What is a Virtual Office? Who it's for & Top Benefits
In this article:
What is a Virtual Office? Who it’s for & Top Benefits
Small and medium-sized businesses
Freelancers and independent professionals
Professional business presence
Disadvantages of a Virtual Office
Lack of face-to-face interaction
Difficulty in building a company culture
Limited control over the work environment
Perception of unprofessionalism
Hybrid virtual/on-site facilities access
What to ask when selecting a Virtual Office provider
Do you provide a physical business address?
How do you handle phone calls?
What is your security protocol?
How does mail scanning and mail forwarding work?
Can I use a virtual office as an alternative to a P.O. box?
Do I get a landline or phone number?
Do I get access to any physical spaces?
What to consider before getting a virtual office
Trivia: 10 famous businesses you didn’t know were fully-remote
How to know if a virtual office is right for your business
How much does a virtual office cost?
Can a virtual office provide physical office space?
How do I sign up for a virtual office?
What is the difference between serviced offices and a coworking space?
Are you tired of paying for a physical office space that you hardly ever use? Or maybe you’re just starting out and need a professional business address without the high costs of renting a traditional office? A virtual office may be the solution you’ve been looking for!
In this article, we’ll explore what a virtual office is, who it’s for, and the top benefits of this flexible and cost-effective office solution. Whether you’re a small business owner, entrepreneur, or freelancer, read on to discover how a virtual office can help you save money, boost productivity, and take your business to the next level.
What is a Virtual Office?
A virtual office is a service that provides businesses with a range of professional office solutions without the need for physical office space. It typically includes a professional business address, telephone answering service, mail forwarding, and access to meeting room facilities.
Virtual offices can be used by businesses of all sizes and types, from startups and small businesses to large corporations. They are particularly useful for entrepreneurs and remote teams who work from home or on the go and need a virtual business address and phone number to establish a credible presence.
Virtual offices are cost-effective solutions, as they allow businesses to reduce their overheads significantly, including rent, utilities, and other associated expenses. In addition, virtual offices offer flexibility and scalability, allowing businesses to adapt to changing business needs and expand to new regions without incurring additional costs.
Who Are Virtual Offices For?
A virtual office is ideal for a wide range of businesses and individuals who require a professional business presence without the need for a physical office space. Some examples of those who can benefit from a virtual office include:
Entrepreneurs and startups
Virtual offices offer a cost-effective solution for entrepreneurs and startups who need a professional business address and phone number to establish a credible presence and build trust with potential customers and partners.
Small and medium-sized businesses
Virtual offices are particularly useful for small and medium-sized businesses that do not require a full-time physical office space but still need access to professional support services such as mail forwarding, telephone answering, and meeting room facilities.
Remote teams
Virtual offices provide dedicated teams with a central location to receive mail and phone calls and access to meeting rooms when needed. This helps remote teams to maintain a professional business reputation and collaborate more effectively.
Freelancers and independent professionals
Virtual offices offer freelancers and independent professionals a professional business address and phone number to use on their business cards and website, which can help them to attract more clients and project a more professional image.
Global companies
Virtual offices are particularly useful for companies looking to expand their operations to new regions or countries, as they provide a local business address and telephone number, helping to build trust and credibility with local customers and partners.
Suggested reading: Who Uses Coworking Spaces? Top Professionals and Industries Revealed
Benefits of a Virtual Office
There are many benefits to using a virtual office for your business. Here are some of the top benefits:
Cost savings
Virtual offices are a cost-effective solution for businesses, as they eliminate the need for physical office space and associated expenses such as rent, utilities, and office equipment. This can save businesses a significant amount of money, particularly for those that are just starting out.
Flexibility
Virtual offices offer businesses flexibility in terms of location and working hours. Employees can work from anywhere, and businesses can expand to new regions without the need to set up a physical office.
Enhanced productivity
Virtual offices can improve productivity by providing employees with the flexibility to work from anywhere, reducing the time and expense of commuting. Virtual offices can also provide administrative support, freeing up employees to focus on their core responsibilities.
