5 Key Benefits of Having a Virtual Office for Your Startup

by Ravish Kumar Digital Marketing Executive

The concept of Virtual Office has been on a steep increase, as people have garnered greater interest over the idea of renting Virtual rather than getting an actual Office space.

In Virtual Office setup you would get a virtual address that can be used for all forms of communication. These kinds of places are usually a coworking spaces, were in you can rent it on a need basis. Thus you could rent a conference room for conducting your rare meeting with staffs or you could hire an executive room to meet one of your clients, on schedule basis.

Usually these places would also give you a dedicated telephone lines and would have professionals answering your company’s calls.

The concept of Virtual Office’s is a boon for start-up, as it gives liquidity for the entrepreneurs to work on their comfort level. They can wait until their business reaches the point of expansion and then get a real office space.

Let’s discuss the advantages of renting a Virtual Office Space.

Advantages Virtual Office space provides for Employers

Professional Image

The hardest part of being a start up is to find yourself a client base, and the last thing you would want is to People think you are running a shoddy company. A Virtual Office provides you with an address, that many people believe as a criteria of being professional. Having an address in your visiting card is advantageous.

Also the places that provide Virtual Office’s are well renowned building in the region, which again would be a good image for your company.

Cost effective

The best part of having a Start up in your Home setup and having a Virtual Office is that you could save quite a lot of budget over renting a traditional building. Most business needs to invest bulk of their budgeting into renting, but with this Virtual Office you could reduce the amount considerably. The saved cost could be used on your clients or employees, both of which would increase your profits.

Hiring Location is not a Factor anymore

While hiring a traditional building your hiring limit would be a maximum of 20 KM from the space. With the Virtual Office, Geology is not at all a factor for hiring, as you could select the best possible talent for your company from any part of the world. For eg: a business built in Virtual Office Space of NJ can hire talents even from Europe.

Advantages Virtual Office space provides for Employees

Balanced Work & Life

When surveys suggested that most Employees find it hardest to manage both professional and personal life, invariably it contributes to lesser efficiency from them. Virtual Office does give you the option to work at your comfort zone and also gives you the chance to spend time with your family member. This balance would surely rub onto the employees and would enable them to work with more consistency.

Lesser Stress

For Years it’s been known that Stress is the major factor because of which employees perform less effectively. Research have indicated that People working from Home or Virtual Office are far less stressed compared to other’s working in traditional workplace. A lesser stressed employee would be more open minded and would eventually give higher level of efficiency.

With number of start up on an increase each passing year, it’s evident that Virtual Office is a good option for their initial phase. The advantage of it is a combination of both cost effectiveness and increased efficiency. All that Virtual Office requires is a good communicating employers and employees who can take up their ownership.

Source:http://www.123articleonline.com/articles/1077511/5-key-benefits-of-having-a-virtual-office-for-your-startup