From CoWorking Spaces to Virtual Offices, the world of office space is constantly changing and evolving. With needs and budgets varying from year to year and from one business to another, new solutions are becoming available faster than ever. In this short overview guide, we will be examining Virtual Offices, considering their use cases, costs and benefits for businesses of all sizes. If, after reading this guide, you’re still not sure if a Virtual Office is suitable for your needs, please contact us and we will be more than happy to help.
What are Virtual Offices?
A virtual office is a business solution for businesses seeking a professional corporate image whilst operating remotely. It’s a service that provides businesses (of any size) with a physical business address, mail handling and access to meeting rooms without the desk spaces and also the cost of a traditional office.
Virtual Offices are typically most popular with freelancers and start-ups as they provide an image of professionalism without the hefty cost. That said, Virtual Offices can be utilised by businesses of any size at any stage of their business journey.
Here at Love Mondays Office Space, we have clients in a wide range of sectors, in a wide range of sizes, using Virtual Offices.
When is a Virtual Office advantageous?
The key benefit of a Virtual Office is the access to a prestigious postcode without the cost or commitment of a traditional office lease. Businesses can operate using a respected mailing address without having to actually work there. An office in a commercial district in London, suitable for a rapidly growing business, can come at a large expense. A Virtual Office for a fully remote team in the same area can be just a fraction of the price. For businesses prioritising operational agility or fully remote work, Virtual Offices help to maintain credibility and relevancy.
A Virtual Office is also advantageous for businesses looking to test new locations. Before committing to a traditional lease, businesses can use a Virtual Office to analyse the interest their business receives in a new-to-them area.
How much does a Virtual Office cost?
The cost of a Virtual Office varies from city to city and also depends on the services required. Typically, a Virtual Office is paid for on a monthly basis and can cost anywhere between £100 and £300 a month. Virtual Offices in prestigious postcodes tend to be more expensive, as do Virtual Offices in more desirable cities.
Here at Love Mondays Office Space, we can help you find a Virtual Office that ticks all of your boxes. We’ve got many years of experience in the office space industry and can help you with the entire process, from research to negotiation. Whilst we can and do cover the UK, our key locations are Manchester, London, Bristol and Birmingham. To get started, simply enter your details in the form below and one of our friendly advisors will be in touch.