Would you ever consider having a virtual office?
Prodigy subscriber Posts: 19
edited July 2014 in Home-Based Businesses
I`ve seen companies advertising this type of service that can give you the prestigious Manhattan address for example. Wouldnt it be better than listing my home address. You would think it would make your company look more professional and larger. Also, its a lot cheaper than leasing office space.What do you think?...
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startupnation is home-based and uses a real address and has no issues, for example.
these days, as the winner of the Home_Based 100 "Best Financial Performers" winners indicate, a home address does not always get in the way of running an extremely profitable business.
Now on the topic of the address. Depending on what you are selling, it is ok to use a home or PO Box. If you are selling hard goods (clothes, widgets) you may want to consider a storefront of some sort if you think you may get a lot of local business. This is a BIG investment and should only be considered if it can provide a good return on investment.
Just my $.02...
I tend to agree with the poster who said they feel a little scammed when they find out a company is using a "shell" address. It makes me wonder if they`re doing an honest business because they might be trying to hide. I wouldn`t consider the Reno/Egypt office situation to fall into this category though.
Not that I would need someone to answer my calls necessarily, but it *does* seem like a neat idea to have a professional place to meet clients once in a while... maybe focus on a share-rental type situation rather than strictly an address rental.
Virtual office is the trend these days. Even in my field, real estate, many brokers/agents/investors are setting up this kind of office.
So if it works for you and your clients, why not, right?
Looking forward to more discussions in the future.
Vitual office agencies makes a lot of money, from home business owners. You are paying far more per hour than the traditional way would've cost you.
Then it is better to rent close nearby, and even better to buy when you can. Paying rent means you're making someone else rich (read Rich Dad Poor Dad again!), while owning property turns it around. As more and more people work from home office space in the suburbs in many cases do become cheaper (or rather, rent is more negotiateble). So athough you don't have flashy offices in a high-rise building in the city centre, at least you'll have an office nearby. I think it was Google or one of those IT-companies who have done a study some time ago, which showed that productivity in home based businesses are below par when compared to traditional office workers.
You can even contact say 3 other home based business owners in your area, and share the rent with them doing your own virtual agency-thing. And get one receptionist there to help with al four's admin.