hiring staff, managing budgets, and much, much more, it’s enough to throw anyone’s head into a spin. One of the other choices you will need to make a new business owner is where you will work from.
Are you a home-based business? Will you use hot-desking? Or are you going to rent an office space for your company? This is one of the bigger things you will have to think about, and a lot can affect your decision. Below are some arguments for both office and remote working to help you figure out what’s right for you.
You might not need to have an office to prove you’re a professional, but there’s no denying that it can help to enhance that image. Having an address for your company that isn’t your home or a P.O Box can help to make your business more legitimate. Furthermore, having your own offices makes it easier to conduct meetings with clients or members of staff, and can make working as a team easier if everyone is in one place.
Remote: It’s Cheaper
Although offices might be better in terms of appearances, your budget might not allow you to pay rents on those kinds of workspaces. At least you might not be able to rent out a suave office in the city center. Remote working (whether at home, a café or hot-desk) is certainly much cheaper than paying monthly rents on office spaces. Your start-up budget will help you decide whether or not an office space is feasible, or if it’s an expense that you think is worth it for your company.
OK, so you can make yourself lunch and a cup of coffee if you’re working from home, but one of the perks of renting out a workspace like these serviced offices Cheltenham is the on-site amenities. They are already set up with WiFi, cafes where you can grab a quick caffeine boost or enjoy a delicious lunch, bike sheds, and showers for those who like to clock in their daily exercise on their commute to work. This way, at least you don’t have to worry about making your staff or clients comfortable when they come and visit you for a meeting, as these amenities can provide that for you.
Another perk of remote working is the flexibility it can offer. If you decided you needed to relocate to another town or city, you wouldn’t need to worry about managing an office from afar, or having to shut down that workspace to move elsewhere. You can work any hour of the day or night, and don’t have to worry about your office building being closed for the evening.
There are pros and cons to both options, and thanks to the current pandemic, people have had to get used to working remotely – but is it better? Think about the points above to help you figure out which option is best for your business.