A Virtual Office Establishes Your Business and Helps Keep Costs Low
A virtual office is part of the flexible workspace solution, including coworking, that has boomed in recent years. A virtual office provides entrepreneurs, business professionals, freelancers, contractors, consultants, and remote workers with office-related services, technology, and physical space without the overhead or capital expense of leasing a traditional office space. According to LegalZoom, any business can establish a virtual office, including sole proprietors, LLCs, and corporations. Some business owners may even discover that due to local zoning or home lease restrictions, establishing a virtual office is necessary for legal purposes.
Virtual offices are booming across the U.S. According to the 2021 Remote Work Statistics by Small Business TRENDS, the number of remote workers in the US. is expected to double the pre-pandemic level to 36.2 million by 2025. Further 56% of companies globally are either hybrid or fully remote companies, and small companies (such as startups) are 2X more likely to hire fully remote workers. Yahoo Finance reports that flexible work options like coworking could comprise 30% of the office market by 2030, compared to just 5% now. Trends like these point to the expansion of flexible workspace solutions, including a rising need for virtual offices.
Advantages of a Virtual Office
A virtual office helps keep costs low and productivity high, moving your business towards greater profitability. Virtual offices can range from $50 - $200 per month depending upon where you establish your office and the services you choose. A virtual office membership at Workspace starts at $50/month for a professional business address, dedicated phone line, and mail, print, and copy services. Virtual office members can upgrade to a personalized live receptionist or a virtual receptionist as their needs evolve. All virtual office members at Workspace get member rates on meeting rooms, coworking spaces, and reserved private desks.
Virtual offices also provide opportunities for flexibility and experimentation. Business owners can make better educated longer-term commitments to solve their needs by sampling a variety of services and benefits through a virtual office, including:
Technology
Meeting rooms
Business services
Office setups
Some business owners and their teams will decide to maintain the flexibility of the virtual office while others may eventually invest in a physical office space.
If privacy is a concern when running a business from your home, then a virtual office offers a privacy solution, not only for business mail but also for legal documents and public records. Even email newsletters that your business sends will require a physical business address. According to the Federal Trade Commission, the CAN-SPAM act requires email newsletters to include a valid physical postal address for the business. So, for business owners who are planning on using email marketing, their business’s physical address will be shared.
Establish Your Business in Shelby County, Alabama
Shelby County is in the Birmingham-Hoover metro area situated in central Alabama. Pelham, Alabaster, Chelsea, Montevallo, Columbiana, Meadowbrook, Indian Springs Village, and other cities are part of Shelby County. Shelby county has one of the top median household incomes of all counties in Alabama according to the U.S. Census Bureau and boasts a population of over 220,000. Along with a robust lineup of economic industries. Shelby County has a sales tax rate of 1% (in addition to the 4% Alabama state tax + corresponding city tax). With a strong community bond and diverse network of support systems in place, including the Shelby County Chamber, establishing your virtual office in Shelby County at Workspace is a well-rounded and viable option for growing your business.
Reach out to us today online or call (659) 204-4330 to learn more!