One of the most important decisions you will make as a new business owner is where you will establish your office. In today’s Internet age, you have the option of a physical address as well as a virtual office. There are certainly many factors that should be taken into consideration when choosing between various options, including furnishings and equipment, location, utility costs, rental costs and other service fees. Even established business owners today are keenly aware of the numerous expenses involved in setting up a business location. Not only are there the regular monthly costs to be considered, but you must also consider the expenses that can be incurred if something should need to be repaired or replaced. This is precisely why many business owners find themselves struggling between the choice of a virtual office or serviced office. There are many benefits to choosing either option. Ultimately; however, many business owners discover that a serviced office provides far more benefits at a lower cost than a simple virtual office.
One of the most readily apparent benefits of a serviced office is that you will be renting office space that is actually managed by a professional company. The lease terms for serviced offices are typically quite flexible, allowing you to rent your office for a short period of time. Many serviced offices can be rented for as little time as three months. At the end of the lease term you can then choose whether you wish to continue the lease, end the lease or perhaps even upgrade to more space.
Additionally, when leasing a serviced office you can gain the peace of mind that comes will knowing that everything you need for your business to be fully operational will be included. This not only includes all office equipment and furniture, but also receptionist services if you should need them. This is something that you will not be able to benefit from with only a virtual office. Furthermore, shared office facilities also allow you the benefit of shared facilities such as conference rooms and meeting rooms. While you might not need such facilities on a daily basis, it can certainly be nice to know that as your business grows and you do need such facilities they will be readily available to you.
A virtual office may offer a number of benefits as well; however, with a virtual office you cannot benefit from the key benefit of having a physical building where you can actually meet with clients. In today’s business world, image and reputation are everything. A virtual office is just what is implied by the name. In order to compete and succeed in a highly competitive marketplace, a serviced office provides you with everything you need to position your business for growth and success.