As we get deeper into the recession, companies are trying to cut down on our outgoing expenses. Some companioes are using cheaper materials, others are being forced to cause redundancy. Some places, have decided to save money by using ‘virtual offices’. With a virtual office you’ll pay for a mail slot, an address and having the frims receptionist answering your phone calls for you. Your company can rent space by the hour to have annual meetings within or when you have to have clients in. It’ll look much better to clients to have an office to meet at, rather than none at all.

Though it is much cheaper? To rent an office monthly will cost alot of money -this can depend on your location. The rooms you can rent include office space for employees, a meeting room and a c.e.o office. Having a virtual office means you pay for the address and mail slot monthly and then per hour on office space, which will be a lot cheaper than renting all that space every month. Plus the furniture is supplied, so you dont have to buy office furniture. If you need to use a office or a meeting room, you pay for that by the hour, so already your monthly outgoing is much smaller. With communication between staff with email and phone it is much easier for them to work from home until they need to come in for a meeting. Plus your staff get to work from home most of the time and they save on travel costs.

Also it can help your company project a positive image to clients. If you have a meeting and your 3 person team has been working from laptops, you can book a meeting room for afew hours with the client. They are impressed with the office and scope of the operation, believeing that your a bigger company rather than having then come to your home, where family issues could interupt, making you look unprofessional.

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