Remote work may have spiked in popularity during the pandemic. But, as we approach 2025, it is not just some safety-focused trend. Working outside of the traditional office has become a cornerstone of modern business operations. This is especially true for small businesses. With advancements in technology and the changing expectations of workers, remote work offers significant advantages.
Are you a business owner looking to maximize efficiency, reduce costs and attract top talent? If so, you’ll want to work remotely and offer it as an option to employees!
Remote work reduces overhead costs.
Lowering your office expenses is the first and most obvious benefit of working remotely. Naturally, when your employees are able to work from home, you have less of a need for office space, utilities and supplies. As well, investments in remote tools like video conferencing software, cloud storage and payment solutions can save you money. They often cost less than maintaining physical infrastructure.
As Omnipresent points out, remote work can streamline or eliminate your office space; get you to spend less on office utilities, furniture and cleaning expenses; and slash your employee relocation costs. “By decreasing these types of expenses, companies that adopt a remote working arrangement have been shown to save up to $10,600 per employee each year,” reports their website.
It is known to increase productivity.
Contrary to earlier concerns about remote work leading to reduced productivity, studies indicate the opposite. “A study from Owl Labs indicated that 55 percent of employees put in more hours while working remotely than they did at a physical office,” reports Baruch Silvermann on Business.com, “Owl Labs’ research revealed that 83 percent of remote employees feel they operate at the same, if not higher, productivity level than they did while working in the office.”
As well, flexible working hours empower employees to work during their most productive times. Plus, employees who work from home often report fewer distractions and greater focus. “Remote workers also enjoy flexible scheduling, which can reduce absenteeism and help companies save money,” writes Silvermann, “And because remote workers often don’t have a loud environment and the distractions of office chatter, they can concentrate better.”
You get access to a larger talent pool.
Remote work removes geographic limitations. This enables your small business to hire the best talent from across Canada or even globally. This can be especially advantageous in niche industries or areas where specialized skills are hard to find locally. By offering remote work options, you also make your business more attractive to prospective employees. This gives you a competitive edge in the hiring market.
“Staffing your company with high-quality remote talent can improve your productivity and profitability,” adds Omnipresent, “By expanding your job search outside of your office’s (area) code, you’re more likely to find candidates with your desired work experience and specialization.”
You can accept payments while on the go!
With Divvia’s Virtual Terminals, you can turn any web-enabled PC into a cost-effective payment terminal. With Converge, your computer becomes a virtual payment terminal, requiring minimal investment and effort. It supports various payment methods, including credit and debit cards, electronic checks and gift cards. For more information, please don’t hesitate to call us at 1-877-748-2884 or send us a message on our Contact Us page.
