A virtual office is a combination of off-site live communication and address services that allow users to reduce traditional office costs while maintaining business professionalism. Frequently the term is confused with “office business centers” or “executive suites” which demand a conventional lease whereas a true virtual office does not require that expense.
Virtual offices are experiencing growth even in a recessionary economy, and not just in the United States. As businesses look to trim expenses, virtual office services help reduce overhead while keeping professionalism high. For example, by paying for space and communication infrastructure on an as-needed basis, businesses can keep office expenses to a minimum. The portability of today’s technology also allows for a more flexible work environment . As businesses trend to a more “online” workplace, the notion of paying for space full-time becomes anachronistic. Traditional receptionists making $12-14/hour can be replaced with remote receptionist services at a fraction of the traditional cost. Some Virtual Office companies or Telephone Answering companies offer a Franchise system, enabling entrepreneurs to enter the marketplace for a fraction of the usual set up costs and with the added bonus of leads being fed to them.
mVirtualOffice.com provides detailed product reviews and analysis for the newly minted entrepreneurs who is seeking advice on use of various technologies