This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/06/28/how-to-transition-your-business-into-a-remote-company/
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By now, you’ve probably already heard about the rise of remote working. Digital nomads now have a slew of resources at their hand, from an influx in coworking spaces to new technology designed to accommodate the mobile workforce. And there are plenty of benefits of working remotely: studies have shown that it can improve productivity and creativity, and today’s workforce is attracted to autonomy and flexibility.
From a business standpoint, remote work can also save you plenty of money. Without office and overhead costs, you can put more cash into growing your business. For instance, IBM was able to save a whopping $100 million in one year when they launched their remote work program.
Ideally, you would launch a business as a remote company. But this isn’t always the case — particularly for businesses born before the remote work boom. Here are some tips on transitioning to a remote company:
Start Slow.
If you currently rent (or own) a commercial space, your end goal is to transition out of that space. And of course, there are plenty of reasons why ditching your brick-and-mortar location will be beneficial to you. Not only will it cut costs dramatically, but it will also reduce commute times for everyone and free you from the management constraints of running an office or property on a day-to-day basis.
But this typically cannot happen overnight. Start by talking to your staff about your mission to begin allowing remote work. Instead of starting right away, have your team spend 2-3 days out of the week working remotely, giving you ample time to get your affairs in order. If you own your brick and mortar space and don’t want to sell it just yet, consider renting it out to other businesses to bring in that extra income.
Build Remote Teams.
Every busi… Read More
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