Making the move to entrepreneurship is a smart and sustainable career choice with a long list of benefits.
However, not everything about a home-based business is easy-breezy. The challenges you face revolve around privacy, productivity, professional image, and growth. These are all critical aspects of launching a company that you need to address early in the game to ensure you are ready for whatever comes next.
The benefits of a virtual office for a home-based business
Running your business out of your home may seem like a smart thing to do—and it is. It saves you money on office space, you can enjoy a better work-life balance, and you can write off a portion of your mortgage or rent on your income tax return.
However, like many good things, there are issues to consider. For example:
1. Privacy. If you are using your home address as your business address, you risk compromising your privacy and that of your family.
The solution: A virtual office provides you with a professional business address so that salespeople and others who are looking for you will arrive there and not at your front door.
2. Professional image. If potential customers look up your address and find a residence, they may not see you as being well-established and professional. Plus, if you needed to have a meeting with an important client, doing so at your home may not be ideal; nor would it be if you arranged to meet them at a coffee shop.
The solution: A virtual office package not only gives you a professional business address, but you will also have access to meeting rooms when you need them.
3. Business growth. If your business grows and you need to bring on more employees, do you have the office space in your home to accommodate them?
The solution: A virtual office will give you some options in terms of administrative help, allowing you to hire support on an as-needed basis. You will also have access to a range of flexible office options in case your home office just isn’t cutting it anymore.
4. The latest technology. Keeping up with the advances in technology today isn’t easy—or cheap—but you need to stay on the cutting edge if you want to deliver what your customers demand.
The solution: A virtual office gives you access to state-of-the-art office equipment without having to invest a fortune. You can use it when you need it and not have to worry about keeping it current.
These are just a few of the reasons why every home-based business should have a virtual office. Lakeside Executive Suites offers a range of customizable virtual office packages that will answer all your business needs and support sustainable growth. Drop by today for a tour or reach out to us directly to learn more.