Valuing Virtual – Why More Businesses Are Using a Virtual Office

Working remotely definitely has its advantages. Having autonomy over their own time is one of the main advantages, in addition to being your own office manager and supervisor. However, while there are other advantages, nothing takes the place of spending an hour or two in the company of the boss and colleagues.

If you work remotely, there are few, if any, opportunities to engage this way unless you work through a virtual office. A virtual office is much like its name says. It functions primarily online, but typical virtual office plans allow your business the use of physical office space. More businesses today are adopting this office style for a number of reasons.

For reasons as to why the virtual office is becoming the go-to in office space, please read the information below.

Affordability

 

The virtual office leases the use of space to businesses, except instead of renting the office for the entire month, professionals can reserve meeting rooms, conference rooms, and private offices on an as-needed basis. Additionally, the professional benefits from some of the best IT services. As opposed to traditional leases where you have to pay for the rent and utilities on an office space, the virtual office only requires the use of rooms, which is much more affordable than conventional leasing. Servcorp virtual offices in Malaysia are one of the more popular leasing companies that provide businesses with this affordability.

 

Flexible Leasing

Businesses also favour the virtual office because its low overhead, uncomplicated plan allows for more flexibility. With the virtual office, you can essentially work from any location in the world and with ease. In fact, those testing new markets might find it easier to work remotely and to use the meeting and conference room functionality, which is a much better option than other leasing plans.

Commute

For those used to making the crawl into and out of the city every day, the virtual office eliminates the need for the daily freeway drama. Because you do not drive to the office every day, you save a lot of money in gas and preserve your vehicle. Additionally, the daily commute into and out of the city can expend at least two hours of your time, depending on the location, time that can be used doing something enjoyable.

Leasing Terms

Typically, a conventional lease would ask you to commit to at least a year, which can be messy and expensive if you have to break your lease. Virtual office leasing does not require you commit to a protracted lease. In fact, many of these leases only ask you to commit to only a month, which allows you the flexibility of moving on if your location does not work out.

Scalability

 

Right now, your businesses do not need the benefit of a physical space. However, some time down the line, you might find you need more space. The virtual office lease can easily be modified to fit out your business with a space that more appropriately addresses the needs of your business.

Location

 

For many professionals, location is integral to the success of their business. However, offices that sit off some of the major districts also are very expensive, and in many cases unaffordable. Businesses find the virtual office attractive because these offices are in prestigious areas, namely central business districts. Businesses that would not have access to these locations now do because of the affordability of the virtual office.

Downsizing for Growth

 

The virtual office has completely changed the way millennials function in an office setting. Advances in technology have made remote work a reality for many professionals and a solution for many businesses. With the virtual office, though, businesses don’t have to miss out on the important parts of work as virtual reality has moved the physical location to an online space.