Building a remote business requires much more than a tech experience.
Many other relevant considerations must come into play to make the business succeed.

Cedric Savarese, in his opinion has discussed a number of ideas that could help you grow your remote business into success. These ideas ranges from the least trivial to the most significant of all. they include the following.

Build a culture of trust and accountability: Measure productivity not from the hours spent sitting in a chair in sight of your corner office, but from results achieved. Let go of your desire to micromanage employees' time. They’ll appreciate the flexibility and trust, and with the right culture and team dynamic, they’ll be the best team you’ve ever worked with.

Related: Accountability in the public sector

When hiring, look for characteristics that make a successful remote worker: One of the most important skills we look for is being a good, proactive communicator. We test this during our hiring process by giving an assignment to our preferred candidates. We’re just as interested in how the candidate collaborates with us throughout the project as the quality of the work itself. Poor communication skills will likely result in the remote employee feeling more isolated and directionless.

Invest in technology to support remote workers: Technology tools are crucial to ensure success of remote teams. Chat software, like Slack, replace the informal interactions that occur in a physical office -- co-workers dropping by each other’s work space or peeking over the cubicle wall to ask a quick question.The right chat solution should overtake most email, phone and in-person exchanges. It allows real-time interactions or works as an inbox when needed.

Visit Accounting department for related topics