The lure of owning your own business is quite strong. Not having a boss, keeping your own hours, and being able to work from anywhere are huge motivating factors to put up your own home business.
It’s quite simple to setup your own online home based business. Growing it is another matter. If your business does become successful, employing remote teams might be your best option.
A huge advantage of using remote teams is the easy scalability. You also don’t need to add more office space. The convenience and cost savings offered just can’t be ignored.
Initially you should be doing the project management duties for your team. Once you have a qualified person to act as your project manager, delegate all the important tasks to him. Your job is to grow your business. Your team is there to handle the support and administrative tasks.
Here are some things to keep in mind when you’re running a remote team:
- Always leave detailed and documented instructions to your team members. Each of them should know what you expect them to do. This saves you a lot of headaches and gives your contractor something to focus on. A lot of time and manpower is wasted when a contractor has to figure out by himself what you actually want them to do.
- Don’t scrimp on documentation. Google docs and Evernote provide a way for your team to store information they gathered and share it to team members. There are also project management programs like Basecamp, that helps you collect and organize information that will help you track the progress of your project.
- Interact with your team daily. Make your presence felt at least once a day, whether through chat or email. A group chat conference can accomplish this easily. This helps strengthen the team’s bond and makes sure everyone is on the same page.
- Delegate tasks that don’t help you grow the business. Sometimes these tasks can be further reduced to smaller components that can be farmed out to remote contractors at really low prices. This is especially true for very simple but repetitive tasks.
- You might have to scale down your business in the course of running it. It can’t be avoided. It might be due to seasonal drops in demand or due to the end of a very large contract. When you have to let go of your contractors, always keep in touch with the best ones. Cultivate several of these connections and you will have a stable of reliable contractors that will help you meet any urgent or unforeseen project demands.
Proper Management of your support team can spell the difference between growth and termination of your business. These tips and more, can also be found on the Empower Network blog that I maintain.