From the cost of renting, office setup, and travel, to the hassle of finding the perfect location, establishing an office can be extremely expensive, time-consuming, and stressful, especially for new businesses. In fact, the cost of setting up in a prime location can be a real obstacle for start-ups.
Fortunately, there is a solution that vastly reduces stress and has the benefit of providing a prime location: a virtual office. Read on to find out the benefits of a virtual office and how it can help you.
What Is It?
A virtual office provides all of the benefits of a traditional office but, virtually. With a virtual office, your business can have an address in a prime location while you and your staff still work from home or in a location cheaper than that of the virtual office’s address.
You can also have the benefit of a dedicated phone number with professional reception services associated with a city location. Post, faxes, and phone calls will be forwarded directly to you. While it means that you’re not renting a physical space, a virtual office does have the added bonus of allowing you to rent a room within the actual office space whenever you need it. In all, a virtual office can be a great option for a business that is starting out and looking to significantly reduce costs.
Why Location Matters
The location of your office is more than just a postcode. When you have a business situated in a prime location, you’re seen in the eyes of consumers to be competing with the largest companies. First impressions are everything for a start-up business; being located in a large city will help you to stand out.
Location is also something that you can tailor your branding to. Think about whether your product is associated with a certain area and pick a virtual office there. Think about the history of the area and how you can make the most of it within your marketing materials.
For a great selection of high-quality virtual offices, consider BE Offices, a company offering offices in various locations across the UK. BE Offices can provide the benefits of a full-time office and receptionist but without the same costs.
You Could Find Your Business Working More Productively
Getting off to a good start with high efficiency is important for a start-up. A virtual office can actually increase your company’s productivity. According to Social Media Week, a Chicago based business chose a virtual office in the short-term to help bring down costs. It later became a permanent solution after the company saw its productivity increase at a striking rate.
By having employees working remotely, you don’t have to worry about travel issues making people late for work. Some businesses have also reported a reduction in sick leave. Many employees also just prefer working from home to going to the office and will complete tasks more quickly at home.
Spend More on Growing Your Business
By cutting out costs through avoiding rental fees and having employees work remotely, you can spend more on growing your business, carrying out marketing campaigns and expanding your outreach. As a start-up, you can be ahead of the pack of other new businesses that may be spending more time and effort through renting traditional premises.