What Businesses Can Benefit By Using A Virtual Office?

Efficiency, a good image and financial security are three of the most important factors that business owners concentrate on when building a successful start-up. While a dedicated office can help legitimize your business, the costs associated with rental fees, office equipment and utility bills can cause serious financial strain on companies in their infancy.

A virtual office offers all the facilities that come with a traditional brick and mortar office space at a fraction of the cost, which is why virtual offices can be the perfect option for small businesses looking to create a professional corporate image. But it's not all about the financial gain, a virtual office is a modern alternative for start-ups looking to create a shared environment with many added benefits.

A virtual office can be of great benefit to many companies by offering a range of services over the Internet. Such services often include a physical business address, qualified front-end services such as telephone answering, live reception and voice mail, access to meeting facilities, and mail services. Nevertheless, there are pros and cons of a virtual office. So, what are the companies that benefit most from implementing this establishment?

• Freelancers

If you don't want to make your home address available to the public, a virtual office will provide a solution. Alternatively, you can use a professional-looking office address, and no one will be wiser than running your business from home.

A virtual office is also a cost-effective solution for freelancers who may not (or may not) want to use a coworking space or shared office space. It's a crucial step stone between your home office and your workspace.

• Entrepreneurs and start-up firms

A virtual office is perfect for start-ups and entrepreneurs to help build your credibility and make your brand grow. This shall provide the following benefits.

Corporate Credit Address: a zoned commercial mailing address will help you build up your business credit. It allows lenders to identify the location and activity of your firm.

Dedicated local phone number (and fax number): you don't just get a physical address, you also get local phone and fax numbers. This could help you gain local customers and build trust in your brand.

Live receptionist: once again, by having a person answer your calls, this helps to build a professional image of your company.

Customized voice mail: this can help direct your customers to the best person to answer their call and enhance your service.

Remote work: your workers will have access to a range of cloud-based solutions that allow them to work from any place at any time thanks to a virtual desktop.

• Scale-ups

If you want to grow into a new region, but don't want to physically open a shop there, you could use a virtual office to give you a presence at a specific location. This is useful if you are going through a period of rapid expansion, where you may not have the money to physically open a branch or store in a new location. A virtual office offers you a way to have a near-instant presence in a city.

A virtual office is a smart solution for online businesses that want to boost their sales in a particular region but do not want to operate physical stores or offices.

Whether you're an entrepreneur, start-up, scale-up, freelancer or multinational, a virtual office can save your company overhead costs. You don't have to pay for workplace facilities or coworking membership. Nevertheless, several virtual offices provide members with access to meeting rooms and conference facilities. These are typically adorned with the latest high-tech gadgets to further impress your customers. For virtual office fees starting at as little as $50 a month, it's easy to see why this approach allows companies both large and small, old and new to set up shop wherever they want to be.