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Executive Office vs. Home Office

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TCC Canada

Why Executive Office Suites Trump Working from Home as Your Business Grows

Building a successful business takes time, and most business owners will inevitably begin at a startup level. For many, being a startup means limiting overhead costs as little as possible. This is often done by employing little to no staff and working from home. These restrictions may work for a new company, but as your business grows so will your needs. While it can be difficult to take on additional costs, sometimes the saying, “You need to spend money to make money,” is proven true. Limiting resources might save you a little cash, but it will also inhibit growth. Though your den made a fine office at the beginning, here are a few reasons to consider switching to an executive office as time goes on:

Interruptions

Even if you don’t have kids, your home will still provide more potential distractions than any executive office suites. From your television and pets to the sight of your backyard on a sunny day, the best way to resist temptation is to get away from it.

Environment

Being alone is another downside of working from home—even if it might not seem that way. While working remotely was all the rage for a while, with companies like Best Buy, Google, and Yahoo all employing telecommuting arrangements, the trend seems to be slowing down. According to Yahoo’s CEO Marissa Mayer, “People are more productive when they’re alone, but they’re more collaborative and innovative when they’re together.”

Schedule

It’s a lot easier to leave your work at the door when you have an actual door to leave each day. At home, work time easily bleeds into family time which, after a while, can put a strain on your overall wellbeing. Though some people are disciplined enough to do this well, renting an executive office might be the better option for others.

Facilities

Most executive office suites provide reception services and access to corporate meeting rooms. If your business is one that requires frequent contact with clients, having an office space will be more convenient and give you an image of professionalism. By renting an executive office, you also leave yourself the room to expand as your staff does.

Managing

Managing staff virtually can be difficult. Should you begin working as part of a team, you might find that working at in a professional setting can provide face-to-face time that is essential to productivity.

If working from home is no longer an ideal situation, then it’s time to move on to bigger and better things. There are a number of executive office suites that offer office space, meeting rooms, and other facilities on a long-term, short-term, or per-use basis. Whether your business is big or small, giving it the resources it needs is one of the best ways to ensure growth.

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