Save Money on Office Rent
This is particularly applicable to small businesses that are just starting out and, thus, don't have that much money to invest in leasing office space. A virtual office allows you to use the power of the Internet and your own home as a base from which you can conduct your small business operations. This will save you money because you won't have to rent space for your small business, and it might also help you qualify for certain tax breaks. These tax breaks may be available to people for using their own homes as a base for business.
Overcome Limitations to Hiring Employees
If you work out of a traditional small business setup--which includes hiring people face-to-face to work at a physical location--you could be missing out on talented workers who are separated from you by geography. However, with a virtual office, you can hire an employee remotely because you can utilize web conferencing tools and the like to make him a part of your team. The tools you have in your virtual office can help make this a reality. The tools include solid phone setups, intranets and additional linkups. Suppose that you're in one city, yet you've found a great sales representative in another one. A virtual office and web conferencing tools can make distance a non-issue.
Save Money on Transportation Costs
The price of gas is still on an ever-upward rise, which is why using a virtual office for your small business isn't just smart, but will also save you further costs. Working from a virtual office obviously means that you won't have to do any commuting, because you're telecommuting from home. So you won't have to spend nearly as much money on gas as you would driving to a physical location from which you would be managing your small business on a daily basis. Since a small business, particularly one that's just been established, doesn't have an especially big budget, having a virtual office is vital to cutting down on costs.
These are the three ways that you can decide if a virtual office is the right choice for your small business. The two big benefits to using a virtual office if you're a small business owner are the cost savings and the ability to get around location-based hiring. If these are important to you, then you may want to consider a virtual office for your small business.