Working Virtually Can Be An Advantage
More and more people are opting to work away from the office. And since the Coronavirus has caused the need for businesses to be able to still run while everyone is working from home it’s more important than ever. Thanks to new technology and changing corporate culture, working from anywhere is easier from ever. Let’s look at some of the reasons why you would want to be location independent with your work.
You can see the world
While you may be quarantined for now, in the future if you want to travel you will be able to still have effective business communication even if you’re out of the country. When you can work from anywhere, you can explore the world to enjoy better experiences. For instance, you can work from an exotic island, make money while camping in Maine, and acquire new income from an exotic city in Asia. This type of location independence may lower your stress level and free you from living inside of a cubicle a third of your life.
You can network better
When you are location independent, you can network better which can increase your income. For instance, let’s say you live in a small city in the middle of the United States. You can make a month-long trip to New York, Los Angeles or Silicon Valley and talk to new people and gain new connections. These new connections can lead to big business opportunities.
You can optimize your spending
The great thing about being location independent is that you can work in cheaper places and really save your money. For instance, you can find a fun little place in Costa Rica, Mexico and South America to base your operations for a few months. At these locations, you can cut your living expenses by up to 75%! This can really save you money while affording you exciting new experiences.
You can spend more time with your family
Hopefully, you are getting the chance to currently spend some time with your family during this quarantine. But when this is over, if you miss your family because you are always in the office, being location independent can allow you to work from home. By working from home, you don’t have to spend time commuting to and from work. Also, you can enjoy working in a relaxing and familiar environment.
How to run your business from anywhere
Now that you understand the benefits of being location independent, we will show you the top five tips you need to know on how to run your business from anywhere. These proven tips will allow you to seamlessly move your business to any part of the world.
1. Have the right computer and wi-fi connection
Your entire business is going to run off of two things: your devices and your wi-fi connection. Therefore, you will want to make sure that you have a high-quality smartphone and computer. Before you go off to an exotic location, make sure that your equipment is in top working shape. It may be hard to have your device serviced if you are at an exotic location. Second, make sure there is a strong wi-fi connection at the location before you go. Investing in a wi-fi hotspot can help you have a great connection almost anywhere. It will be hard to run your business if you have a slow connection or if the wi-fi is unreliable.
2. Make sure you properly schedule your working time
When you move across time zones, you will want to make sure you can still stay in contact with your clients, vendors, and employees. For instance, if you move from the United States to Asia, you may have to change your working schedule so you can stay connected with your clients in North America.
3. Ensure your credit card and business accounts don’t get suspended
Chances are, you need to keep your ad accounts, credit cards and vendor accounts active while traveling. Many of these accounts will flag activity that jumps from country to country. Make sure you contact all of your vital accounts of your travels before your accounts get suspended. Once your accounts are suspended, it could take days or weeks to get your credit card or ad account back online.
4. Watch your cash flow
While you are traveling, you will want to watch your cash flow. Sometimes, your travels may take your eye off the financial ball. You don’t want to be stuck half-way around the world with cash flow problems. Make sure you have enough money and cash flow to stay in business during your travels.
Summing things up
Thanks to today’s technology and many small business services, it is easier than ever to work anywhere in the world. Remember to be well organized before your travels and your location independent business will thrive.
Guest post by Samantha Higgins. Samantha is a professional writer with a passion for research, observation, and innovation. She is nurturing a growing family of twin boys in Portland, Oregon with her husband. She loves kayaking and reading creative non-fiction.