Having a Virtual Office means that there are no office operational costs. Because Brexit may damage our hard-won business. Because substantial currency devaluation, price rises, new taxes will impact us all. We need to keep our businesses as lean as possible.
Spend financial resources wisely on areas that will bring business. Marketing, visiting clients, product development. These are good spends. Looking after desks, chairs and light bulbs. These are bad spends. However, the virtual office provides premises, staff and presence at a low monthly cost.
Budget wisely, because premises, direct employment of office staff cannot be turned on and off at will, when business is slow.
Sitting with a spreadsheet noting all the items that imperative to the new venture on one side. Then add all the fixed items such as office, staff etc on the other side. You will see how much of burden you are adding. Don’t forget, you have to earn this extra money.
So much harder than a simple virtual office and why?
Just so that you can say you have an office. Running an office takes time and money. Don’t forget all the legislation, the upkeep etc.
Just to feel that you are an employer? Ask most employers, they would happily get rid of their employees. Not because they don’t like them. It is the work needed to employ them.
Should you wish to discuss how to set up a business, ask us. Our founders have set up several businesses over the last 40 years. They are always happy to pass on their knowledge.
Think Virtual Office as the 21st century option of having your cake and eating as much of it as possible.