One of the issues faced by startups is having an official business address. Where some startups are home-based, it might create a negative impression on your credibility. The other option is to rent a space that sometimes doesn’t fall under the budget. A virtual office is a benefit in such a situation.
Location plays a vital role in a business. It can define your accessibility and credibility for the business.
The virtual office can prove to be advantageous under such circumstances. It cuts down a lot of expenses without hurting the image of your startup.
Virtual offices curb the turnover rate of the company.
There are business owners using virtual offices. This is the address which is owned anywhere in the world.
Virtual offices give your business a desirable location without the high cost of renting a space. There is a various range of services offered to startups.
Here are a few of the advantages provided by Virtual office services:
- Corporate Mailing Address
- Lower startup costs
- Impression on Clients
- Meeting Rooms
- Courier Handling/ Reception
- No Long-term commitments
1. Corporate Mailing address
A physical address may be required to put on your business paperwork and business cards. Having a renowned place of work with a virtual office guarantees your image keeps up a dependable, proficient, and authentic business picture.
It builds your professionalism and validity as a business and makes you progressively approachable
Utilizing a physical business address and office telephone number on your business cards, site, and email builds trust in possibilities and customers rather than seeing a personal residence as your office.
Using the virtual office address protects you from revealing your home address publicly.
2. Lower Start-up Costs
Not every business can afford a prime office location in cities. Regardless of whether you do get a decent arrangement on the lease, there’s furnishings, offices, office hardware and more to manage.
One of the biggest advantages of a virtual office is the cost savings.
A real-time office can cost you a huge expense. This allows you to save money and take care of the finances where it’s required the most.
Virtual offices can play a vital role when you project your company’s availability in multiple locations. It creates a good impression among your clients, which makes your business look more credible and legitimate.
4. Improves Productivity
Your office can run without you, and you use it only when it’s needed. This can improve your productivity since you do not have to worry about your offices.
In a virtual office, you can pursue a professional virtual environment by having a phone number, fax service, voicemail boxes, and even a virtual voice to handle calls without the need for a receptionist.
With a virtual office you get Fulfilled instant services.
You choose what number of administrations you need, and you can scale up or downsize as needs to be. Your virtual office can develop with you.
6. Meeting rooms
If you need meeting rooms, then they are also available.
Along with virtual office services, a meeting room can also be acquired if needed for a business meeting.
These meeting rooms are not only furnished but also technologically smart and modernized with a whiteboard, wifi, video conferencing, etc.
There will be a big cost savings if you don’t have to own all this equipment and need to organize a business conference.
7. Courier Handling & Reception
Virtual office services include a person answering your business calls. There are also other administrative services available such as copying, faxing, and scanning.
You won’t need to take care of the calls and arranging posts as virtual office arrangement deals with this for you.
You can keep steady over the administrator and be completely operational every minute of every day with your own assistant.
Additionally, there are other services, for example, workspaces and meeting rooms that you can utilize at whatever point you have to guarantee your business succeeds.
8. No Long-Term Commitments
Most virtual offices are on a Monthly or Yearly 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.
Virtual offices are easy to set up and easy to shut down as well, without the need to spend anything additional charges.
Getting a virtual office address is not very difficult. These are the following documents that might be required.
Documents Required –
- PAN Card (Company)
- Certificate of Incorporation
- Aadhar Card (Authorized Signatory)
- PAN Card (Authorised Signatory)
Startups nowadays are becoming more and more competitive. It can get difficult to manage everything in the initial stages of your business.
Working from home, however, doesn’t mean that you don’t still need an office from time to time like meeting rooms/conference rooms.
Virtual offices can make your business handling much simpler and decrease your overhead expenses while maintaining the brand and professionalism.
Even if you rarely go to your office, you can still have a nice address on your business card.