There are a number of reasons why you may want to have a physical address for your business, such as:Trust and credibility. Some clients may steer away from businesses that provide no contact address, or only a P.O. Box numberâfor example, people may worry that businesses without physical addresses might disappear without a trace. Depending on your type of business, being able to present potential clients with a physical address at which they can contact you may help your business build both trust and credibility.
Professional image. According to data released by the U.S. Census Bureau in 2011, more than half of businesses responding to the 2007 Survey of Business Owners were home-based businesses; home businesses are obviously alive and doing well in the U.S. today. Despite these statistics, however, it can be difficult for a home-based business to shake the image some clients may have of the home-based business owner sitting in bed working in his or her pajamas. A physical address provides your business with a more polished, professional image.
Meeting place for clients. While it's certainly feasible to meet clients at their places of business, or conduct meetings at your local coffee shop, if your business requires a lot of client meetings you may eventually want to have your own place for holding client meetings. Having a place where you can meet clients also helps your business to build trust and credibility, as well as enhance your business's professional image.