Most of the time, operating your business with a home office augmented with the use of a virtual office when you travel is all that you need. Will there be times when you need to rent a traditional office space in Toronto for a short period of time? The answer is yes. Here are some situations that might call for renting space for a couple of days, a week, or possibly a little longer.
Meeting With a Very Important Client
Up to this point, your interaction with the client has either been online, by phone or involved visiting the client at their place of business. This time around, the client wants to come to you. As comfortable as you find your home office, it’s not the best place to meet with clients.
In this scenario, you could look into co-working environments that would allow you to rent an office and possibly a conference room for however long the client is in town. This type of rental often includes basics like Internet access, a receptionist who routes calls for you, and any equipment you need for presentations in the conference room. You’ll be happy and your client will be comfortable.
Training New Employees
Your business has grown beyond the ability to manage it by yourself. That’s why you’re hiring a few employees who will also work from home. For now, you want to gather them in one place and take care of the employee orientation and basic training. Renting an office and conference room for a few days will provide the ideal setting. Once everyone has the chance to meet face to face and undergo the training, settling into working together in a virtual environment will be a breeze.
Evaluating the Possibility of Establishing an Office in a New City
Your expansion plans could include setting up another location in another part of the country. If that’s the case, it makes sense to scout out locations and also determine if there’s enough business volume to support even as small traditional office. In this type of situation, you can rent space in a co-working environment and see how things go. If having a physical presence in the city helps to generate more business and enhanced the company’s reputation, then you know the investment is worth it. If the short-term office doesn’t produce any real results, you’ve kept the expenses relatively low.
Enjoying a Change of Pace
You’re not ready to give up working from your home office or making use of a Toronto virtual office when you decide to enjoy a few days away. Even so, you may feel as if you’re getting a little stale and too settled in your routine. One way to shake things up is to rent a traditional office for a few days.
Being in that traditional setting gives you a chance to recharge, talk with other people, and maybe come up with some fresh perspectives on how to operate your business. It also provides the chance for you to experience a renewed appreciation for being able to work from home.
There are more reasons why renting office space for a short time may be helpful. Take a look at your present circumstances and see if this strategy offers any benefits for you. If so, find the right partner and reserve that space. You’ll be glad that you did.