This third quarter of 2022 brings many ideas and options for setting up your business. Whether you’re starting from scratch or already have a developed business that you’re thinking about changing or upgrading, you have many options.
There are many pros and cons when considering how to run your business differently. The two main options are setting up a classic office while the other one is letting workers do their jobs remotely, most commonly from home. A third option is also available, called hybrid working, which combines office days and remote work.
In this article, we’re sharing the pros and cons of setting up a business using an office or letting everyone work remotely at least a few days per week. Follow up to see what both ideas look like and the potential pros and cons.
The first option, which is more or less traditional, is working in an office. Companies set up offices where employees come and do their jobs. This option has many pros and cons, so let’s see what they are.
Office incentivize productivity
Working in an office means everyone’s there working on a particular project. When you’re at home, you don’t see anyone else, and you’re only doing your job. When you’re in the office, you can see everyone else’s efforts.
Seeing this raises the productivity of the team. It’s really hard to do this when everyone’s in front of their computer, and you don’t see them physically. It’s tough for the managers to incentivize productivity this way, but when everyone’s there, a quick short speech about the importance of the product, pointing out what has been done so far, and a little motivation can make a tremendous change.
Raises team spirit
Working in the office means constantly seeing your colleagues. Some of them are amazing, others – not so much. However, we all need to work together for the good of the company. A project that requires a team effort is best done when everyone works closely.
Working in the office raises team spirit. It’s easy to quickly get from being lazy or unwilling to do the job to ecstatic from work done as a team. These efforts not only contribute to the good of the company but also make connections between colleagues, which is always good in the long run.
Office provides the ultimate best working equipment
No employee can set up the perfect office at home and have all the latest equipment needed to get the job done, whether it is a professional computer, flawless internet connection, or accessories needed to get work done.
Office managers will hire the best IT solutions for the business and have a perfectly connected and maintained office. When your home computer malfunctions, you’ll need to be a skilled IT professional or call someone from the outside to fix it, which may take a lot of time.
Helps with emergencies and short notice deadlines
There’s no way to get things done when there’s a short-notice project from home. The deadline may pass until the manager gathers everyone and asks them to get things done. The client may find someone else to do the task.
The manager will come out with new information when you’re in the office and ask for immediate action. Employees may have been working on something else, but a new priority is taken and finished promptly.
Remote working pros
Although traditional office work has many pros, working remotely has some benefits too. For some, they are more valuable, and for others, not so much. Check out the main remote working pros.
Remote means a perfect life-work balance
Workers doing their jobs remotely have multiple times better work-life balance. What does this mean? It means that commuting to work, spending money at work, and wasting time to get there and back no longer exists. All this time is spent on in-home activities.
This makes people happier and more productive. When you have happy employees, there’s nothing the company won’t do. This is the main reason why many CEOs decide to let people work from home or at least introduce hybrid working.
Saves a lot of money for the company
Another highly important thing for everyone thinking about letting people work remotely for the rest of 2022 or the beginning of 2023 is expenses. Holding an office often means hundreds of thousands of dollars of expenses. Sometimes even millions depending on the size of the company.
If you let everyone work from home, you don’t have to pay rent for the office, you won’t have electricity and water bills, and you can save a lot of money that will go into other company funds. This is one of the main reasons why companies decide to go fully remote.