Virtual office use is on the rise, reported the Philadelphia Iquirer last week. Given the tight conditions many businesses are finding themselves in, this is no surprise. A virtual office offers businesses all of the trappings of a full-service office space, including inbound call reception, conference rooms, a business address, and much more, without the often prohibitive overhead of a physical office. The article highlights American Executive Centers (AEC), an executive suite company with seven locations in Philadelphia, who said that for the first time in its 27-year history, virtual office clients were outnumbering suites tenants (550 to 375 to be exact).
While virtual offices are certainly making landlords nervous, giving potential tenants an alternative to renting space (as highlighted in the Inquirer article), the positives of the concept are enormous. Virtual offices encourage new business because they provide an affordable stepping stone for start-up and growing companies, and they allow these companies to maximize their effectiveness by keeping their overhead low. Indeed, a virtual office may be the only thing between living and dying for some organizations, as it gives them a way to stay in business while drastically cutting their spending.
Others may choose a virtual office over conventional office space not because of price, but because of convenience and practicality. Large businesses who want to set up a satellite location in a nearby city but who won't be spending enough time there to justify renting space may find that the concept fits their needs perfectly. Still others like to work from home and don't want an office at all, but just need something to make them look more professional.
The bottom line is, the virtual office is the officing solution of the 21st century, and we are excited to be on the cutting edge of the trend. It is an honor to serve so many businesses in this capacity, and we're looking forward to seeing what the future holds!
The full article can be found here: http://www.philly.com/philly/business/20100328_Rise_of_virtual_offices_cuts_into_conventional_leases.html?viewAll=y
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Even 800 answering services with RSVP services are gaining popularity as well with the onset of virtual offices.
ReplyDeleteA virtual offices space is a combination of off-site live communication and address services that allow users to reduce traditional office costs while maintaining business professionalism.
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