Improved work-life balance
Virtual offices can help employees to achieve a better work-life balance by providing the flexibility to work from home or on the go, reducing the time and expense of commuting.
Professional business presence
Virtual offices provide businesses with a professional business address and phone number, helping to establish a credible presence and build trust with potential customers and partners.
Access to support services
Virtual offices provide businesses with access to a range of support services such as mail forwarding, telephone answering, and meeting room facilities, without the need for a physical office space.
Overall, virtual offices offer businesses a cost-effective, flexible, and scalable solution to their office needs, allowing them to focus on their core business activities while enjoying the benefits of a professional business presence.
Suggested reading: 14 Benefits of Coworking Spaces
Disadvantages of a Virtual Office
While virtual offices offer many advantages for businesses, there are also some potential disadvantages to consider. Here are some of the most common disadvantages:
Lack of face-to-face interaction
One of the main disadvantages of virtual offices is that they can limit face-to-face interaction among employees, which can impact team cohesion and communication.
Dependence on technology
Virtual offices rely heavily on technology, and technical issues can cause delays and disruptions to business operations. This can be particularly challenging for businesses with limited technical expertise.
Difficulty in building a company culture
It can be challenging to build a strong company culture when employees are dispersed in different locations and do not interact face-to-face regularly.
Potential for isolation
Virtual offices can be isolating for employees who work remotely, leading to feelings of disconnection and loneliness.
Limited control over the work environment
With a virtual office, businesses have limited control over the work environment of their employees, which can impact productivity and efficiency.
Perception of unprofessionalism
Some potential customers or partners may view a business that uses a virtual office as less professional or less credible than a business with a physical office space.
Overall, while virtual offices offer many advantages, they may not be the perfect solution for all types of businesses, and it is important to carefully consider the potential disadvantages before making a decision.
Types of Virtual Offices
Virtual offices have become an increasingly popular option for businesses looking for flexibility and cost savings. There are several types of virtual offices, each offering different benefits and services to meet the needs of different businesses. In this article, we’ll explore four common types of virtual offices: address-only, virtual receptionist services, mail forwarding and scanning, and hybrid virtual/on-site facilities access.
Address only
Address-only virtual offices provide businesses with a professional business address that can be used on company stationary, websites, and marketing materials. This option is ideal for businesses that do not require a physical office space but want to establish a professional presence in a specific location. It is also useful for businesses that work remotely or from home and want to maintain a level of privacy by using virtual office address for business purposes.
Virtual receptionist services
Virtual receptionist services are another popular type of virtual office. This service provides businesses with a dedicated receptionist who can answer calls, take messages, and forward important information to the appropriate person or department. This option is ideal for businesses that want to maintain a professional image but do not have the resources or need for a full-time receptionist.
Mail forwarding and scanning
Mail forwarding and scanning is another popular service offered by virtual offices. This service provides businesses with a physical address where their mail can be sent – a.k.a a “virtual mailbox“. The virtual office provider will then scan and forward important documents to the business owner or designated person. This is useful for businesses that require a physical mailing address but do not want to deal with the hassle of managing physical mail.
Hybrid virtual/on-site facilities access
Hybrid virtual/on-site facilities access is the most comprehensive type of virtual office. This option provides businesses with access to physical office space and facilities on an as-needed basis, while still maintaining the flexibility and cost savings of a virtual office. This is useful for businesses that need occasional access to meeting rooms, conference rooms, or other physical spaces but do not want the expense of maintaining a full-time physical office.
What to ask when selecting a Virtual Office provider
When selecting a Virtual Office provider, there are several questions you may want to ask to ensure that they are the right fit for your business. Here are some important questions to consider:
What services do you offer?
This will help you to understand the range of services that the Virtual Office provider can offer your business, and if they can meet your specific needs.
What are the costs?
You will want to understand the pricing structure and avoid the overhead costs associated with the Virtual Office services.
Can I customise my package?
