4 reasons to consider a virtual office space for your SME
Photo by James McDonald on Unsplash
If navigating the coronavirus pandemic has taught the business world anything, it is that our formerly rigid ideas about work and offices are no longer as valid as they once were. These days, when people speak about work, it is what they do, rather than where they go that matters.
For anyone aspiring to set up a small business or run an established business, the thought of investing money in a physical office space may not be the most sensible decision in the current economic climate. However, there are solutions, thanks to the advent of the virtual office.
Despite the fact that virtual office spaces are a relatively new concept in the business world, they boast a whole host of benefits for fledgling business owners. Here are just a few reasons you should consider a virtual office for your small or medium sized enterprise (SME):
Save money
While virtual office spaces require an initial investment, this is often quickly recovered. For example, it is estimated that businesses can save around GBP 8000 per worker when employees telecommute. Moreover, you’ll also save money by not having to lease an office building or invest as much in technology.
Increase productivity
Having virtual offices also increases productivity and flexibility for employees, many of whom appreciate the opportunity to work from home. As we have seen in recent months, having the option to work from home reduces the need to commute unnecessarily and allows people to spend more time working rather than traveling to work.
Ensure professionalism
While it makes sense to cut costs by reducing office expenditures, any good entrepreneur understands the value of retaining a traditional office infrastructure, as it gives clients confidence and gives your business a sense of professionalism.
Customers expect to see a formal office address on stationery or on the company website rather than a person’s residential address or a PO Box. Furthermore, having a proper landline rather than a mobile also adds to a professional business image. By investing in a virtual office solution, your business will have access to all of these elements that contribute to providing a positive impression for clients and customers.
Consider the environment
Operating from a virtual office also reduces a business’s carbon footprint by reducing power and water usage. In a more indirect sense, the lack of a commute for workers also makes a difference in terms of reducing the number of cars on the road. Being seen as a company that cares about the environment and not just their bottom line will be excellent for corporate social responsibility.
The world of work is changing at a rapid rate. The global talent pool is now seeking employers that offer them greater flexibility and a good work-life balance. The option of operating via a virtual office is a great way to save money and increase productivity while allowing the business to maintain a professional face for clients. The solution of a virtual office also has positive impacts on the environment.
