The business environment is relying more and more on modern technology. However, not all business owners are ready to move to a virtual office. Most of the time, entrepreneurs who are reluctant to change do not have the chance to get a complete picture of what virtual offices are and how they can enhance business growth.
Therefore, all business owners should carefully analyse the benefits that virtual offices can bring to their business before making a final decision for their companies – whether they own a more established company that uses a traditional office or they are freelancers or start-up owners using a different type of office (such as a serviced office or even a home office). Of course, virtual offices cannot always be the best choice for all business models. But for some, they can bring significant advantages.
5+1 Reasons Why Virtual Offices Worth It
Virtual offices are extremely affordable. Perhaps there is no other type of office that costs less than a virtual office. At the same time, they provide the same benefits as traditional offices. As a result, a company can save a significant amount of money that would normally be spent on fixed and variable overhead. Even if virtual offices are a lot more affordable, they give businesses opportunities to grow and expand in the same way as they would grow if they used a different type of office (meaning that there is no difference between the effectiveness of the services provided by a virtual office and the effectiveness of the services provided by another type of office).
2. Give businesses a professional appearance
A virtual office provides businesses with a prestigious virtual address (among other benefits, such as a telephone answering service, mail forwarding service, rentable meeting rooms, etc.). The virtual address will make everyone believe that a business operates from a specific location even if managers and employees work remotely from different locations. Therefore, start-ups and small businesses that use a home address as a business address will get a more trustworthy and professional image by renting a virtual office, while businesses that use a physical office will keep having the same professional image but without high overhead expenses.
3. Unlimited access to the global talent pool
Unlike physical offices that request employees to live within commuting distance from a specific location, any virtual office throughout Australia can give business owners the chance to find everywhere around the world the finest talent that can make a business grow. Moreover, business owners can consider hiring employees from low-wage countries, for the significant cost-saving benefits.
4. Help businesses save time and increase productivity
Virtual offices are not only about saving money but also about saving time. Remote work means no commuting and, as a result, managers and employees who do not need to go to a specific location daily save a lot of time. This means that employees will become happier and more satisfied with their work (and therefore more productive) while managers can invest the time they save in other business activities. In a few words, virtual offices offer a stress-free work environment because managers and employees can save precious time by avoiding traffic jams and, as a consequence, their productivity gets increased.
5. Healthy work-life balance
The remote work is a lot more flexible than the work in a physical office. A flexible work environment allows employees and managers of a company to live a healthy work-life balance. First, because they are free to work from anywhere (even while travelling). Secondly, because they can choose when to work according to their personal work rhythm: some people are more productive in the morning while some others simply prefer to stay up all night to finish their tasks.
6. Provide support for scaling
With a virtual office, companies can expand (or even shrink) according to their workflow, without investing in more office space or relocation. A business can easily access the services provided by a virtual office as it scales. For example, a start-up owner can answer phone calls and speak with customers at the very beginning and, once the business gets more customers, use a virtual receptionist that handles phone calls on behalf of the company.
To sum up, virtual offices are worth it for all companies that do not need the employees to be present in a physical space. They are cost-effective, give companies a professional image, save time and money, increase productivity, ensure a healthy work-life balance, and eliminate barriers to scaling up. In the long term, they can significantly boost a business’s growth.