At present, we are representatives of the remote studio format ourselves (upd. in 2021 we reopened a cozy office in the center of Moscow). Honestly, moving away from the office was a grudging process, and I kept it out of inertia for almost a year and a half, using it as a warehouse.)
I can highlight several interesting metamorphoses that have occurred with us, but the main achievement was that some of our active clients still have not noticed the transition.
Advantages:
The amount of work has doubled since mid-2020.
The remote format indicates that the studio has excellently established forms of internal communication (both artistic and technical, as well as administrative).
You must have a powerful server with wide VPN tunnels for convenient employee access to company files.
There are no overhead costs for maintaining an office.
We have maintained average market costs. Our colleagues, who work in the same format, can afford a similar policy due to the absence of office maintenance costs.