No rent, no utilities. This is big, obvious reason that everyone should already know: if your team works from home, you don’t have to rent office space or pay for anything like heat, internet connections, electricity, phone lines, or anything else like that. There’s a big expense that just vanished from your budget. Poof!
Home workers allow you to spread your team out. This can be a big advantage, especially in Southeast Asia where you may be working on a product that’s targeted at more than one country. If your team works from an office, everybody either has to be in one place or you need to pay for more offices in different locations. But if your team works from home, you can hire people all over the globe, which gives you access to more talent and more markets without destroying your budget.
Working from home keeps employees happier. Many startups your team members are going to be putting in long hours each day to stay on top of everything. If they’re spending 12 hours a day in an office, that can pretty quickly become soul-crushing, which means you either need to spend more money to buy them food and free massages (or whatever) or allow your workers to become soulless drones (that’s never a good thing). But working long hours from home is easier, as you can still see your loved ones easily every time you take a break or stop for a meal. Studies have shown that work from home employees really are happier and we all know that happy workers are more productive than unhappy ones.