Virtual and Serviced Offices –the Right Solution for Start Ups
There was a time when traditional office served as the only choice for organizations. However, today’s businesses can be just as productive by communicating online and using technology solutions to collaborate. Entrepreneurs operate from everywhere – coffee shops, kitchen tables, serviced offices and co-working spaces in addition to the traditional office.
When oneis starting a business, they need to look at ways to share theiroverheads, keep startup costs low and put the money saved on rent back into theirbusiness. During this span of time, renting one’s ownspace canbe a huge chunk of expense.
There is a certain amount of risk involved when jumping into your own office spacetoo soon:
- Commercial leases range from 3 to 5 years – if you are starting a small business, there mayonly be a couple of team members.Hence, a long term lease might be too big a commitment. You may want to expand and your requirement may change.
- Flexibility-To be able to grow and contract on demand becomes vital in those early years.
The idea behind a Virtual Office is quite simple.It is a physical office space, in a sought-after business location, with an admin team shared by numerous companies in order to lower costs. A Virtual Office would suit someonewho doesn’t need to locate all his team members in one office full time.But if heneedshis own space for his team to work privately every day, a Serviced Office would be the next stepping stone.
More and more businesses are embracing the concept of working virtually in order to enhance their corporate identity and grow their presence as quickly and cost effectively as possible. Now businesses of all sizes can use virtual office and serviced offices to improve productivity across many levels. One can enjoy many key benefits with a virtual office.
These packages offer many luxurious amenities within the monthly rental fee, so that one doesn’tneed to make many out-of-pocket expenses other than the monthly rent. These packages include receptionist services, boardrooms, superior technology with support services and lots more. The leasing of furniture and office equipment, utilities, staff wages, IT and communication solutions are some of the ongoing costs you will incur to establish and maintain your business. But with a serviced office, you won’t need to pay for these.
When one wants to expand to new markets – be it onshore or offshore, one shouldn’t rule out Virtual or Serviced offices as solutions that enable you to explore new opportunities without high cost and risky long-term commitments. Servicedand virtual office network gives you access to locations around the world.
Processing your request, Please wait....
