VIRTUAL OFFICE SPACE

As the demand for flexible workspaces grows, we've also seen a rise in popularity of virtual offices. What if we told you that you could situate your business in one of the most attractive business hubs of your region without having to pay exorbitant amounts of money? This workaround is possible through a virtual office.
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What is a Virtual Office?

The times of the pandemic taught people they could work from anywhere, anytime they wanted. These setups started from home offices and slowly transitioned to coffee shops and restaurants. Today, they have evolved into coworking spaces, which in our opinion provide a great balance. No employee or business today wants to be confined to one traditional workspace or long-term lease. As the demand for flexible workspaces grows, we’ve also seen a rise in popularity of virtual offices. What if we told you that you could situate your business in one of the most attractive business hubs of your region without having to pay exorbitant amounts of money? This workaround is possible through a virtual office.

A virtual office is more of a service than an office which provides you with a business address, a place you can receive your mail, access to meeting rooms, and sometimes even a physical workspace depending on the package inclusions. Some providers also offer receptionist services, admin assistance and much more. Think of virtual offices as business addresses that are often used by several businesses. You can essentially create a presence wherever you want, allowing you to expand or set up your business in any location.

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What Do You Get with a Virtual Office?

The amenities and services included depend on the provider and the selected package. As a guide however, here are the most common inclusions;

  • Your postal address for your business that can be located anywhere depending on the virtual office you choose.
  • A receptionist if you need meetings conducted in the virtual office or close by.
  • A mailing service that provides you virtual access to your post.
  • Telephone answering services.
  • Meeting rooms if you need to arrange a physical meeting. This often comes at an extra cost.

It is important to check beforehand and ask coworking spaces all about the unique features their virtual offices provide. If there is any specific feature you need, it is vital to ask before you commit.

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Virtual Office

What Should You Consider When Looking for a Virtual Office?

If you are looking to secure a virtual office, it is essential to research thoroughly and pick the space that best aligns with your goals and requirements. Here are some things to consider;

Location
Since you are investing in virtual offices for the location, make sure you choose a prestigious one. Not all addresses are going to be worth the investment so choose a location that is well-known and easy to find in the region as that can connect you to more clients and better business opportunities.
Services
Is there a particular service you desire from your virtual office? Do you need receptionist services which can deal with business phone calls, a dedicated landline, or postal mailbox with physical addresses? Make sure you communicate this with the virtual office provider in advance. No virtual office is the same so it is important to ask questions regarding the extra benefits the provider can offer.
Cost
Make sure you compare a few virtual office options and settle on one that can give you the best offer for what you need. Costs vary depending on the services you require. Carefully analyze the services you need to sign up for, without which your business would be unable to function. Although virtual offices are a lot cheaper than other coworking spaces, they still require a level of investment. Choose well!
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The Pros and Cons

Don’t have the time to conduct an analysis to determine whether a virtual office isthe right fit? We’ve got you covered. Here’s all the information you need to make that decision;

The Pros

The most significant advantages that should drive you to choose a virtual office include;

  • Flexibility: Virtual offices are even more flexible than other coworking spaces. All you are renting is a prime location or office address. This means you don’t have to be restricted by a geographic location (and your workers will not be restricted by a dress code!)
  • Cost-effective: A virtual office is the most cost-efficient flex space solution as you don’t need to pay for renting an actual office, utility bills, and extra services.
  • Additional Services: Despite not needing to be physically present in the office, you can still take advantage of many additional services such as virtual assistants, answering services, mailing services, and so on.
  • Professionalism: Having a physical address to add to your website, social channels and business cards provides that additional layer of credibility and professionalism for potential clients looking for your services.
  • Privacy: You no longer have to list your home as your business address. With a virtual office, you can have an official business address that adds more privacy to your personal life.

The Cons

Despite all the benefits, it is essential to consider some cons. This can help you decide whether or not to proceed.

  • Limited availability: Unlike other flexible office setups, a virtual office may be harder to manage as it most likely will require you to book a space in advance if you are intending on using the physical office sometimes. Since you don’t have a dedicated office space at all times, you may find it hard to reserve a spot or meeting room when you need it.
  • Limited Services: When compared to other coworking spaces, a virtual office provides you much less services and amenities.
  • Limited Engagement with the Team: If you are choosing to work fully remotely, you may experience limited engagement with your team. Often, your team may struggle to keep up with your organization’s goals and face all the challenges that come with working fully remotely.
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Who Can Use a Virtual Office?

Now that you know all about virtual offices, you may be wondering who they are for. Here are some setups that can benefit from a virtual office;

Startups

In their earliest stages, startups or entrepreneurs who haven’t fully entered the market may find it hard financially to commit to a coworking desk or private office. They may face a lack of funds and might not even have a big enough team for an office space of their own. Thus, they may benefit from a virtual office.

Freelancers

A virtual office is particularly beneficial for freelancers who don’t need a space for work but still need the benefits a physical address would provide. If you are a freelancer looking to slowly expand your business and need a business address for professionalism, this is a great pick.

International Companies

Are you looking to set up your business overseas or in multiple locations? Virtual offices are the perfect solution for you. They can help you situate your business in more than one location without you needing to be physically present.

How Office Hub Can Help

Looking for a virtual office? Office Hub can help. With coworking spaces located all around the world, it has become much easier for businesses to work from anywhere they want, when they want. Our virtual offices in undefined can cost you anywhere from $NaN per month, depending on the office address and how premium you need it to be, along with the services you want to opt for. So, what are you waiting for? Call us, or drop a message. We can guide you through the thousands of virtual office listings we have available to help you meet your match!
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Virtual Office