What is a virtual office address or virtual office space? What’s the benefit of having a virtual office in London and how do you get one? Well, I advice you read on to find out.
London is widely known as the financial centre of the UK, accommodating a large proportion of Fortune 500 companies. As well as being the most populated part of the UK, it also has the largest spending power, and for this reason it is commonly thought of as being the best business city in Europe.
All of these factors taken into consideration, having a prestigious London address for your business can reap in many benefits. For some of the 4.5 million small businesses in the UK, this may seem financially unfeasible, equally for foreign businesses who want a London presence. There is however an online substitute and that is by using a Virtual Office. As well as the obvious financial savings, there are many other ways your business can benefit from a Virtual Office. But before I dive into the advantages and probably disadvantages of having a virtual office space in London, I think it is best to tell you the definition of a virtual office.
What is a Virtual Office Space?
According to Wikipedia,
“A virtual office space in its simplest of term is a combination of off-site live communication and address services that enable users to cut down traditional office costs while maintaining business professionalism. Frequently, the term is confused with “office business centers” or “executive suites” which require a conventional lease; whereas a true virtual office does not demand such expense.”
Now What are the Benefits of Having a Virtual Office in London?
For many companies, having a prestigious address in London is a great attraction. With it brings a sense of status. For start-up companies, people who work from home, or businesses seeking a London presence, a Virtual Office London address is the perfect solution. You can create a professional and established feel for your business while still working from the comfort of your own home, including the added benefit of security. The most valuable locations for businesses are those in areas with high visibility, and which are popular and well-known within the city of London. By taking virtual office space, smaller business can boast these valuable locations, allowing them to compete with larger companies who have physical locations.
For those of you who need to meet with clients, most Virtual Office Space providers also rent out office space, either at the exact location of your virtual address or a similar location. This is particularly useful for one off or regular meetings. Renting office space for this purpose, or for whatever else you might need it for, is extremely flexible. Most providers offer an hourly, daily, weekly, or even monthly rate and some even go a step further to set up the entire network for you, giving you the ability to work as efficiently as possible; it is just like walking into a fully furnished office. Many of the good virtual office providers will have wireless internet facilities, giving you that added benefit of flexibility if you choose to work from your chosen virtual office space.
As well as benefiting from the office space and various technologies that are supported, you can have workers handling your mail, phone calls, and providing a reception service. Receptionists are specifically trained to handle calls with your company name in an efficient, professional manner. This gives your chosen virtual office the appearance of a real business and providing you with a reliable solution when it comes to communication; phone calls will never be missed, and messages will never be lost. Your calls can either be patched directly to you, or details of the caller and/or message can be sent to you via email, fax, or SMS.
Financial and Management Savings
For all companies using virtual offices, there will be huge savings regarding renting office space, and hiring staff that you don’t necessarily need; along with security deposits, furniture, insurance, technology, and much more. This can also be particularly beneficial to foreign companies seeking a London presence, who can escape all of these costs by using a virtual office in London. Most virtual office space solutions provide virtual PA services in various different countries, which can help get through any language barriers when it comes to communication.
Author Bio: Lucy Kirkness is a Marketer and Writer for Your City Office. Your City Office, a privately owned corporation based in Mayfair London, is one of the UK’s leading provider of Virtual Office and Office Space Solutions, with a variety of prestigious Virtual Office London addresses.