Why is a Virtual Office Good for a Startup Business?
A Prime Business Address for a Fraction of the Cost
More often than not, virtual offices are located in a prime address near or within the central business district of a particular country. This gives startups an unbeatable edge in building a professional image by having all their correspondences addressed to this location, as well as the privilege to use this on business cards, stationery, and all business materials. Clients are more likely to transact with a startup that has established itself in this setting, than those who use their home addresses which may seem shady and unconvincing. For a minimal fee, virtual office vendors allow startups to utilise their business address for all correspondences.
A Dedicated Telephone Number
The basic package of virtual office services include a dedicated telephone number, with a customised greeting. The call handler answers the call on your behalf, with a greeting that uniquely identifies your company. The call will then be forwarded to you, creating a more professional image for your business once again.
Global Workforce
Almost everything can now be done through a computer and online connectivity. With that flexibility, it is now easier to find the best talents, wherever in the world they may be. That means more productivity for your business, in terms of doing more and achieving more optimally, because you have the most brilliant people to run the startup with you.
Happier Employees
Many employees worldwide have embraced the culture of working at home, as it promotes everyone’s ideal work-life balance. Since they are at home, they are less likely to be absent from work as they have time to sneak in their errands during the day. Having a virtual office setup eliminates the commute time from everyone’s daily tasks, and gives them more time to attend to more important things in their lives such as family, well-being, and their personal hobbies. In totality, virtual offices are proven to produce happier, more fulfilled employees!
Significantly Low Overhead
Aside from saving money from rent of precious real estate, renting a virtual office means that you don’t have to invest on furniture, equipment, computers, electricity, other utilities, renovation, and staff. Imagine how it would be like if you had to spend on all these things—there would be nothing left for you to invest it in other bigger business opportunities.
Some companies haven’t fully embraced the culture of a virtual office, untrusting of the concept of not being able to keep a close eye on their employees. The key to a successful virtual office setup is being able to establish open communication at all times, a managed workflow, and hiring the best people who are well-experienced in the industry of your business.
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