How to make a virtual office work for your business
Running a business comes with its own set of complications and challenges that you, as a business owner, need to be able to navigate and negotiate. One of the biggest challenges that business-owners face is managing costs, both when you’re starting out and also when you’re expanding – both nationally and internationally. That said, managing your business well has the benefit of ensuring good output and happy workers. It’s vital that as a business owner that you strike the right balance between spending and saving so that you don’t over-commit to something that may be a drain on your cash flow.
For many small businesses or startups, it’s vital to establish yourself with the right kind of credibility so that your clients take you seriously. Without committed clients it can be tough to grow your business. Plus, as anyone who has ever been part of a startup knows – it can be hard to meet with clients or do business if you’re working out of a garage! But how do you get the esteem of having a good business address without spending the money associated with setting up a bricks and mortar office?
Of late, the answer has come in the form of the virtual – the virtual office that is. Since the internet has made doing business a whole lot easier there has been a whole new way of doing things and working that has sprung up to meet demand. A virtual office equips you with all of the key elements that a business needs – such as a phone number, address, meeting space, receptionist and offices (if required – on demand); without having to commit to a lengthy lease for your business. But how do you make a virtual office work for your business? Especially if you haven’t worked in this sort of space before… Let’s take a look!
A key part of having a virtual office is that you have the flexibility of being able to use the space when and how you need to. If you’re expanding into a new location – like Hong Kong for example – then a virtual office is going to be absolutely perfect for you when you need to have a business address in order to be able to register a company. Take a look at the options from Servcorp here: http://www.servcorp.com.hk/en/.
You have a virtual office, which means that the staff you have working for you won’t have a desk in the space. Instead you’ll be able to take full advantage of the lower cost alternative of having your staff work remotely! Working remotely is something that more and more companies are taking advantage of now, given the availability of tools like Skype and G-Chat, as well as messaging services like Slack for staying in touch. Make sure that you set clear guidelines for your remote staff and you’re sure to enjoy success with your business.
Appreciate the value of a virtual office and invest the saved money elsewhere
Be sure to take advantage of saving money with a virtual office space and spend your money on other things that will grow your business. After all, the benefits of using a virtual office space are such that you don’t have to commit to an expensive lease, so that you can channel your cash to other avenues. Take full advantage of this and watch your business grow.
Don’t forget that a virtual office is the best way to get the esteem of a bricks and mortar office without having to commit to a lease – so use this to your advantage, especially when you’re looking to expand your business interstate or internationally.
How to make a virtual office work for your business first appeared on Mompreneur Media