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Should you rent office space or work from home?

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Should you rent office space or work from home?

  • May 10, 2016

Office Space vs. Working From Home

A lot of start-ups and small business owners make the decision to work from home as they have a small number of employees, all of which work remotely. But, there will come a time when these business owners start to ponder the prospect of searching Derby for a place to rent office space. Is it the right thing to do? In this post, we are going to take a look at some of the benefits associated with offices to rent in Derby.

The main reason why most business owners elect to run their company from home is simple; it is cheaper. But, is it really? The general service fee expected when you rent office space can include the likes of parking, maintenance, utility bills and such like. These are all things you will have to fund if you work from home in any case. Of course, the rental fee is where the added cost comes into play. However, when you consider the improvement that renting office space that’s Derby-based can have on your business, then you may feel that you can quickly earn the money back in terms of enhanced productivity and improved brand image.

Boosting productivity

Firstly, one of the main benefits of working in an office is that you will boost efficiency levels. When working from home, people get distracted. You may find that household tasks distract you while your workers may have children and thus they can’t work as efficiently as they would like. When in an office, your work will get your full attention, and, therefore, productivity levels will soar. When you get home, you can invest all of your time into your home life. This ensures a better work-life balance, which is something a lot of home workers really struggle with.

Boosting your image

Aside from this, you need to consider the positive impact office space in Derby will have on your brand image. If you are based at a prestigious location, such as RTC Business Park, it can really boost your identity. How are you going to host client meetings from your home? Are you going to direct all business letters to your home address? An office space ensures you maintain an air of legitimacy and professionalism.

Improve your team morale

Last but not least, you will work in a team. You may feel you do this already; after all, you have a team of remote workers at your disposal. Nevertheless, this can put a lot of barriers in the way. Wouldn’t you prefer to have face-to-face meetings? You don’t need to enforce all workers to be present from 9-5 every day; determine what is right for your business.