Mar 23, 2020
In episode 241 of Financially Simple, Justin talks to Biren Patel, owner of Biren Patel Engineering, about running a business with a remote workforce.
With the outbreak of the COVID-19 virus, many businesses have shifted to a remote work-from-home setup for their employees in order to reduce the spread of the virus. Justin and Biren discuss setting up a business with a remote workforce, the pros and cons of the system, and important things to consider as a business owner when using this work model.
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01:24 - Ask Justin featuring Biren Patel: How to Run a Business with a Remote Workforce
02:56 - The How & Why of Having a Remote Workforce
04:35 - The Remote Work Experience
06:21 - Tips to Separate Work from Home Life
08:51 - Does a Work-From-Home System Help Attract and Retain Employees?
11:54 - Best Practices for Businesses and Employees
16:32 - Are Different Performance Metrics Required?
17:57 - Remote Communications
21:14 - Insurance
22:29 - The Importance of Having a Great Team
23:41 - One Piece of Advice
26:02 - Wrap Up
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Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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