With economic and environmental turbulence all around these days, you can forgive entrepreneurs for wanting as much security as possible from their office providers. It is ironic then that so many small businesses are uncovering the benefits of flexible real estate. They’re starting to understand that control, rather than continuity, is the key to stability.
It is why the popularity of virtual offices and coworking spaces is soaring in Singapore. While going virtual can seem intimidating at first, especially if you’re new to remote work, it doesn’t take long to enjoy the benefits. With low rates, negotiable terms, and no obligation to pay for services that you don’t use; there’s no better way to run a lean, mean business machine.
This guide to the impact of virtual offices will explain why they are the perfect corporate solution for your business in 2017.
No More Wasted Hours
The idea behind virtual offices is that they serve as a support system for alternative work routines. So, for example, most tenants spend a large proportion of their time in a home office or operating out of public spaces like coffee shops.
The problem with this is that, sometimes, you just need that supportive, physical space to network, communicate, develop ideas, or build content. Virtual offices provide this, but only when you want it. So, if you can’t face the commute today, give it a miss and work from home.
Click through to www.servcorp.com.sg/en/virtual-offices/ to look at some of the resources on offer at centrally located Singapore facilities. Ultimately, having the freedom to choose means that you don’t waste time. You are in full control of your work routines and schedules.
Kinder to the Environment
Much has been said about the financial benefits of going virtual, but less attention is paid to how the phenomenon affects environmental impact; on an individual level and a collective one. With fewer unnecessary commutes, virtual tenants have smaller carbon footprints.
Also, don’t forget that you’re sharing resources which would usually be multiplied for every single tenant. The traditional business model, after all, is to operate a fully functioning, power hungry personal office, whether or not you really need it.
By stripping back your corporates resources, you save energy and minimise waste. This makes it much easier to run a lean, agile company. All of the money that would usually be spent on heating, lighting and other utilities can be channelled into growing the enterprise.
The Ability to Be Mobile
Everything about virtual offices is designed around mobility. Contrary to popular belief, they contain all of the equipment and tools you’d find in a regular workspace. This includes high-speed broadband, telephone lines, secretaries, mailboxes, and more.
You’re not compromising on your level of access to these tools. You’re taking control over how they are accessed. Essentially, virtual tenants get to run highly efficient, ‘transportable’ businesses. If you needed to, you could run your company from halfway across the world.
The possibilities are endless, particularly for start-up ventures and entrepreneurial teams. If you establish a base in Singapore, you can also use the global network of serviced offices to work from other countries at minimal cost. This is a great way to infiltrate new markets.
Why the Love for Virtual Offices Is Here to Stay
When the popularity of virtual office solutions began to pick up pace around five or seven years ago, many people said it was a passing fad. They couldn’t see past the lack of a dedicated private space. However, virtual offices have now been joined by a major boom in co-working environments, so it’s clear that modern entrepreneurs know exactly what they want.