October 14, 2015
As we become more technologically advanced, the way to conduct and run a business is slowly changing from the traditional concept of having a physical office space with employees. The physical need for a permanent office is not what many businesses are looking for or need anymore. An alternative method to the traditional concept is now becoming internationally popular and used – a global virtual office. A virtual office allows business owners to work from any location using laptops, cell phones, and internet access. Business meetings can be conducted via teleconferencing and video conferencing as well as all documents can be sent electronically. If a physical meeting is needed, some virtual office companies offer extra services where the business owner can rent a fully equipped office and conference space on an hourly basis. There are without question, tremendous advantages of switching to a virtual office.
• Reduced expenses – With no physical office, business owners are not tied into leasing or renting space, therefore providing them significant savings, reduced risk and overall more flexibility. With a virtual office, business owners can still obtain a professional address in which they are only charged for the maintenance of the address itself.
• Low start-up costs – Unlike the traditional business model, the risk of starting a business with a virtual office space is drastically reduced. The start up costs of a virtual office are relatively inexpensive and since the business owner is not tied to a contract, its more flexible and safe if there is a potential change within their business.
• Human Resource Management – Using a virtual business center to help manage your business, a business owner does not have to hassle and stress over hiring employees. Instead, the virtual business center can manage the employment of staff as needed for the business. In addition it can deal with payroll, taxes, any legal issues and marketing services. This allows the owner to focus primarily on their business and not be distracted by the management and functioning of the office itself.
• Virtual Assistants – Although you will never see your virtual assistant, they perform all the necessary tasks needed to keep your business running smoothly. Their job is to take the responsibility of administrative tasks such as setting up meetings, data entry, and accounting.
Virtual offices are becoming the future of businesses. With their flexibility, business owners are given the freedom to transform and create mobility, not only for their business but for themselves.
What tasks would you love to hand over to a virtual business center?
Get weekly updates right in your inbox. Provide your email address here.
First impressions are everything in business. Whether you work at home, have a small office space in the city, or you are travelling, using an hourly office rental in Markham, Toronto, and surrounding towns can ..
As more individuals choose to work from home, the need for a long-term office space is on the decline. Many entrepreneurs see the benefit of working remotely in the early stages of their career. Starting ..
As a new entrepreneur, it can be a challenge to know where to start. There are so many structural, financial, production and process-related issues to take care of, while you want to grow your customer ..
Renting or leasing your own office may sound like an ideal scenario, but it will typically come with a big price tag. Fortunately, a short-term rental is the perfect solution. Part-time office rentals come fully ..
The ability to rent a small office space is not strictly reserved for established businesses. In fact, entrepreneurs can benefit in many ways from working out of a commercial facility. A business centre will provide ..