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One of the biggest advantages of living in the current digital age is limitless flexibility brought about by technology. The world is truly a global village where people from all parts of the globe can interact, do business and work together without being limited by space, distance or boundaries. Entrepreneurs and employees now prefer to work on the go or at the comfort of their homes. Although technology has brought about flexibility and convenience, customers and clients still expect and prefer the good old feeling of transacting with a friendly neighbour rather than an image on the internet. This is the reason why the concept of a virtual office is seeing a rise in popularity in recent years. So, what is it about this kind of office arrangement? Let us expound.
What is a Virtual Office?
A virtual office is a service that provides a range of business functions accessible through the internet thereby enabling business owners and employees to work remotely. As the name suggests, the office only exists virtually and so it is not limited by physical space or proximity to employees or business owners. This allows organizations to establish and maintain a presence in any desirable location at a fraction of the cost it would cost to rent or lease an actual space in the area.
5 Reasons You Should Consider a Virtual Office
Virtual offices allow businesses to reap the benefits of having a physical office space without actually paying for physical office space. Here are more benefits:
IMPROVES EMPLOYEE PRODUCTIVITY
The traditional 9 to 5 schedule doesn’t work for everyone. Virtual offices allow employees to create their schedules and be personally responsible for their productivity. The added freedom and flexibility allows employees to be happier and thereby more productive.
REDUCED OFFICE OVERHEAD
Having a virtual office exempts you from typical office costs such as rent, utility and maintenance. You can then use the attained cost savings to grow the business, offer customer discounts or raise salaries so as to attract the best talent.
LOWER OFFICE SETUP COSTS
Setting up a physical office can be very difficult. Not only do you have to find the right space, but also put up a deposit, furnish and probably renovate. These upfront costs can add up very quickly. With virtual offices, you can work from home or even a fully furnished shared office.
IMPROVED OFFICE FLEXIBILITY
Virtual offices offer the ultimate flexibility. Business owners and employees can choose the time of day they are most productive which also improves their work-life balance. Additionally, you do not have to be tied to your computer even with dedicated work hours. Some packages include a receptionist which adds a level of professionalism and flexibility.
LOCAL SEO BENEFITS
With virtual offices, you can establish a local presence in any part of the country without setting up a physical office. This can help you rank higher on local searches even though you do not have a physical location by having a local phone number and address.
SERVICES OFFERED BY A VIRTUAL OFFICE
- Virtual address (business mailing address)
- Virtual receptionist and phone answering services
- Mail forwarding
BENEFITS OF A VIRTUAL BUSINESS ADDRESS
- Establishes and maintains a credible local presence which makes your business part of the community
- It fosters trust among customers and clients as the business seems more established and credible
- A dedicated business address gives the business a more professional outlook as opposed to using a home address
- Elevates the business prestige since most virtual offices are located in recognized commercial areas. Being associated with established corporates boosts the company’s brand
- You get access to additional services such as
- Virtual assistants
- Private and shared office space on demand
- Meeting room rentals
Is a Virtual Office Right for You?
Although virtual offices are typically ideal for small businesses trying to get a foothold in the market, they can also work well for larger companies looking to expand into new markets or in allowing employees to work remotely.
If you are looking to reap the benefits of a virtual office setup Officescape Markham can help you. We have world-class virtual offices in Toronto and Markham to fit your needs. Talk to us today to make a booking or to get more information.