It always has been and always will be. There are so many benefits to having a dedicated office. However, they can be very expensive and if you’re just starting out with your small business they are risky . Long term leases, vendors, employees and office expenses can eat away at profits.
Bootstrapping your way to success is tough. It takes intestinal fortitude and tremendous courage to undertake. Unless you have a cashcow your capital is at stake every single day. Competitors are nipping at your heels. You want to strike while the iron is hot. If you have an idea that is unique and timely it’s important to get started right away. What can you do?
Having a home office can be great. If you have a dedicated office space at home you can work remotely from, then you’re ahead of the game. You can be your own boss, set your own hours and manage everything yourself. The downside is that distractions, “noise” and setting appropriate boundaries for yourself and others can be detrimental.
When you’re ready and your business is on the move, consider a virtual office. A virtual office will allow you to maintain a presence in the workforce and the market you want to be in. With a virtual office you’ll get help from a provider who will convey services suited for your small business or entrepreneurial needs. Live call answering in your company name by a professional friendly voice who can transfer calls to you after screening to your cell, home or wherever you like. If you’re too busy in a meeting or working on a project, the vo provider can transfer your calls to a voicemail to email. The same also with your faxes.
You’ll also be able to use a vo to ‘hang your business license’ at the providers location. Usually a prestigious business address where your mail and packages will be received and either held or forwarded to you at a small additional fee. Keep vendors and clients from knowing your home address and thieves off your porches.
Conference rooms and day offices are also provided to you as either part of a package or at an hourly rate. Don’t have those important meetings in a coffee shop or bookstore. Many facilities will also provide you copy and scanning services, as well as notaries.
Make sure you do your homework and visit each facility your considering. Just because your business is small doesn’t mean it’s not important.