A virtual office an office space in all external respects, but with no room for real-life people. It is rented by businesses to maintain a recognised city-centre image.
Director of Glasgowmailingaddress, has been operating his
business from the UK. However, he did not invest anything there but still has
an office space, a receptionist who receives all telephone calls and an
accountant who manages all his books of accounts. All this is possible thanks
to the virtual office services that he has opted for.
A virtual office is exactly that - an office space in all
external respects with no room for real- life people. It is rented by
businesses in order to maintain a respectable and recognised city centre image.
In many cases, this will only be a managed post box, where mails
are delivered.
In some cases, a virtual office can include many more features
and services. Service charges are levied based on the kind of services opted
for by the customers, which include a receptionist, an accountant, a virtual
mail forwarding system, a meeting room and other infrastructure.
According to Pankaj Kapoor, managing director of, Liases Foras, a
premier real estate research firm, many start-up companies can hardly afford
the extra expense of leasing and running an office.
"A freelance worker or sole trader might be more than happy
working from home and carrying out all the business from a spare room. But for
some companies, keeping up appearances is essential to project themselves as
being professional to their clients and customers," he said.
In such cases, companies need an office space as their base.
However, if it is only for one or two staff, then the expense needs to be kept
to a minimum. "There are many ways to create a balance between what's
professional and what's practical, but one option that has been gaining
popularity in recent years is the virtual office," he said.
Mishra said that he manages his overseas operations at a quarter
of the cost of normal operations. "To set up a 1,000 sq-ft office space
with the infrastructure it would cost me between 100,000 and 150,000, but by
availing the services of professional agencies that have their systems in
place, I get it done for less than 25,000," he said. More about Business Address
Payments to an accountant, receptionist and lawyer are billed by
the hour. "By renting a basic virtual office for a simple monthly fee, a
company can have access to a telephone answering system set to a number of
their choice," Mishra pointed out.
According to Madhusudan Thakur, country head of Regus, a company
which provides virtual office services in India and overseas, a virtual office
can undertake administrative tasks, such as answering telephone calls,
photocopying documents and handling printing projects, besides offering the
company a chance to expand at a fast pace.
"However, it is generally preferred by companies that are
venturing into a relatively unknown market and do not take chances in investing
a huge sum of money before testing the waters there," he said.
With the increase in real estate prices, opting for virtual
offices is a good alternative. "Expenses towards virtual office space
services account for 10 to 12 per cent of our revenues. We expect very good
response to this segment in the near future as well," he added.
web: https://glasgowmailingaddress.co.uk
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https://moztw.hackpad.tw/Do-I-need-an-office-for-my-online-business-NxL1QPOrTeq
https://www.reddit.com/user/Accomplished-Dark674/comments/t15uoz/how_much_is_a_virtual_address/
https://telegra.ph/Is-starting-a-virtual-office-business-a-good-idea-02-25
https://anotepad.com/note/read/ncdt85n6
https://docs.google.com/document/d/16WP8xG0NNTgQ0-wL_iSeEjZco3RpR8RBsMLzYhpuGwk/edit?usp=sharing
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