Companies and businesses are looking into remote work to save up money. Remote work can be done anywhere and there won’t be any costs to get it set up, such as real estate, security deposits and the like.

Teams working on this model can also find more flexibility with their work since they can work anywhere.

However, not all businesses or companies can enjoy a remote work model. If you are considering remote work for business, here are some questions you need to ask before you consider it:

Can the remote work for my business model?

Remote work works well for technology-related industries since the tasks for these industries require computer work.

Read here: Top 5 of the Fastest-Growing Industries in the World

If your work focuses on a certain area and work with products, your business may not be able to apply remote work completely.

Will my business go to a full remote setup or you need to setup an office?

Moving into a remote work setup must be done slowly in order for everyone to adjust to the model easily. However, it will present several challenges.

There will be changes to how tasks must be completed, how meetings are scheduled and so on. You will need to see if everyone can adapt to the system   and if your model can adapt as well.

Which members should be in the offices or not?

Before you consider remote work for your business, you need to see which ones can adapt well to the setup. See what areas can be moved to a remote work model and which people to work on these tasks.

When you have an idea on how the roles can be divided, you can see if remote work will work well for you.

Should  I get freelancers or remote employees?

Freelancers and remote employees vary when it comes to the salary you will need to pay them and the taxes involved in hiring them.

Freelancers will save companies thousands for their Social Security, state taxes and other fees. They will also set their own schedule and get their own materials to do the work. When the task is done, they can leave the company.

Meanwhile, remote employees are like normal employees. You can pay them hourly or by a fixed salary. You will also need to pay their employment taxes and employee benefits. Unlike freelancers, you have full control over their tasks and you can manage them easily.

Who can lead my teams?

The final question you can ask is who can manage your team if you will go for a remote model.

Remote bosses need to know their way around technology and build their relationship with their employees through technology.

If someone is tasked to lead a team through remote means, they will need to be capable of reaching out and determine if the employee needs help. If there’s no one available, you can hire someone or stay in your current model.

Read here: 3 Things All Great Leaders Have In Common

Conclusion

Transforming your business to accept the remote model is a big step that you need to think carefully. If your business model is not a good match with remote work, it may be costly to get the business back to normal.

There are also factors like the tasks that can be done through remote means, who can do these tasks and how to monitor them.

If you think you got what it takes to run a remote work model, go for it.

Starting a business? Trying to figure out how to budget your cost? Here are some helpful tips for you:
How To Start Your Business Without Funding
7 Ways You Can Effectively Manage Your Freelancers For Your Business
Bankruptcy For Debt: Is It Really An Option For You?

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24 replies on “Is Remote Work Right for Your Company?

  1. Great and very informative post! You have very rightly said in the beginning of your post that Remote work works best with technologies-related industries and I fully agree with your views.
    As regards other remote work, as mentioned by you too, we need to carefully study them and decide on case to case basis,taking into account the practical aspect of the business model.
    Thank you so much friend for sharing such valuable posts.People can derive a lot of benefits from such informative posts.

    Liked by 2 people

    1. Thank you, my friend for sharing your input. Indeed with advanced technology, many companies should look into having remote employees – it is a win win situation.

      Like

  2. Sometimes I’ll allowed to work remotely, I much prefer it to going to the office. I work remotely when my son is sick or I’m feeling sick but can function. I think it’s a good option, especially for introverts. Phone calls and emails are a buffer to face to face interaction. I give a lot of energy, so having a buffer is helpful.

    Liked by 1 person

        1. That’s true. But to spend more than 2 hours back and from work is too much. That was my previous commute when I was working in Singapore. Lol.

          Side topic: how are you doing in Korea during this covid period? Take care, Judy.

          Like

  3. This is an intriguing article, Since I am also a remote employee, I handle business from my living place and the business happens 800 kms far from my place. It is a different experience, I have never been into such work, Phone call followed by emails are the one that might shake me, which I always schedule things and expectations, so nothing goes out of plan, almost all the time. Thanks for sharing this! 💐 Have an amazing week 💐

    Liked by 1 person

  4. Thoroughly researched and intriguingly presented, as usual, Kally!

    My situation is rather fortunate, in that the office is only a fifteen-minute drive (if even that) from my home.

    Therefore, working from home does present disadvantages, in that it would deny the collegiality and the shared experiences of office life. Plus, in some ways, it’s more difficult to consult someone who’s much more distant than just the next cubicle.

    The positive aspects? Well, snow, for one. Even with a quarter-hour commute, working from home makes it unnecessary to brave icy roads. Even during the summer, all those commutes do add up, and working from home would give me an extra two-and-a-half hours a week.

    Ultimately, then, for me, working from home would be, “Meh.” It took me all the paragraphs above to come to that conclusion? Of course. Welcome to the TA experience!

    Liked by 1 person

    1. Haha! Great sharing of thoughts. And yes, I actually do miss the office camaraderie and working in a team. Remote work can get very lonely without someone sharing your woes and success.

      Liked by 1 person

  5. Very interesting! I know people whose employers utilize either full or partial remote work. However, it definitely doesn’t fit all businesses and all jobs. Anything that requires physically manipulating objects must be done live, for instance. Even some tech jobs still involve that!

    Liked by 1 person

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