Presto Vivace has always been a home based business. I like the commute. It is getting more common, and the current down turn will grow in its appeal. I am told that more than half of IBM’s employee’s work form their homes.
One of my clients, ERS, decided to become a virtual corporation when their rent was raised and they realized that a corporate office didn’t add any significant value to the company. The internet has made offices obsolete for many businesses.
Cutting your rent frees up money to retain your employees maintain all other aspects of your business. It is a good way to survive in a down economy.