Having a Virtual office: Its Pros and Cons

Virtual Office is a technology-based office that allows the business owner and employees to work remotely with the use of internet connection, without meeting each other every day physically and without the need of paying office space. Workers can perform their work from home.

If you worry about investing in a business in an office space due to its high-value rent, then you may consider a virtual office a good option. It is like a typical office where you can give services like phone calls, chat, and any other customer interactions.

A virtual office doesn’t only work for a small type of business but also good for large investment type of business. This is a new idea in the business world. And this can be highly favorable to work together with a virtual team that provides services to customers in different locations.

Pros of Using a Virtual Office

• Saves money. Remote type of business does not have to pay rent or buy office space. And business owners do not have to spend money on office supplies such as furniture and equipment; they can require virtual employees to have internet access and a laptop or computer at home. It allows business owners to decrease cost, does not have to pay for health care, and just pay for the work done.
• It saves time commuting or driving to work because going work every day can eat a lot of your time especially when you are dealing with an area with heavy traffic. Unlike working in a typical office, you don’t have to spend the time to get yourself all set. 
• It is convenient because you can work wherever you are. You can perform your normal work duties from home or any location as long as there is a good internet connection.

Cons

• It is not a smart idea to use your home address for your virtual office, because your personal safety could be an issue if you post it publicly. A virtual address could be a good idea. And if you are registered under LLC you may use your LLC address or PO Box address as an alternate option. It will help to keep not only your personal address private, but also your personal life as well. You can keep your home address private.
• One of the things you will probably do is hiring a virtual assistant. Sometimes, it is difficult to supervise and trust virtual assistants personally as they work remotely. Employers can maybe do a little research first and check especially their previous work experience and see how they can apply their knowledge to help you achieving your targets and reaching your goals.
• One of the disadvantages of working from a virtual office is a distraction especially if you are working in a place where you get lots of noise. If you have your own private area where you can concentrate alone and/or if you are the type of person who works hard with little supervision, working in a virtual office will definitely work well for you.

 Working in a virtual office has its advantages and disadvantages, you as a property manager or owner just have to gauge which weighs more if where you will benefit more and where you will have less trouble while running your business.