This is a hot topic – with the growing use of virtual offices it’s important to understand their benefits. But exactly who do they benefit; the new tech start-ups, or is it possible that every business can stand to benefit from virtual office space? Let’s find out! What are Virtual Offices? A good...
This is a hot topic – with the growing use of virtual offices it’s important to understand their benefits. But exactly who do they benefit; the new tech start-ups, or is it possible that every business can stand to benefit from virtual office space? Let’s find out!
What are Virtual Offices?
A good starting point is unpacking what virtual offices are since they’re a relatively new concept. Brick-and-mortar businesses previously had an advantage over their digital counterparts because they come across as more official and stable. To own property showed that you weren’t a scam or not stable enough to do business.
But that hurts digital businesses – why should they suffer just because they thrive in the virtual space? And thus, the idea of virtual offices came into being. The physical roots that ground a digital business. Sometimes you don’t need an actual place to come and work. You may only need a business centre to meet at, or to have deliveries sent to. Our prestigious Umhlanga and Musgrave addresses look fantastic on any meeting request or business card!
How Virtual Offices Suit Tech Start-Ups
Undoubtedly, virtual offices do help tech start-ups. In some ways, the two have evolved and grown together – hand-in-hand. With start-ups, it’s a race to be viewed as legitimate to garner investor interest and consumer awareness. That is a difficult task when working from home or coffee shop-hopping. Banks might require a physical address to qualify for assistance, which doesn’t compute in the world of remote working.
While the world lagged behind the fast-paced tech start-ups, virtual offices filled the gap. Start-ups moved from being purely virtual to having a tangible, physical presence. This made it easier for them to conform to some of the old-school requirements of doing business.
This isn’t to say virtual offices will disappear if and when the world catches up. Start-ups are often sole proprietors or small teams that spread themselves thin operationally. Our virtual office service includes a trained receptionist who can help with trivial tasks. We’ll handle the phone messages and courier deliveries, so that you have more bandwidth to focus on growth.
What Virtual Offices Offer to Everyone Else
You may have already been thinking it – these benefits aren’t unique to tech start-ups. Granted, the majority of tech start-ups fit that description, but it also describes many other small to medium businesses.
Agreements That Work for You
If COVID-19 has taught us anything, it’s that owning property and long-term agreements are risky. Not knowing what the future holds means business agility is key to navigating troublesome times. The benefit of virtual offices is that agreements can be much shorter and are tailored to your needs.
Professional Meeting Areas
Not everything is strictly virtual, there are times when you need a venue for in-person meetings too. You can always count on our meeting spaces to cater for your needs. Compatibility issues are a thing of the past, you only need to focus on the meeting itself! We build our facilities to be welcoming and professional so that you feel proud to bring clients on-site.
Keeping Expenses on Track
Though it may seem small, we also offer itemised billing. The reason why this is noteworthy is that it makes an immense difference in keeping profitability on track. Say, for example, there was a certain benefit that we offer that you thought would be crucial to your business. You’ll keep track of the value you’re getting by seeing it as a line item on our invoice. If you decided it wasn’t working for you, we can make an adjustment to suit you better. This way, we’re helping you only pay for what’s actually helping your business.
Virtual offices most certainly benefit tech start-ups, since they help provide legitimacy and “physical roots” to a digital business. But these benefits aren’t limited to just tech start-ups! Virtual offices have a range of benefits that help businesses of all sizes and from all industries profit.
Interested in finding out more about the virtual office services that we provide, or keen on giving it a try? Let’s talk!