3 Advantages of a Virtual Office for Start-Ups
One of the biggest on-going costs facing start-up businesses is the cost of leasing or owning business premises. However, these costs can be majorly cut down if you start with a virtual office.
Business owners usually see the advantages of hiring part-time staff in order to save on full time salaries. This is particularly true if you are a start-up. If this is the case, then a virtual office is the way forward, at least until you get your feet off the ground and start growing your team as the workload comes in.
What is a Virtual Office?
Just like a part-time team member a virtual office can save you money and increase the efficiency of your expenditure. A virtual office is not a physical location but a ‘virtual business location’. It provides all the advantages of a fully serviced office but without the physical space.
Advantages of Virtual Offices for Start-Ups
1. Corporate Identity
The first step towards achieving your business goals is to register as a corporation. Companies with a corporate identity reap huge benefits. The main ones being perception and credibility. If you are using your home address as your business address it may look unprofessional.
2. Low Overheads
Professional virtual office services give your business an upmarket location for just a fraction of what you’d pay if you leased a physical office. There is no need in renting an office space or taking a coworking space if you don’t yet have the staff to fill it. This is why many start-ups work remotely until they get on their feet.
3. Call Forwarding & Mail Services
Local telephone numbers may also be on offer with a virtual office. Having a local number allows you to acquire local customers more easily. Unrecognisable numbers may appear untrustworthy, with local telephone numbers appearing more personalised for your target customer.
Finally, your start-up business will have a better chance of succeeding if you can create a strong and lasting impressionon those you do business with, and also when you can reduce your overheads significantly.