If you are an online-only entrepreneur, one thing not to overlook is your business’s physical address. Having a physical address is extremely important to the success of your business. If you are not convinced, here are a few reasons why you should seriously consider it for your business.
- Having a separate physical address for your organization can help make your company look more legitimate and encourage people to work with you, as well as attract potential customers and clients.
- When you are setting up a business entity structure like an LLC, corporation or similar, you will need a physical street address for your mail to be received. This address will need to be in the same state that your company was formed in.
- Are you a digital nomad or frequent traveler? If so, maintaining a physical address can be challenging. Even if you have an address, getting access to your mail as a digital nomad is difficult when you’re across the world, or living in a different country.
- Moving is stressful in general, but when you add moving your home and business to the mix things are bound to slip through the cracks, like switching your address. Setting up a separate physical address will help alleviate this potential issue, by ensuring your business communications don’t get lost as you move.
Our infographic will provide all the information you need to help you determine if you should get a physical address for your business. We also show real data on the importance of a physical address.