Working from home is quickly becoming a popular option for many businesses. In fact, two-thirds of managers, when surveyed, say that employees who work from home have increased productivity overall. This makes it beneficial for both business owners and employees. Below, we have some other surprising benefits that you may not know about.
The Benefits of Virtual Office Rentals
A virtual office rental short term lease is perfect for both large and small companies looking for an affordable way to expand their business. Because there is no long lease or commitment, businesses can enjoy a greater level of flexibility which they can customize to fit their needs. When you rent a virtual office here are some of the things you can expect:
- Affordability: Virtual office rental short term leases are more affordable than renting a physical location or purchasing your own office complex. Virtual spaces like this can also help lower costs because you won’t have to worry about furnishing your office space. This means you won’t have to invest in desks, office equipment, phone lines, or installing internet for the building. For businesses just starting out, this can be exceptionally beneficial as it allows them to make the most of their profits without losing out on the high cost of rent. For larger businesses, virtual office rental short term leases allow for continued growth without tying up too much revenue.
- Access to International Talent: Another benefit of virtual offices is that you can take advantage of international talent without needing that employee to be on site. This allows you to broaden your hiring scope and seek out the best of the best regardless of location. Hiring from other locations also allows businesses to take advantage of being able to stay available to customers in many different time zones. For instance, if your primary location operates in Eastern Time, you could risk being unavailable to customers who live on the West Coast. However, by hiring representatives who can operate in that time zone you can ensure that customers on that side of the country can contact your business at a time that suits them.
- Increased Productivity: As mentioned above, virtual offices can also increase productivity for all employees. This is due in large part to the fact that employees can operate in a location that is comfortable for them, without needing to tackle a long commute every morning. Furthermore, because you will be able to monitor everyone’s work independently, you’ll be able to see which employees are excelling and which ones are falling behind more readily. This allows you to weed out employees who are not adhering to the standards of your company while also being able to reward those who are. Ultimately, this allows you to create a more productive work base that can improve your business and foster a greater sense of employee loyalty.
- Packages for Every Business: Virtual office services often offer specialized packages to help companies customize their rentals. This means that businesses get access to virtual office spaces, technology, and support. Services can also offer a unique address with mail forwarding services and either live or automated reception. This can allow your business to reap both the benefits of a physical and virtual workspace. For this reason, many entrepreneurs are choosing to invest in a virtual space as opposed to a physical one.
If you are a business looking to take advantage of the benefits that a virtual office rental short term lease can offer, reach out to Stat International today to learn more about the packages and deals they can provide to you and your business.