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Virtual Value – 5 Powerful Advantages to Be Gained from Using a Virtual Office
Photo: Nick Morrison/Unsplash
As business owners and companies embrace flexible working conditions, virtual offices have only continued to grow in popularity. They have even remained popular throughout lockdowns and pandemic restrictions. If you’re still not sure what the fuss is about, here are five of the many advantages that come with using a virtual office.
1. Cutting Costs
Virtual office solutions give businesses all the perks of a professional address in a CBD location, including a dedicated phone line, mail forwarding services, and more. At the same time, you remove the hefty costs of rent, utility bills, cleaning, maintenance, wages for additional administrative staff, and office furnishing. In other words, making the change to a virtual office is a great way to reduce your business expenses, giving you more to reinvest into your business.
If you do require some admin services, such as a virtual receptionist or a meeting room, you can include these in your virtual office package when you need them rather than having to pay for them permanently.
With a virtual office, you can operate your business from anywhere you please, whether it’s the comfort of your own home office, a coffee shop by the beach, or from another country. As the needs of your business change over time, you can also upgrade or downgrade your virtual office package to include as many features as you need. There are no set-up costs, and month-to-month packages are designed to be flexible for you.
If you wish to move your base to a different locale, stopping your virtual office subscription is a breeze compared to terminating a rental agreement and physically moving office equipment.
3. Saving Time
Your employees and/or freelancers can say goodbye to the daily commute and peak hour travel when you switch to working remotely and using virtual offices. Not only this, but you will also cut down a significant amount of time that would have otherwise been spent on office administration in a physical office space or storefront. Time is the most precious commodity we have as business owners, so why waste it on these tasks when your business can probably function better without them?
4. Increased Productivity
Whether you are a freelancer or have a team that can operate remotely, using virtual offices has been found to increase productivity and satisfaction among many professionals. Alleviating the burden of extra costs, commuting, general office administration, and organization allows employees to focus on their core responsibilities with minimal time spent on low-value tasks. Working remotely can also mean fewer chances for distractions like office chit-chat or disruptions during in-person meetings and more time to get things done during the workday.
5. Less Stress
All of the above points hint at this final major benefit of using virtual offices – less stress for you and all your employees. While flexible work conditions are known to improve the way many people work while also simplifying many business processes, the best difference it can make in your life is improving your work-life balance and wellbeing. There are a lot of uncertainties that come with running a business, but virtual offices provide support services and the freedom to easily adjust your resources as regularly as you need.
With all these brilliant benefits, is it really a surprise that virtual offices are the preferred choice for many business owners, freelancers, and start-up companies all around the world? Since there are no lock-in contracts, it’s worth giving the virtual life a trial run to see if it works for you.