Managing Remote Teams. How'd you do it?

October 18, 2019
by a searcher from Thomas A. Edison State College in Cincinnati, OH, USA
I am looking at acquiring an IT services firm. The operation is relatively lean with only a few employees and several contractors. The entire employee base works remotely. Have any of the successful searchers here acquire a company with a remote workforce? What did you learn? What information is critical to find out during the due diligence phase? Thank you in advance.
from Hult International Business School in Othello, WA 99344, USA
I am currently looking at purchasing remote small companies to provide offices and regional staff where my staff are so that I an have offices again. Even if they don't come to the office every day, having employees in the same region so we can get together in person periodically I think is the direction I want to go. If your staff are all US and really high end and expensive, then just flying everyone to one location once or twice a year may work. That is my opinion. It isn't necessary really necessary to have face to face time.... but I feel like it will help build a more cohesive team. That is just where I am at and how I am looking at it.
Also perhaps the obvious what are the contracts like with the contractors? We like contractors because there isn't a long term liability.... so verify that is the case.
from Rutgers, The State University of New Jersey in Tampa, FL, USA