It’s important to know if you can tailor the Virtual Office services to meet your business’s unique requirements, and if so, what the process and cost will be.
Do you provide a physical business address?
If you need a physical business address for mail and package handling, make sure that the Virtual Office provider offers this service.
How do you handle phone calls?
Understand how incoming phone calls are answered and what the Virtual Office provider’s protocols are for handling customer inquiries.
What is your availability?
Determine the provider’s hours of operation and their response time to your inquiries and support requests.
What is your security protocol?
Make sure that the Virtual Office provider has appropriate security measures in place to protect your business’s confidential information.
By asking these questions, you can select a Virtual Office provider that can meet your business needs and provide the necessary support to help your business grow and succeed.
How does mail scanning and mail forwarding work?
Mail scanning and mail forwarding are two popular services offered by Virtual Office providers that can help businesses manage their mail more efficiently. Here’s how they work:
Mail Scanning
With mail scanning, the Virtual Office provider receives your business’s mail at their physical address. They then scan the envelope or package and upload the image to a secure online portal, where you can view and manage your mail remotely. You can then decide if you want the Virtual Office provider to open and scan the contents of the mail, forward the mail to a designated address, or shred and discard the mail. This service is particularly useful for businesses that are frequently on the move or have employees who work remotely, as it allows them to stay on top of their mail no matter where they are.
Mail Forwarding
With mail forwarding, the Virtual Office provider receives your business’s mail at their physical address and then forwards it to a designated address on your behalf. This service is particularly useful for businesses that have a physical address in a different location from their primary business operations or that need to receive mail at multiple physical locations. The Virtual Office provider can also consolidate your mail and forward it to you on a regular basis to reduce the number of individual mail pieces and streamline the forwarding process.
In both cases, the Virtual Office provider will handle your mail with care and ensure that it is processed in a timely and secure manner. By outsourcing your mail management to a Virtual Office provider, you can save time, reduce costs, and improve your business’s overall efficiency.
Can I use a virtual office as an alternative to a P.O. box?
Yes, you can use a Virtual Office as an alternative to a P.O. Box. In fact, a Virtual Office can offer several advantages over a P.O. Box for your business.
While a P.O. Box can provide a physical mailing address for your business, it does not offer additional services such as mail scanning or mail forwarding, which are often available with a Virtual Office. With a Virtual Office, you can have your mail and packages delivered to a physical address, which can help to give your business a more professional image.
Overall, a Virtual Office can offer a more comprehensive solution for your business’s needs than a P.O. Box alone, and can help to improve your business’s image and efficiency.
Do I get a landline or phone number?
Yes, Virtual Office providers typically offer a landline or phone number as part of their service package. This phone number can be used for your business to receive incoming calls, and it can be answered by a live receptionist or routed to voicemail as per your instructions.
Depending on the Virtual Office provider, you may be able to choose your phone number or select from a range of available numbers. Some providers may also offer additional features such as call forwarding or call screening to help you manage your calls more efficiently.
Having a dedicated phone number for your business can help to create a more professional image and ensure that your customers can easily reach you. Additionally, it can help to keep your personal and business calls separate, which can be particularly useful if you work from home or have a small office space.
Do I get access to any physical spaces?
Yes, Mobo Co offers access to physical spaces such as meeting rooms, conference rooms, or coworking spaces as part of our service package. This can be particularly useful if you need to host meetings with clients or partners or if you need a temporary workspace outside of your home or primary office location.
Depending on the provider, you may be able to reserve these spaces on-demand or on a regular basis, and you may have access to a range of amenities such as high-speed internet, printing and scanning services, and refreshments.
What to consider before getting a virtual office
Before getting a virtual office, there are several factors you should consider to ensure that it is the right choice for your business needs. Here are some key things to consider:
Business requirements
Consider your business’s specific requirements, such as the need for a professional address, phone answering services, or access to physical meeting spaces.
Budget
Determine how much you are willing to spend on a virtual office service, and consider any additional costs such as setup fees, mail forwarding fees, or meeting room rental fees.
