Economy
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.
Read more about this topic: Virtual Office
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
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