There are a lot of great ways to run a business. While it has basically been a necessity for businesses to be run primarily in office buildings, the 21st century and the creation of high-speed internet has made business much more flexible.
In fact, chances are pretty good that you have personally experienced just how versatile business can be over the last year due to the COVID-19 pandemic. While we may be getting to a point where people can soon return to working in person again, you may want to consider going virtual for the foreseeable future.
The truth is there are a lot of reasons why you should consider replacing your brick-and-mortar office for a virtual office. Continue reading to learn more about the primary benefits.
No commute times
Whether you are worried about your own commute time, or the commute time of your many employees, a virtual office cuts that out completely, makes employees happier once they get to work and saves time overall. The time spent commuting can now be spent sleeping in a bit or working. Either way, productivity in the early morning and evening is going to get a boost.
Access to worldwide talent
Another major benefit of being the boss at a virtual office is that you no longer have to worry about the geographic location of potential employees. If you are looking to fill a position, you can now choose from a global pool. Better yet, you won’t have to ask any of your employees to relocate in order to make the job work for them.
Employees are more active
Several years ago, a group of researchers at University of Sydney’s Schools of Public Health found that sitting at your desk for more than 11 hours a day can increase a person’s risk of death by an incredible 40 percent! Luckily, if you allow your employees to work at home, they are going to feel far more able to get up and move around during their down moments, while they’re on calls, or even just for a quick refreshing moment during the day. That’s very different than what is most common in office buildings, when people tend to feel a certain amount of pressure to stay locked in at their desks for as long as they are in the office.
Save tons of money
This is really the biggest benefit of running a virtual office. You are going to save tons of money each and every year. Whether it’s not having to buy a new fleet of computers every couple years, or not having to pay rent for an entire office space, you are going to see your expenses dwindle considerably.
This means you are going to have a lot more much to put back into your company to encourage growth, giving yourself a nice holiday bonus, or increasing the competitiveness of your rates for your current and future employees. Without a doubt, it’s well worth waving goodbye to your office.