These days more and more people are moving from brick-and-mortar office spaces to an online presence. There are numerous advantages to this decision. The biggest reason to do so is economical, but there are many other reasons companies are choosing to work and do business online. The internet provides a level playing field where people with innovative ideas can have equal access to markets as the multinational conglomerates. When a company doesn’t have to waste money on commuting and rent and limit themselves to a geographical area, big things can happen fast.
- Do you need to be in an Office? It is a question that companies are asking more and more. As the recent lockdowns have proven, the infrastructure to be successful without real estate is already here. Many people are much happier working from home. And nobody misses commuting or parking. With all the great software available today, people can meet and fulfill their responsibilities in an environment they chose for themselves. And the move to virtual space eliminates a lot of HR problems too.
- You Can Have an Address Anywhere: One of the most significant advantages of operating a virtual office is that you can have a presence in multiple markets. For example, if you live in Perth but want to have a virtual address in Sydney, you can have it. You can have as many addresses as you want and have mail delivered and read in each of those locations through virtual office mail services. It is often the case that clients want to deal with local companies. With a virtual address, you are just as local as the next guy. You can even arrange to have a meeting room or reception services.
- Better use of Capital and Resources: When a company moves to a virtual, rather than a physical office, resources are freed up for targeting new business. A Physical office generates a lot of costs and can use up a lot of time. If you don’t need to pay for maintenance and providing a comfortable environment, you can put that money towards promoting your business and trying out new markets.
We also must consider if having a physical office is even ethical these days. So many resources go into physical buildings, and they continue to use resources to function. The move to virtual space has been a big win for the earth. There are so many ways that moving a digital platform can be used to make a company lean and competitive.