9 Benefits of Virtual Offices
What is a virtual office?
A virtual office provides a business office address without physical office space. You can work remotely and virtually whilst your business maintains a physical presence. A virtual office provides a variety of business functions, such as call-handling, mail-handling and being able to own your own exclusive phone line, all while providing the business owner with a prestigious postcode that would usually come with a hefty renting cost.
Virtual office benefits
So how does a virtual office work for your company? There are many advantages of virtual offices for your business. From remote work to business support, the benefits of virtual offices include:
- Makes Businesses More Professional, Credible, Legitimate
Having a prestigious business address with a virtual office ensures your brand maintains a credible, professional, and legitimate business image. Using a physical business address and office phone number on your business cards, website, and email increases trust in prospects and clients as opposed to seeing a mobile number and home address. It increases your professionalism and credibility as a business and makes you more approachable.
Choosing a virtual office address in a well-known area relevant to your business further creates a positive impression of your business. For example, if you are a digital company and use a virtual address in Tech City in East London or the Custard Factory in Birmingham, this can increase your reputation as a tech company and projects the right image to clients. A virtual office allows you to have a prestigious business address in the city and work from your home in the country, whilst maintaining credibility and prestige.
- Work From Anywhere
A virtual office is ideal for those who want to work remotely as it gives you the flexibility to work from anywhere – from home, from a beach, from the park, from anywhere you want. If all your business needs is an internet connection then a virtual office is the ideal solution for you.
- No Commute – environmentally friendly
Since you have no office, you have no commute. This makes virtual offices more environmentally friendly than traditional office space. Cutting out the commute decreases carbon dioxide emissions, allowing you to reduce your carbon footprint and help the environment. No commute also means you do not have to sit in traffic, wait for buses, or squeeze onto crowded trains. Plus, you’ll have the time once wasted on your commute free to dedicate to working on things that really matter.
- Increase Satisfaction & Productivity
Virtual office solutions are great at increasing employee satisfaction – this is because they give employees the chance to work from home, save money on the commute, cut out the commute, and ultimately have more freedom and a more flexible work-life balance. Typically, this decreases employee turnover, as they’re happier and less stressed in the job. Virtual offices also increase productivity as employees can work in a more relaxed environment where they are most engaged and there are fewer distractions. This increases productivity and efficiency, as happier employees work better.
- Larger Talent Pool
When working from anywhere you are not restricted to only hiring talent in the area where your office is. A virtual office allows you to hire the best talent regardless of where they are located. You can also hire more without needing to relocate to bigger premises. This gives you a much larger talent pool to hire the best talent and help your business thrive.
A virtual office is much more cost-effective than a traditional physical office. Most importantly, and why many choose a virtual office, this is because you pay for a prestigious business address without paying the large rents that come with it. This enables you to keep business expenses low as you reduce costs of commuting and transportation, office equipment, office maintenance and utilities, the cost of a full-time receptionist, relocation costs, work attire, and all other associated costs of a brick and mortar space. This then allows you to save money and concentrate your finances where you need them most – by investing them back into your business.
- Easy Expansion
A virtual office allows you to expand your business without needing to move to a larger office. This is a lower cost and stress-free alternative to traditional expansion which requires relocating to a larger office and paying even greater rent prices. Because space is not a limiting factor, growing businesses can use a virtual office address to establish a presence in a new location or have multiple offices around the country, while testing out the market there without the cost of relocating to that area.
- No Long-Term Commitments
Most virtual offices are on a monthly or ad-hoc basis. There are no long-term rent contracts as there is for physical office space. This reduces risk as you simply use and pay for the virtual office address for as long or little as you need.
- Business Support
Virtual office packages offer loads of extra features to support your business so that you can concentrate solely on your business. You don’t need to worry about time-consuming tasks like handling calls and sorting post as most virtual office solutions take care of this for you. You can stay on top of admin and be fully operational 24/7 with your own receptionist. What’s more, there are also facilities such as co-workspaces and meeting rooms that you can use whenever you need to ensure your business succeeds.
Reap the Benefits of Virtual Offices
From increasing your business’ credibility, remote work, no commute, increased productivity, and larger talent pool to cutting costs, easy expansion, no long-term commitments, and business support, there are many advantages of virtual offices for your business. Now you’ve learnt why to use a virtual office, get in touch with Grosvenor House today to discover the benefits of virtual offices, and how they can help your virtual company now.