1. Frequently Asked Questions
  2. Knowledge From TFW Advisors

How can I create a successful remote or hybrid business?

First, frequency of contact is important. Tom has found that shorter conversations that occur more often are a necessity when communicating with remote employees. The more you communicate and the more mindful and strategic you become, the greater the success your remote or hybrid business will enjoy.

Second, establishing a team-oriented culture is essential in a remote workplace. It is important for team members to spend time talking with each other to facilitate connections that would normally happen in the office. This can be done by structuring meetings through Zoom, by encouraging making phone calls to other team members, and by giving everyone an opportunity to participate.

Third, recognize the importance of team building activities. Team building activities are paramount for staying connected and motivated. In one of Tom’s organizations, there is a monthly virtual company-wide meeting that helps everyone in the organization stay connected and share information. It is imperative to be intentional about connections and to create reasons for team interaction.

By doing these things you will be able to establish a successful remote or hybrid business. Allowing employees to work in a hybrid situation or to work remotely will help you retain your current workforce, make your business more attractive to many of your potential hires, and give you the opportunity to recruit worldwide.

Want to learn more about how you can make way more money and pay way less in tax? Book a call with the team at TFW Advisors® today!