7 reasons why you should use a Virtual Office for your business

As a businessman or entrepreneur, one major tenet of business is to keep costs low whilst maximising returns.

By implementing a Virtual Office, you can optimise both your time and expenses, leaving you to focus on your core business – making money.

Here are 7 reasons why you should consider working from a Virtual Office :-

  1. A Virtual Office requires no startup capital – thus avoiding one of the biggest overheads of any business, i.e. setting up a new office.
  2. A Virtual Office brings no bills for rent, council tax, rates or utilities. Any costs incurred can be negotiated on a ‘pay as you go’ (e.g. meeting rooms, receptionist etc.) or even fixed costs, so there is no wastage for standing charges like in a normal office when it’s not in use.
  3. A Virtual Office creates location independence & convenience. The modern businessman of today can work almost anywhere – whilst travelling, between meetings or even a regular favourite spot – providing there is Internet and electricity. For the even more aspirational ‘Road Warrior’, mobile data packages, USB powerpacks and other equipment enable his Virtual Office to be always on the move.
  4. A Virtual Office is always open and works on YOUR timings. Given business today is conducted across continents and time zones, a Virtual Office removes the restriction of fixed office timings
  5. A Virtual Office conveys a professional and global image whilst minimising travel costs. Although physical address is not required for a Virtual Office, you should consider setting up a PO Box to receive incoming mail, business cards etc. Companies offer services such as receiving mail, virtual receptionist etc. so outward impressions are maintained whilst costs are controlled. For all intents and purposes, any potential client will have the perception your office is a ‘bricks and mortar’ business, thus instilling confidence in your future business relationship.
  6. A Virtual Office does not need any specialist equipment, asset control or inventory. Specific tasks such as faxing, printing, photocopying can all be done remotely or via Virtual Personal Assistants or Virtual Teams.
  7. A Virtual Office avoids recruitment issues, team setup headaches and costly manpower overheads.

So, today’s entrepreneurs are embracing the ‘Virtual Office’ as it gives them even more of a competitive advantage in today’s aggressive marketplace.

With the convenience and cost-effectiveness of the Virtual Office, the businessman can control his time, cost and efficiency and thus increase his – and his clients’s – profitability and bottom line.

One only needs to look to Silicon Valley, the home of some of the fastest moving business deals in the world, and notice the correlation between Virtual Offices and accordant increases in business deals and venture capital exchanges.

It is not beyond the realms of possibility to imagine the workplace of the future to be predominantly Virtual Offices, with corporate work being undertaken remotely whilst manufacturing, production remain centralised in cost-effective emergent markets.

So, are you still reading this article from your cubicle whilst you look over your shoulder to check where your boss is, or are you ahead of the curve in your own Virtual Office?