3 Benefits Of Having a Virtual Office In London
If you run a business, you might think that you have to rent or buy an office, but this is not the only option. Virtual offices are becoming increasingly popular, and they can provide a fantastic alternative to leasing office space. Here are some of the most significant benefits you could enjoy with a virtual office in London.
Renting an office in London is expensive. In fact, London is one of the most expensive cities in Europe when it comes to price per square foot. A virtual office enables you to eliminate rental costs and avoid getting tied into long-term leases. Research suggests that the cost of a West End office space works out at over £112 per square foot. As well as saving money on the cost of leasing an office, businesses can also take advantage of services, which can lower administrative costs. With call handling and mail forwarding, for example, you can eliminate the cost of hiring and training a receptionist. You can also save on additional running costs, including electricity, water, and cleaning.
Working from home
More and more employees are working from home. If you’re renting a physical office, this may mean that you’re paying a vast sum in rent for space that you’re not actually using. A virtual office is an ideal solution for businesses that are keen to champion and promote flexible working. You can access meeting spaces and rooms to meet with customers or colleagues without paying to rent an office. In 2020, 88% of employees worked at least one day per week at home, and 76% of workers are keen to keep working from home once the pandemic is over. By switching to a virtual office in London, businesses can save a substantial amount of money while allowing their teams to enjoy the freedom and flexibility of home working.
Brand image and reputation
The average human being formulates a first impression within 7 seconds. As a business owner, you want to impress prospective clients from the outset, so setting the right tone is key. A virtual office in London can help you to enhance your brand image and give your business stature and prestige by providing you with an exclusive street address. You can enjoy the perks of a premium postcode without the cost.
A virtual office in London offers a raft of benefits, particularly for startups and small and medium-sized businesses. Renting an office in London can be incredibly expensive. With a virtual office, you can enjoy the benefits of a prestigious address while saving money on rent and running costs and enabling your team to work remotely. If you’re looking to cut expenses, enhance your brand image, and offer your employees flexible working options, it’s a great idea to look into a virtual office.