In the digital age, when people are connected at lightning speeds from all over the world, the need for traditional offices is diminishing. A virtual office is a smart, cost-effective option for businesses that don’t have a need for a full-time office.
The economy has finally recovered from the Great Recession of 2008, which means property value is back on the rise. So if you need to lease office space for your business, you may have noticed the prices can be quite high.
The Bay Area is full of office buildings and skyscrapers, spanning from San Jose to Napa. It’s a diverse and vibrant area brimming with people and business opportunities. So why wouldn’t you want to have your business located here?
The world has changed: the traditional 9-5 business office is starting to fade, as more people work from home or work for themselves. If you fall into this category, why not work in a virtual office? There are many benefits a virtual office has over a traditional office. Here, we’ll go over five of the best.
Working from home offers convenience and practicality, as well as comfort, but it’s not without its shortcomings. Using your home address as your business address eliminates privacy, and acting as your own receptionist is a hassle. But there’s a solution that’s both cost effective and easy: A virtual office.
If you’re running a business on the East Coast, you may feel like your client base is limited to your geographic region. You’d probably love to expand, but if your business is small or relatively new, you might not have the financial ability to open a branch office.
Virtual office is defined by dictionary.cambridge.org as: “the activities of a business carried out by people who communicate by telephone, email, and the internet, etc., rather than working together in a building”.
If have a start-up business, you’re probably running a pretty small operation; not a lot of employees, limited capital and a lot of work to be done. You might be operating the business out of your home, or you could simply have your current employees all working remotely and connecting digitally.
When you’re running a start-up business, your current set-up is probably very small; very few employees, a limited budget and you may not even have an official office.
Virtual offices have become very popular in the internet age. With the increase in telecommuting, working from home and self-employment, more and more people are looking for a way to establish a professional office “storefront” for themselves without the hefty cost of a full-time office.
