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/Benefits of Investing in a Virtual Office

Lower costs

One of the biggest benefits of having a virtual office space is the reduction of costs for your business. You are saving on physical office rental costs, office furniture, travel costs each day and extra utility bills. This allows you to save money and use this finance to reinvest back into your business.

Geographic Advantage

The costs which comes alongside wanting a London or Liverpool city centre serviced office space can be high for a new business, therefore a cost-effective way to get around this would be to invest in a virtual office space at a prestigious address in the heart of the city centre. This means you are able to work from home but take advantage of the benefits which come from having a premium business address in a major city.

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Liverpool L3 5TF

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Increased Productivity

Working from home gives you the added benefit of having an extra hour in the day which you would normally spend sat in the car in rush-hour traffic on your way into and back home from the office. When you own a virtual office, the time spent having to commute into work can be used more effectively and productively.

Better work-life balance

For many people it is hard to keep a steady work-life balance, but with a virtual office you are able to determine what hours you work and days that you work. You are able to spend more time with your family but also doing leisurely activities. On average a work-from-home employee has higher enthusiasm and positive outlook when working.

Talent Diversity

One restriction which comes with a physical office is the constraint of the location which you can advertise for a certain role or job within your business. With a virtual office you are able to expand the location settings when advertising for a new job role as they will also be working from home and do not need to live close to where the ‘office’ is.

Professional, Credible, Legitimate

Using a personal mobile phone number and home address compared to an office phone number and a physical business office address, could mean that you might not give out the most professional image to your customers. A virtual office space means you can increase your credibility, professionalism and legitimacy to make your business more approachable.

Work from anywhere

The obvious benefit from working from home is that you actually get to work from home, but as long as you have all your equipment which you need you are able to work from literally anywhere. A virtual office space is ideal for anyone wanting to work remotely.

Environmentally Friendly

Having a virtual office compared to a physical office space can be much more environmentally friendly as your main source of communications between each other will be via email, which will save on printing costs and use less paper. Working with a virtual office will also allow you to save on commute time but also save on fuel costs and fuel consumption.

Larger talent pool

A virtual office allows you to hire the best talent regardless of where they are located. You can also hire more without needing to relocate to bigger premises. This gives you a much larger talent pool to hire the best talent and help your business thrive without the extra costs of relocating to a bigger premise when your business needs to grow and expand.

Easy expansion

A virtual office allows you to expand your business without needing to move to a larger office. This is a lower cost and stress-free alternative to traditional expansion which requires relocating to a larger office.

No long-term commitments

When you invest in a virtual office most of the time your payment will be a month-on-month payment scheme. This will allow your business to not be tied down by any long-term contracts which reduces risk as you only pay for your virtual office for as long as you need one.

Business support

Virtual office spaces normally come as part of a package deal, this means most of your business admin e.g phone handling and mail service is taken care of for you. There is also an added benefit of being able to use on-site meeting rooms, workspaces and car parking.

Save money on technology

BYOT – Bring your own technology, has slowly made its way into the business world. The benefits to this new idea are how ideal it is for those how prefer to use a certain type of technology or brand, but this means they only have to upgrade when necessary.