The popularity of working from home has seen the rise in popularity of remote working solutions – namely ways to ensure the employees are even more productive away from the office. One of these remote working solutions is a virtual office.
Virtual offices are an alternative to traditional business spaces, giving you access to technology, and often even some physical space, without the overheads that go along with owning and operating your own office property.
If you’re wondering whether virtual offices are for you, keep reading to get a better sense of some of the benefits they offer.
Access to a Worldwide Talent Pool
When you have a fixed, in-person office, you can only hire people who live in the area or those who are able and willing to commute to the area. However, a virtual office allows you to hire internationally, so you can draw from a wider talent pool. Unlike in-person work, they do not have to visit the office in person, so you’re not constrained during the hiring process.
Additionally, you can create virtual offices as soon as you have a need. For example, if a major client determines they need an in-person point of contact in their city, you can hire and train one or two people to do the job. You don’t have to worry about having to figure out logistics from another state or country, making things easier for you.
You Have a Prestigious Business Address
Even if you’re working from home, a physical business address is a must. Shifting from a brick-and-mortar office means you can get a premium virtual office address without the additional costs that would go along with having a physical office in that location. If you can’t afford high street prices, don’t worry – you don’t have to!
An office address can have several benefits, including helping you curate the right impression for your clients and providing you with a physical address to which you can have important mail sent. Additionally, many virtual office addresses also provide businesses with access to meeting rooms in case they ever need to host an in-person meeting.
As discussed, virtual offices mean you have lower overhead costs. You don’t have to worry about spending on rent, equipment, or electricity. While you will likely have some “overhead” costs – especially if you’re working from a coffee shop – they’ll be nowhere near as high as they were in a physical office.
With a virtual office, your employees are no longer wasting time and energy on a long commute. Additionally, you won’t be monitoring them anymore – which means you can easily determine which employees are effective at their roles and who were only succeeding because of constant supervision.
You can build a team that can work efficiently with limited supervision by weeding out employees who need continual attention. They’ll be more productive because you won’t be spending a part of the day talking to them, and turnover should decrease as well, as the lack of commute will make employees happier.
Virtual offices are one of the top remote-working innovations today. They help businesses transition to more effective, less expensive methods of working. They are a great option if your company or team isn’t involved in a customer-facing role.