Have you considered the importance of your business culture? A culture, whether negative or positive will impact your company. It will have massive ramifications.  It will change how your team members perceive your business and even act in their role. Studies suggest a poor office culture will diminish productivity while a healthy environment will have the opposite effect. So, with the right culture, you can improve perception, increase profitability and ensure employee satisfaction. 

https://www.fieldengineer.com/blogs/work-culture-in-remote-teams