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The Financial Times Guide to Business Start Up 2014, 27th Edition by Sara Williams

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17

Choosing your workplace

One of the jokes that can be made about people starting small businesses is that the first thing they want to do is to search for premises. It is an understandable desire, as premises are tangible proof of the creation of an enterprise. However, today it is possible to run a business, even with several people, without ever having separate business premises.

The concept of ‘the virtual business’ is no longer a joke. Given the communications now available – e-mail, broadband, fax, telephone and mobile phone – it would now be possible for several people to group together, operating from their respective homes, and to create a business, communicating regularly and at length. You could also use freelancers and subcontractors, ...

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