You’ve decided to start a business; that’s a huge undertaking, and also a considerable gamble. It takes more than just a good idea to create a successful new business. You need dedication, hard-work, and maybe a little bit of luck.

One way to improve your luck is to rent out virtual office space. What is a virtual office? It’s basically a part-time rental, either of a private office or just the office address. So why should you consider a virtual office? Here’s why it’s a sound investment for your start-up:

It’s cost effective

When you’re starting a business, it’s going to be a while before you start turning a profit. In fact, it could easily take three years for your company to become profitable. So why incur unneeded expenses in the meantime?

Leasing an office full-time can be very expensive and likely unnecessary. With virtual office space, you can have an office or conference room at your disposal on a part-time basis, allowing you to use it for workspace when necessary, or to meet with potential clients on an as-needed basis. And best of all, the expense will be only a fraction of the cost of a lease.

It gives you professional credibility

If you are working from home in the early days of your start-up, you probably don’t want to use your home address as your professional address. A PO Box isn’t much better, because it doesn’t give the impression of professionalism.

With a virtual office address, you can pay to have your mail and packages sent to an office building where it will be accepted by a virtual office receptionist and stored securely. And speaking of that…

A virtual receptionist is at your service

Just like an office address, having a dedicated phone number for your business is important; you don’t want business calls coming to your home or cell phone. But with a virtual office, you can take it one step further: most virtual office rentals come with virtual receptionist service.

A virtual receptionist will always be present during business hours to take your calls, and can take messages or transfer calls straight to you – even if you’re not present in the building. Not only does this ensure you won’t miss an important business call, it also adds an extra layer of professionalism to your business.