Popularity of virtual office solution soars over recent months24 June 2009

The virtual office solution is now well established and has been a smart way of doing business for a number of years. However recent trends indicate that the UK virtual office market has soared over the past year as businesses seek to cut costs and reach new customers and markets. This trend has been confirmed by Executive Offices Group, a leading provider of virtual offices in Central London, West London, Cambridge, Leeds and Paris. Executive Offices Group had seen a 30% increase in virtual office enquiries during Q1 of 2009 compared to the same period last year. But what exactly is a virtual office and what are the main benefits for today’s businesses?

What is a virtual office?

Whether you’re a start-up business, an established company seeking new markets or even an international organisation requiring a UK base, a virtual office could be an ideal solution. Offering all the benefits of a serviced office, just without the physical space, a virtual office is simply use of a business address with access to a wide variety of business support services including mail handling, telephone answering, hot-desking and meeting room facilities.

What are the benefits of a virtual office?

A virtual office allows you to cut costs without compromising on quality or professionalism

In these cost conscious times, many small business owners have chosen to give up traditional office space in favour of home working. While this can be an excellent cost saving exercise, it isn’t always something that businesses are keen to promote as it does suggest the potential for financial difficulty, something that every business is keen to avoid. A virtual office is the perfect solution, allowing you to present your company from an impressive business address, while physically doing the work from home. A virtual office ultimately allows entrepreneurs and small businesses to cut costs without compromising on quality or professionalism. A high quality Central London business address is available from Executive Offices Group from as little as £50 per month.

A virtual office enables you to test new territories without a large financial commitment

Similarly, a virtual office solution allows larger, more established businesses to test new markets and reach customer groups in wider territories without a large financial commitment for physical office space. In these circumstances, a virtual office allows you to present your company from an impressive business address, while doing the work from another location entirely. Virtual office packages often include a local area phone number and personalised call answering. This virtual office service is especially relevant for international companies seeking to break into foreign markets.

A virtual office can be set up almost immediately

Unlike a traditional office, the virtual office solution can be set up in as little as 1 day, meaning that you can be operational from your new business address almost immediately.

A virtual office gives you access to meeting rooms and hot-desking facilities on a pay-as-you-go basis

As well as a prestigious business address, most virtual office solutions offer direct access to a wider network or meeting rooms and high quality hot-desking facilities, meaning you pay for the relevant physical space as and when you need it rather than on a fixed basis.

Advances in technology have enabled people to work from any location making hot-desking an increasingly popular and accepted approach to work. Hot-desking enables employees to make efficient use of their time, working where they need to, when they need to.

Extra business support enables you to focus on your core business

The additional business support services that come with a virtual office leave you free to concentrate on your core business. Most virtual office packages include personalised telephone answering by dedicated receptionists on your behalf, meaning your clients receive a consistent and professional service when they contact you. Some virtual office providers go a step further, offering a range of additional support services as and when you need them. For example all Executive Offices Group business centres are managed by discreet and attentive uniformed personnel. These highly trained professionals are on hand as and when you need them, with admin support available from as little as £2.50 for 5 mins of their time.

Put simply, a virtual office offers many companies a direct means to increased company profitability. It is a smart way of doing business and more and more astute business people have recognised that in recent months.

Executive Offices Group is a leading provider of cost effective, high quality virtual offices in Central London. West London, Leeds, Cambridge and Paris.

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