Thanks to advances in modern technology, it’s now easier than ever to work from home. While this is being touted as a great development by many small business owners, it does beg the question: is working from home good or bad for your business? Now, don’t get us wrong – there are many perks to working from home, including the fact that you no longer have to waste time on the commute to and from work, there are fewer trips taken in your car (and less traffic jams) if you travel in your auto, and there’s no potential for micromanagement in the workplace! Despite all that though, working from home comes with its own sets of challenges.
Ask anyone who has ever worked from home and they can tell you that it takes a great deal of determination, and a lot of focus, to ensure that you are meeting the necessary targets every day. If you’re someone who struggles with focus, working from home may be more of a negative than a positive for you! We think that working from home does deserve a closer look, so we’re going to examine working from home and come to a conclusion about whether it’s good or bad for business.
You lose on the social life
When you work from home you instantly lose out on the social life that is thrust upon you in an office. Even if you’re not the best of friends with your colleagues, at least you have the opportunity to talk to them if you want to. When you’re home there’s no water-cooler talk, it’s just you. So, for many people that can be a huge bonus, and for other people this is a huge detraction from working at home. You need to work out what type of communicator you are, and what kind of working environment you prefer. Some people thrive in a very active workplace, and other people need complete silence. Take a good look at what you actually like, and act accordingly.
Your business can look a little less attractive to potential clients
A problem that can arise from having a home office is that it’s not super attractive to invite a client along to a meeting in your living room as it is to meet them in a corporate suite. If you are intending to hold client meetings in your home you need to ensure that your home is as professional as possible. For many of us, that’s just not possible. A solution to this kind of problem is investing in a virtual office space. This way you can appear presentable and corporate when you want to, without the expense of having to rent a full-time promises. Take a look at these Melbourne virtual office deals by Servcorp.
You can choose your own hours
A key bonus to working from home is the ability to choose your own hours. This is hugely beneficial to people who have commitments – like small children say – where you need to be flexible in your arrangements. If you are someone who needs to keep set hours, this can be a little difficult if you have things popping up, but with the right kind of schedule in place you can make it work. Once again it comes down to discipline!
You have freedom in the workplace
Another really important part of working from home is that you have the freedom to decorate and keep the office as you like. If you’re self-employed, this can be hugely beneficial for morale, as you can play whatever kind of music you like, but if you work for a company but just happen to be working from home then you need to keep things a little bit professional – at least when you’re on Skype meetings!
So, good or bad for business? We think good. Overall working from home is a great way to hone your discipline and to get better at time management. Of course if you find that productivity is way down for yourself and you’re just not getting the work done then you need to take a good look at your work style and adjust accordingly.