Benefits of A Virtual Office and Why Your Company Needs One
There are several advantages of utilizing a virtual office in London for online company bosses. If you run an online business, and you’re exploring your options, here are five fantastic reasons that might help you make up your mind.
Cost
It is no secret that hiring office space in London is expensive. Figures indicate that London is one of the priciest places in Europe to rent an office, making prime locations inaccessible for most small and medium-sized businesses. In 2020, the cost of leasing an office in the West End, for example, was over £112 per square foot. A virtual office in London is a much cheaper option.
A professional brand image
Customers want to buy from and work with brands they trust, and this is why creating a positive first impression is key. In a world where reviews count for everything, and it takes people a matter of seconds to form a judgement, it’s crucial to take steps to enhance your brand image. With a virtual office, you can take advantage of an exclusive London street address, setting the right tone with clients and establishing a reputation based on professionalism. Studies show that over 80% of consumers will only buy from brands they trust.
Flexibility
One of the most important benefits of having a virtual office space is flexibility. Businesses don’t always run according to the 9-5 model anymore, and a growing number of companies are switching to more flexible ways of working. Remote working is increasingly popular. With a virtual office, you can enjoy the best of both worlds. Your employees can work from home, but you can also get together and facilitate collaborative working as and when you need to. As a result of the pandemic, in 2020, 88% of employees worked at least one day per week at home and 76% would like to continue working remotely.
Efficiency
Managing an office often requires you to undertake tasks that distract you from other, more important jobs. If you find yourself answering calls, or your employees have to leave their desks to collect parcels, for example, a virtual office offers an efficient solution. With access to services like mail forwarding and call handling, you and your team can focus on the jobs that matter most without losing out on potential sales or missing deliveries.
Scalable solutions
When you rent an office, it is common to sign a contract, which may run for several years. With a virtual office, you don’t have to commit to long-term payments and you can modify your service package according to your needs. You can enjoy the flexibility of a tailored package that suits your requirements and your budget.
A virtual office in London offers an array of benefits for online business owners. With a virtual office, you can save money, increase efficiency, create a professional brand image, and offer your employees more flexibility.