Challenge a virtual company will face

1. Communication

In a virtual company you won’t be able to quickly speak to a team member by simply turning to the next desk, this thing make communication between employee becomes more difficult. The communication need to rely on alternative communication methods like email, virtual meeting, and group call.

2. Task coordination

Because communication need to rely on alternative communication , less direct forms of communication do not naturally lend themselves to efficient coordination of company projects. You need to monitoring schedules and remaining in close contact with your employee to managing tasks effectively.

3. Company culture

Virtual company tend to have a poor corporate culture . Leaders need to giving their attention and energy to create an environment that is pleasant to work in. Leader also need to enables their team to learn about one another.

4. Recruiting process

Lot of employee are simply not suited to work in a remote environment. Recruiting process will be crucial to find an employee who are motivated and having a self-disciplined are needs to be a primary concern during the hiring process.

Reference:

https://www.forbes.com/sites/chuckcohn/2014/08/11/lessons-learned-the-hard-way-about-running-a-virtual-company/?sh=611aa8276456