Traditionally, business growth was synonymous with a set of challenges related to:

  • The physical size of the premises
  • The location of the office
  • The availability of talent and customers in the local market

Bringing the company to the next level came at a high cost. More often than not, small businesses would choose to remain the same size to prevent costs. However, failing to secure growth could also lead to a loss of competitiveness face to newcomers to the market. In other words, if a business didn’t invest in growth, it would often be forced to shut down within a few years. 

Thankfully, the pandemic has made remote and digital workplaces more popular, hence removing the main obstacles for growth. Yet, if you are still unsure whether to grow your business digitally, here are some of the reasons why virtual growth can bring your venture to the next level. 

You can boost productivity across the whole team

Virtual remote teams are the first to notice significant changes in productivity. Indeed, in a flexible work environment, they can create their dream workspace at home or in a co-shared workstation, and this means they can create an individual area that suits their needs and personality. As the office decor can affect motivation, productivity, and mental focus, remote offices give employees the chance to create their own space while the business only focuses on providing a reliable virtual workplace, using technology such as tailored IT Network Solutions from Equipment HQ to meet their needs. It is also worth mentioning that the typical productivity-damaging distractions caused by impromptu meetings or office conversations are not an issue in a virtual office. 

Flexibility attracts new talent to your team

According to new studies, flexible working arrangements are instrumental in attracting talent. Employers are the first to notice that offering remote positions means they can hire talent from anywhere in the country or in the world. Unfortunately, Ricoh Europe research shows that 65% of employers struggle to trust remote employees. The lack of trust contributes to a loss of motivation for employees and a high turnover rate. Additionally, employers also face challenges with workforce diversity. Not everyone wants to work remotely. There is no such thing as a single working policy that can unify the team. As a result, it becomes essential to create working policies that give staff the choice of working locations. Physically remote teams could benefit from co-sharing workplace facilities where employees can meet and bond if they don’t want to work at home. 

In conclusion, remote working arrangements can create a unique sense of flexibility for teams and employers. 

Employers can invest in the structure and infrastructure growth, focusing on tailored and adjustable solutions, such as IT support or co-sharing working spaces. With a scalable investment strategy, businesses using digital growth do not face the same financial challenges as companies that need to fit a new team physically. 

Additionally, flexibility appeals to employees, who can design the setting they need to be productive, whether they prefer to decorate their home office or plan catch-up meetings with other local employees at a co-shared workspace. 

Save costs and hassles while supporting growth; it’s the perfect solution for all!