The Benefits of Remote Work for Small Business Owners

Small businesses are now looking for innovative ways to adopt telework. Some companies are still hesitant to change their work environment for different reasons. Some business owners worry about the impact remote workers will have on productivity. Others worry that employees might be less inclined to attend meetings or take care of other responsibilities from home.

These fears aside, research shows that employees are just as productive working remotely as when they work in an office. Some studies actually show that remote workers perform better than their colleagues in the office!

Remote work has the most important benefits for business owners:

Get a Lower Price on Your Physical Overhead
The biggest expenses of running a business are office space, electricity and commute costs. This overhead can be significantly reduced or eliminated with remote work.

Productivity Boost
Employees in traditional workplaces are often distracted by other people. Talking coworkers, noise in the office, and other distractions can make it difficult to concentrate.

Remote workers can set their own work hours and pick the time they want to work. This allows them to maximize their day without having to be interrupted. This can increase both their quality and quantity of work.

Keep Safe and Stay Healthy
Effective telework policies are essential as they can ensure employees’ safety at work and protect them from viruses and other harmful agents. This is especially important for employees who have young children or are immunocompromised.

Good telework policies should include guidelines for how to deal with emergency situations such as fires and power outages. It should include guidelines on how remote employees can communicate with their coworkers and the communication methods they should use.

Employers who have strong telework policies tend to be more productive than those in the office. This helps companies achieve their goals quicker. According to a Stanford University study, employees who work remotely produce 30% more than their counterparts in the office.

Employers that offer strong remote worker policies are more likely to keep their employees. They are happier in their job and less likely to search for new opportunities.

Small businesses often face the greatest challenge of attrition. Remote work has been proven to decrease the rate of attrition in both men and women.

Remote work can also be more cost-effective for employees as it saves them time and fuel costs.

Increased Diversity and Inclusion
Remote work allows small businesses to expand their talent base by hiring people who might not be able to access traditional workplaces. Remote work can open up new perspectives and foster an inclusive culture.