How a virtual office can build a professional business presence while reducing office costs
You do not need a full-time office just because you are running a business.
If your team works remotely, you meet
clients only now and then, or you are still working out how quickly the
business will grow, a permanent office can be more than you need right now.
A virtual
office gives you another option. You can
have a professional business address, receive business mail, and use a meeting
room when you need one without paying for an office that sits empty most of the
week.
For a startup, consultant, remote team, or
company entering the Philippines, that can be a much easier way to get started.
What is a virtual office?
Simply put, a virtual office gives your
business a professional address without requiring you to rent a dedicated
office.
What you get depends on the provider. It
can include mail handling, a business phone number, call answering, meeting
rooms, and access to coworking or private office space when you need it.
You can continue working from home, from a
coworking space, or wherever your team normally works. You just have a proper
business location to use when the business needs one.
Why
would a business need one?
Think about what happens when you take a
traditional office.
You pay the rent, but that is only the
beginning. There is furniture to buy, internet to arrange, utilities to pay,
cleaning, maintenance, deposits, fit-out and plenty of other expenses that come
with keeping an office running.
If only three or four people are using the
office regularly, that can be difficult to justify.
With a virtual
office rental, you pay for the services you actually
need. If you need a meeting room on Tuesday, you book one. If you need to
receive business mail, it has somewhere professional to go.
The rest of the team can carry on working
remotely.
A
professional address without a permanent office
Your business address is not just something
you put on a letterhead.
It can appear on your website, invoices,
proposals and business correspondence. Depending on your situation, you may
also need an address for registrations, banking or other business requirements.
Using a home address may not always be
practical, especially when you are dealing with corporate clients or setting up
in a new market.
A professional business address gives you a
proper location for the business without requiring everyone to work from that
location every day.
That is one reason a virtual office
Philippines solution can be useful for companies that want to
establish a local presence without taking on a full office lease.
Does
the location of a virtual office matter?
It can. You may not work there every day,
but clients, partners and other businesses may still see that address.
For a company dealing with corporate
clients, investors, banks or professional services firms, being in an
established business district can be useful.
A virtual office Makati address,
for example, gives your business a presence in one of the Philippines'
best-known commercial areas.
It also gives you somewhere suitable to
meet a client when an online meeting is not enough.
What
can you get with a virtual office?
Services vary between providers, so check
the actual package rather than assuming everything is included.
Depending on the plan, you may get:
·
A professional business address
·
Business mail handling
·
Mail scanning or forwarding
·
A business phone number
·
Call answering or call forwarding
·
Meeting rooms
·
Boardrooms
·
Coworking access
·
Private office access when required
The last part is worth paying attention to.
You may start by needing only an address
and mail handling. A few months later, you might need a meeting room every week
or a couple of desks for your team.
It helps if your provider can accommodate
those changes.
Virtual
office versus a traditional office
The difference is mostly about what you
actually need from the space.
|
Factor |
Virtual office |
Traditional
office |
|
Business
address |
Included |
Included |
|
Dedicated
workspace |
Not normally
required |
Yes |
|
Commitment |
Usually
flexible |
Often longer
term |
|
Furniture |
Available when
workspace is provided |
Your
responsibility |
|
Utilities |
Usually part of
the package |
Usually
separate |
|
Internet |
Available
through the provider |
You arrange it |
|
Meeting rooms |
Use when needed |
Dedicated or
additional cost |
|
Fit-out |
Usually not
required |
Often required |
|
Best suited for |
Remote and
growing teams |
Teams needing a
regular dedicated office |
If your team does not need desks every day,
there is little point in paying to keep those desks empty.
Who
is a virtual office a good fit for?
It can work well for quite a few types of
businesses.
Startups
You want a professional address but would
rather put your early budget into building the business.
Remote teams
Your employees work from different
locations, but you still need somewhere for mail and occasional meetings.
Companies entering the Philippines
You want to establish a local presence
before deciding whether you need a permanent office and a larger local team.
Consultants and freelancers
You work independently but want somewhere
more professional than a home address when dealing with clients.
Growing businesses
You expect to need physical space
eventually, but you are not ready to commit to a long-term office yet.
What
should you check before choosing one?
This is where it pays to ask a few
questions before signing up.
·
Can you use the address for the business
purposes you need?
·
How will your mail be handled?
·
Will mail be scanned, forwarded or held for
collection?
·
Are meeting rooms included?
·
How many hours do you get?
·
Is there a business phone number or call
answering?
·
Are there setup, renewal or mail handling
charges?
·
And if your business grows, can you move
into a coworking space or private office with the same provider?
That last question can save you a lot of
hassle.
You might start with a virtual office today
and need five desks six months from now. If your provider can handle both, you
can make the move without having to find another workspace.
What
if you need to meet clients?
You can still work remotely and have
professional face-to-face meetings.
A meeting room gives you somewhere private
to meet a client, interview someone, present a proposal or sit down with your
team.
You only use the room when you need it.
That can be a lot more practical than
paying for a dedicated meeting room every day.
Where
does the cost saving come from?
The saving is not just the difference
between a virtual office fee and monthly office rent.
You are also avoiding the cost of setting
up and maintaining a full office.
You do not have to furnish an entire
workplace. You do not have to fit out an empty unit. You are not paying for
utilities and other office costs when most of your team is working remotely.
For a business that is still growing, that
can make a real difference to the monthly budget.
When
should you move into a physical office?
There is no magic number.
Look at how your team actually works.
If people are coming together several days
a week, dedicated desks or a private office may make more sense.
If you are hiring quickly and need training
areas, regular team meetings or more workstations, you may also be ready for a
physical workspace.
Until then, there is no reason to take on
more office space than the business needs.
Start small and move when the business is
ready.
Build
your business presence without taking on a full office
A virtual office can give
you a professional business address without asking you to commit to a permanent
office before you actually need one.
Sales Rain offers virtual
office Philippines solutions, including virtual
office Makati, with business address services, mail handling, meeting room
access and options to move into coworking or private office space as your
business grows.
If you are starting a business, entering
the Philippines, or simply not ready for a full office, Sales Rain can help you
choose a setup that fits where your business is right now.
Looking for a virtual office in the
Philippines? Talk to Sales Rain about the address, workspace and business
support your company needs.
Frequently
asked questions
What
is included in a virtual office rental?
A virtual office rental usually
includes a professional business address and mail handling. Depending on the
provider, it may also include meeting rooms, phone services, call answering,
mail forwarding and access to physical workspace.
Is
a virtual office in the Philippines suitable for a new business?
Yes. It can be a practical option for a new
business that needs a professional address but does not need a full-time office
yet.
Is
a virtual office Makati address useful for businesses?
It can be useful if you want a business
address in an established commercial district and regularly deal with corporate
clients, investors or professional services firms.
Can
I use a virtual office for business registration?
That depends on the provider, the address
and the requirements that apply to your business. Always confirm that the
address can be used for your intended registration before signing up.
Can
I move from a virtual office to a private office later?
Many flexible workspace providers offer
this option. It can be useful when your team starts working together more often
or you need dedicated space.
Is
a virtual office cheaper than renting an office?
For businesses that do not need a dedicated
workspace every day, it can be more cost-effective because you avoid many of
the expenses involved in setting up and maintaining a traditional office.
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