Is there anything you can do in these uncertain times to protect your small business? The economy is struggling and historically it flexes by expanding and shrinking. The last global financial crisis decimated the world economy and millions were affected. We’re still recovering. While many business failed and have not recovered, many have been able to weather the storm by being creative. A recession will come if the Federal Reserve raises interest rates. It may take some time, but it will inevitably come.
There are many ways to minimize risks. Watch your money flow, insure your business, sign contracts that protects your business from others mistakes. Finally, if you’re working from home or remotely and need help consider a virtual office.
A virtual office is the little sister to a dedicated office, but without all the risks of a long term lease and overhead. Virtual offices are a fast growing trend in the business world for those who wish to maintain a remote work location from either home or another office where they cannot be geographically or physically present. Perfect for those who wish to maintain their professional image and create a presence in another area.
Providers are typically local executive suites or office space providers, however, the high demand has increased the number of companies that are national franchises. You may have heard of some over the radio. In any case, a virtual office provider can offer your small business such as live call answering by a live receptionist in your company name and transfer your calls to you wherever you work from. They also provide you with a voicemail accessible 24/7 along with faxes via a pdf file to your email.
In addition, mail service, sometimes called a business license service is another component to a virtual office that can be extremely beneficial to you. Your cities business administration may require you to ‘hang’ your business license and a mail service with a virtual office fills that need. Furthermore, if you have security worries such as giving your home address as your work or credibility issues as having a strip mall mailbox then a business address is perfect for you. The provider will give you exclusive use of their business address as your own with an assigned suite number. Mail delivery and receipt with pick up or forwarding moreover makes this an even more desireable choice.
Lastly, conference room usage or day offices are another benefit to a virtual office. The provider will allow you a given number of hours each month of use in either of these. Perfect for creating that crucial element of trust and respectability needed as a small business owner. Just because you’re small doesn’t mean you can’t be professional. All the above services are available as part of a virtual office package or as standalone services. Do your homework because location, pricing, leases and the provider’s reputation all matter.