The new year brings with it many opportunities to start something new. Whether working on improving your mental and physical health, making time for a new hobby, being more engaged in your community, or starting a new business, now is is the perfect time to start working on your goals for the year. If you are looking to start a new business this year, it is a great idea to take advantage of all the tools that are available to set your new company on the path towards success. And when you take the COVID-19 pandemic into account, one of the most effective tools your new business must take into consideration is a virtual office.
Here are a few reasons why a virtual office can be very beneficial to new businesses.
Virtual offices are cost efficient
Studies show that businesses allocate between 15% and 46% of their budget to traditional office spaces. When you set up a virtual office you are able to reduce this cost significantly while still being able to retain most of the important perks that a traditional office offers you.
Just like a traditional office, a virtual office can be established at a well known office building, so your business mail won’t be addressed to your home.
This business address also ensures that your company will be perceived as professional and legitimate without the high cost that comes with a traditional office space.
Flexibility to scale the business
With a virtual office your business is able to scale as much and as quickly as you need it to. If you are thinking of entering a new market, all it takes is for you to set up a new virtual office at a corporate building in the city you are looking to be present in. A virtual office also frees you from long leases and risky long term commitments that may limit the possibilities of your new business.
Another benefit that comes with a virtual office is the fact that you can book services such as live receptionists, mail forwarding, or rent conference and meeting rooms, day offices, and coworking spaces whenever you need them and for as long as you need them and without adding to your overhead costs or requiring your company to rent more space.
Work from anywhere
Being able to work remotely became essential to every business in 2020. In 2021 the option to work from anywhere will remain an important feature for workers everywhere so it is a great idea to have this perk at your company.
Additionally being able to work from anywhere greatly expands the talent pool you can consider when looking to hire. Instead of being confined to just your city, you are able to find the best of the best, wherever in the world they might be located.