There are plenty of benefits to employing a remote workforce. No matter what type or size of business you run, you can land top-notch talent from across the globe, save money, and make your operations more efficient, among other things.
But the success of your remote team will largely depend on recruiting the right people and employing effective management strategies. If you’re a female business owner on the verge of putting together a team of remote workers, check out these practical tips.
Evaluate Your Business Structure
One of the most fundamental steps of starting a business is choosing what type of business structure to set up. Even if you have an established business, it’s best practice to revisit your structure from time to time to ensure it is suiting the needs of your company.
If you’re planning to put together a remote team, consider forming an LLC. Doing so can result in various tax benefits, limited liability, and many other perks. Also, think about setting up a “doing business as” for your business. This will allow you to sell products or services under a different name, among other things.Continue reading