Location
Consider the location of the virtual office and whether it is in a convenient and desirable area for your business needs. Additionally, check whether the virtual office offers local phone numbers or business addresses that align with your target market.
Provider reputation
Research the reputation of the virtual office provider and read reviews from other customers to ensure that they are reliable and trustworthy.
Service offerings
Check the service offerings of the virtual office provider to ensure that they align with your business needs. Look for additional services such as mail scanning and forwarding, live receptionist services, and access to meeting spaces.
By carefully considering these factors, you can determine whether a virtual office is the right choice for your business needs, and select a provider that can meet your specific requirements and budget.
Trivia: 10 famous businesses you didn’t know were fully-remote
In recent years, the trend towards remote work has grown rapidly, with more and more companies embracing the benefits of a fully-remote workforce. While many of us are familiar with the concept of remote work, you may be surprised to learn that some of the world’s most successful businesses operate entirely remotely. In this trivia, we will explore 10 famous businesses you may not have known were fully-remote, and how they have leveraged this model to achieve success.
- Automattic, the company behind the popular website platform WordPress, has been fully-remote since its inception in 2005, with employees working from over 70 countries around the world.
- GitLab, a web-based Git repository manager and collaboration tool, has been a fully-remote company since 2011, with over 1,300 employees working from 67 countries.
- Zapier, a workflow automation tool, has been fully-remote since it was founded in 2011, with over 300 employees working from locations around the world.
- Buffer, a social media management platform, has been fully-remote since 2012, with over 80 employees working from 15 different countries.
- InVision, a digital product design platform, has been fully-remote since 2018, with over 800 employees working from 50 countries.
- GitBook, a documentation platform, has been fully-remote since it was founded in 2014, with over 40 employees working from around the world.
- Help Scout, a customer support platform, has been fully-remote since 2011, with over 100 employees working from locations across the globe.
- Toggl, a time tracking and productivity tool, has been fully-remote since its founding in 2006, with over 80 employees working from 30 different countries.
- Ghost, a popular blogging platform, has been fully-remote since 2013, with over 80 employees working from locations around the world.
- Doist, the company behind the productivity tool Todoist and the communication tool Twist, has been fully-remote since its founding in 2007, with over 80 employees working from 30 different countries.
How to know if a virtual office is right for your business
To determine if a virtual office is worth it for your business, it is important to carefully consider your business goals and needs, evaluate the potential virtual office benefits and disadvantages, and weigh the costs and benefits against your budget and other options available to you. You may also want to research and compare different virtual office providers to find one that offers the features and services that best suit your business. Ultimately, the decision of whether or not a virtual office is worth it for your business will depend on your unique circumstances and goals.
If you want to try working in a virtual office, you might want to take a look at Mobo Co in South Bank/Brisbane, Australia. It is a co-working space virtual office that provides businesses with the benefits of a traditional office but with luxury amenities.
Virtual Office FAQs
How much does a virtual office cost?
The cost of a virtual office can vary depending on the provider and the services included. Generally, a virtual office can cost anywhere from a few hundred to a few thousand dollars per year, depending on the location and services offered. Check out this blog to learn more: How Much Does Coworking Cost In Brisbane?
Can a virtual office provide physical office space?
Some virtual office providers offer access to physical office spaces, such as meeting rooms or coworking spaces, for an additional fee. However, a virtual office typically does not provide a dedicated physical office space for businesses to work from on a regular basis. If you want to check out this coworking space in South Bank/Brisbane, enquire now and book a tour.
How do I sign up for a virtual office?
You can sign up by choosing any of the three virtual office packages offered by Mobo Co.
What is the difference between serviced offices and a coworking space?
A serviced office is a fully furnished private office space with amenities and services included, while a coworking space is a shared workspace where individuals and businesses can work alongside each other. Serviced offices offer more privacy and personalised space, while coworking spaces offer a more collaborative and community-oriented environment. Click here to learn more: Serviced Offices vs. Coworking Spaces.