Cash The Checks Personal Finance Blog

Does Having an Office Space Increase Productivity?

rent-office-space

When you started your small freelancing business it was a necessity to work from home. It was cost-effective. After all, you’re already living there and paying rent/mortgage. So you simply designate a space for work and you’re all set. Simple, right?

But what if your freelance business is beginning to take off? What if you’re no longer some small fry trying to make it big? What if renting an office is within your budget? Should you spring a few hundred dollars per month to lease office space?

While the decision is a personal one that is entirely up to you. I’m going to tell you 5 reasons why having an office space can benefit you.

Increased Productivity

The number one reason to get office space is to improve your productivity. This alone can justify the added expense. Maybe you have small children who need your attention throughout the day. Maybe you have a difficult time working in a messy house. Or perhaps you just can’t work efficiently with the television on. Then there’s the refrigerator that is always just one room away.

Regardless of the reason, getting out of the house can help you avoid those distractions so you can get more work done.

Professional Appearance

First impressions mean a lot. If your job requires you to meet clients in person having an office space gives you the businesslike impression you need to make. If you meet a client at a coffee shop, at their home or business, or at your home, it doesn’t give the appearance of a professional person.

Whether you’re a lawyer or a graphic designer, having an office gives you added credibility and may lead to you attracting more clients.

Business Address

When you run a small business your address will be splashed everywhere. It could be on business cards, on your public website registration page and on your website’s contact us page. An old client who’s none too pleased may want to look you up and come to your address unannounced. That’s the last thing you want to happen at your personal address.

Technology

Some office spaces are fully equipped to handle your growing freelance business. Some have large shared conference rooms with video teleconferencing capabilities. You may also benefit from a super fast internet connection that you can’t get at home.

The Right Mindset

Ever heard of that old adage: you have to spend money to make money? By dishing out a few hundred dollars per month, you’ll force yourself to work hard. You’ll realize you’re spending a few hundred dollars per month so you will definitely want to take advantage of the office space.

Being in an office with a desk, a computer, a filing cabinet and no distractions can really do a lot to put you in the right frame of mind.

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