Getting into any kind of business can be a risky venture. But when it does thrive, then you’ll certainly reap the rewards later on. For small businesses and start-ups, some companies and professionals may think twice about spending on big capital investments – especially when purchasing or leasing office space. Now there is no need.
Flexible workstations such as virtual offices are now being offered to businesses and executives to help minimize financial risks. Below are just some of the key points when utilizing such office arrangements.
What is a virtual office?
A virtual office is an area or space wherein a computer and a desk are readily made available for use. They are used by businesses that do now always need to use a physical office because their staff may work from home, travel extensively, or spend most of their time in the field. People who are employed in a virtual office can be located on or off-site.
A primary advantage of using a virtual office for many companies is prestige and appearance. They are provided with an upscale address in a top location. Some virtual offices include a set number of hours per week or month of office space. Others include a meeting room for client appointments or to have staff meetings.
Many may have video conferencing capability, allowing you to do webinars or to hold international staff meetings, connecting people around the globe.
Another advantage is usually staff to answer your phones and receive or send faxes. They may even manage your company email for you, although this is probably less common. Your virtual office company may provide a company email address, phone and /or fax number.
A virtual office can be profitable for your company, as they save on costs that are usually spent on buying or leasing a physical office. It’s economical in all aspects since you get to set aside more for other important business functions (i.e. marketing, etc.). Aside from that, you’ll also get to experience working with well-enhanced facilities since virtual day offices usually offer support services such as call forwarding, secretarial services and mail handling (amongst other essentials) as so called virtual office bundles.
All of these are made possible and within reach in varied locations. Using a virtual office is convenient and costs less. It cuts back costs on renting or purchasing office furniture and a visible office space. By sharing staff hours, companies can save on employee overhead.Use the money you save for additional marketing. Request additional staff during busy periods without the expense of finding and hiring seasonal workers or temps.
Evaluating Virtual Office Services
There are two things that you should consider when availing virtual part time offices:
- Is it a worthwhile investment?
- Does it offer well-enhanced facilities?
- What is included in the package you choose?
- Do they have enough staff for your needs?
- Can you use other addresses owned by the same company?
International Virtual Offices
Many companies that provide virtual office services are located in major cities around the world. Some may provide plans that let you use your office time in multiple locations. For example, plenty of business facilities in Hong Kong already offer this type of arrangement.
Even if you already have an existing office, a virtual office can still help boost your company’s brand. A set-up like this can be a good alternative to renting traditional office spaces. So if your business doesn’t need a physical office just yet, taking advantage of a simulated workplace can help save a lot of money since contract durations can be as flexible from just a few weeks to only a few months.
Hong Kong Virtual Offices
There are plenty of business hubs that offer such flexible workspaces. Hong Kong is particularly attractive for International business today. Most reputable business centers are located in major areas in Hong Kong (whether in or out of the city) and already provide a business address that you can readily use.
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