Looking to expand to a different market? Or are you in the middle of restructuring your business? Setting up a virtual office looks like the answer for you. With more businesses switching to digital platforms everyday, having a virtual office for your business has its many advantages. Companies are adopting flexible schedules and hybrid or remote work models as the new norm. Employers have found that employees can be productive at home. On the other hand, employees know the convenience of a remote lifestyle. Between childcare and other appointments, people are able to do their job and tend to their personal life with a good balance.
Remote work is here to stay. What better way to stay connected than with your very own branded virtual office?
As companies figure out a new structure and adapt new work models, designing a virtual office is a must. Not only will it help you manage meetings but it will also create a seamless way to connect with employees and clients. Here are the benefits of setting up a virtual headquarters for your business and why you need to start ASAP.
A virtual office brings increased flexibility for employees. Having a virtual office enables employees to log in from the comfort of their homes to work on projects and other tasks at their convenience. After a year of working from home, everyone has adapted to a different kind of lifestyle and employers want to keep their employees happy. Being flexible and open is the best way to do that. There are so many life issues that can come up and having the option to log on virtually or take meetings from anywhere can reduce stress and improve the overall productivity of employees.
When employees have the flexibility to log on from anywhere, they can balance their work and their personal life. Additionally, imagine all the hours saved from long commutes and the ability to join a meeting after a personal appointment that your employee might otherwise have to schedule time off for. By designing remote and flexible schedules you can boost motivation and help your employees manage their work in a balanced environment. Employees will feel less stressed about their work and will be more productive overall.
Having a virtual office gives you the opportunity to hire global talent. You will be able to interview many different employees from all over the country or even the world. This means you can source unique talent with the skills you are looking for that might not be found where you are. Hiring the right talent is important and being able to widen your reach will give you the opportunity to source the best for your firm. Additionally, having access to global talent is a great opportunity for your business to expand and set up shop in another country.
Since you’re not physically in an office, a virtual office will give you the ability to have one location to get all your mail and other documents making it look like you have a physical location. Your business will also have the advantage of a mutual location without giving away your private information such as your home address.
Not having a physical office is also beneficial for the environment. Virtual offices help the environment starting from your employee's commute. Not only will there be fewer carbon emissions from eliminating everyday commutes but everything is done online which reduces the use of paper and other products that further impact the environment. As companies continue to strive to be environmentally responsible, this is an easy and convenient way to start.
Yes, you read this right! According to Business Wire, companies spend around 15% - 46% on office rent. Having a virtual office reduces your overall overhead costs. Therefore you spend less and reduce your costs over time. While you still have an “office” to conduct meetings, a virtual office provides the perk of no rent. Additionally you will also save on other expenses such as utilities, snacks and more. The money you save can be used on other aspects of the business that needs investing to boost revenue.
Everyone likes things to be easy. The good news is, setting up a virtual office is easy and quick to have ready. When you want to close up shop, it's easy to even shut down without any additional costs or expenses.
Opening up new offices can often cost a lot of money without the guarantee of success. A major advantage of a virtual office is that you can expand without the costs that come with moving to a bigger space. Also, if you want to tap into the global market or expand to other states, you can do so with cost efficiency. If the office fails in a particular market, you can shut it down without a big financial loss.
While virtual offices have become increasingly popular with smaller companies and start-ups, having a virtual office has proven to be extremely beneficial and convenient companies of all sizes. The way we work has changed drastically over the past year. It's important to continue to evolve with the changing times to keep everyone motivated and happy.
V-Unite has it's own virtual office! Check out the branded virtual office and get inspired to design your own!