Jo Disney contributed to this article.
So you’ve decided to start your own business? That’s fantastic! Being the captain of your ship is a terrific experience.
You probably have a home office, or at the very least a spot on the dining room table, if you’re like most startups and freelancers. It works well for those days when you aren’t meeting clients or schmoozing at networking events. As a consequence, it is unrestricted. It comes in helpful. All you need to get the task done is a desk and access to the internet. Proper?
I’m sorry, but that’s not the case.
As you can see, the job environment has changed dramatically in recent years. You won’t make it your business to keep track of workplace trends or understand how commercial real estate is changing. Nonetheless, I do! So I’m here to give you a few reasons why it’s time to upgrade your home office and choose a location that suits your business without breaking the bank.
Let’s look at why a home office isn’t always the best area to grow your business. We’ll look at three different types of workplaces and how much they cost.
Why Is Your Home Office Not Working?
Recalled your thoughts to a period when you were devoted to your 9-to-5, seeking that middle management promotion and working frantically to feed the CEO’s wallets. Two-hour lunches, cappuccino conferences, and sun-drenched walks with the dog are all accomplished in time to pick up the kids from school. Wasn’t it quite fantastic to imagine working from home?
Let’s be dependable right now. Isn’t the truth not quite as lovely as you had always imagined? It may be a consequence of:
When the boss isn’t looking, you’re less productive.
Do you get the most out of your working day if you’re left to your own devices? Distractions such as laundry, the postman, daydreaming, and even a hungry cat may detract from productivity.
The walls are closing in on us.
The domestic workplace is disturbingly silent and solitary. Who’d have guessed that the background hum of office chatter and watercooler breaks is rather soothing and exceptionally favourable to better productivity?
It’s taking up your free time.
Take it from me: once you work from home, the line between work and home life becomes more blurred. If left unchecked, it can pull you away from important things, such as family and friends. Everyone, even small business owners, needs some downtime, so include it in your plans.
Three Options for a Flexible Workspace
So, we’ve covered why your company need a physical location. Now it’s time to consider how much an office rental may cost. Long-term business leases are often overlooked. Instead, we’re talking about flexible workspaces that allow you to expand on your schedule without the potentially crippling impact of large deposits, lengthy leases, or advanced get-out provisions.
Take a peek at these three different types of adaptable workstation options:
1. Collaborative working
What exactly is it? A shared workplace with freelancers or employees from several businesses. It’s inclusive, inspiring, and offers many networking and assistance opportunities. Some operate on a month-to-month basis, while others operate on a pay-as-you-go basis.
How much does it cost? A monthly membership at a shared workplace in Downtown Los Angeles costs about $100. (BLANK SPACES). You may pay a daily drop-in charge of $35 or a monthly cost of $450 in Midtown Manhattan (Ensemble). In Dallas, the Widespread Desk costs $25 per day or $200 per month (March 2014).
2. Workplace with Services
What exactly is it? Personal offices range in size from single suites to multi-story buildings. Lease, on-site support staff, furniture, maintenance, heating, cleaning, safety, and other items are sometimes included in all-inclusive contracts. Contracts are typically short-term (starting at one month) and are renewed on a rolling month-to-month basis.
How much does it cost? Serviced offices may cost anything from $300 to $400 per person per month for basic out-of-town locations to $1,000 or more per month for higher-end suites or great city-centre locations.
3. Workplaces in the Digital Age
What exactly is it? A postal address at a physical office where your incoming mail is processed and routed to you. They usually include a phone number that is answered by a receptionist, as well as cheap meeting rooms and day offices. You should utilise the address and phone number in your letter to protect your home address and phone number while improving your company’s image. When you advertise your mobile phone number on your website or your business card, and you get a lot of sales calls, your receptionist will answer calls under your company name and filter out the spam.
How much does it cost? A basic digital workplace with call answering in New York Metropolis is listed on the Alliance Digital Places of work website for $49 per month. Digital workspace options in San Francisco and Washington, DC start at $95 per month (costs as of March 2014).
Not quite the budget-busting outlay you had anticipated?
On days when you’re trying to go through a mound of paperwork, home offices are ideal. However, for daring small business owners, various workplace options on the market may help you accelerate your growth.
If you’re still not pleased, try putting yourself in your customers’ shoes. Would you trust a potential customer or service provider who was located entirely at home as the captain of a prized business where you’ve spent your heart and soul? Most likely not.
After everything is said and done, it may be time to give up the dining room table. It will benefit your small company (and your loved ones)!