Entrepreneurs, freelancers and small business owners often don’t have the working capital to afford a dedicated office. In fact, many businesses may only need an actual office space for occasional meetings or presentations. Still to maintain a professional appearance, many of these same businesses still rent office space, despite the costs of the lease and staff overhead.
An alternative to the traditional office space that is rapidly gaining popularity is a virtual office. A relatively new concept, the virtual office space has all the amenities of a regular office – WiFi, landlines, conference rooms and even staff. The difference, however, is that you are renting the whole kit and caboodle for a set price from a virtual office space provider. For a low cost, you can use the space for an hour or two, or on daily or weekly basis.
Many entrepreneurs must travel around the country to meet new clients, visit current ones or even connect with colleagues and employees. When you’re in another city, however, it can be difficult to find adequate office space that doesn’t involve hotel lounges or coffeehouses.