The Difference between Virtual and Serviced Offices

As Australia’s business culture evolves, smaller cities are finding their niche in this country’s expanding economy. Local economies are taking advantage of not only the tourism industry but also the technology, education and energy industries as well. Perth, for example, is becoming a major player in the energy and minerals sectors. With a focus on renewable energy and sustainable living, those business owners looking to do business in any one of these areas can find a home in Perth.

Finding a home in Perth might be easy, but finding office space is another story. Like most major cities in Australia, finding appropriate, affordable office space in a place where rents can creep up is really difficult, especially if you are not familiar with the terrain. However, Servcorp office space in Perth has a few solutions beyond the traditional office space. In addition to conventional leasing plans, entrepreneurs can also shop the commercial real estate market for virtual and serviced offices.

Keep reading to find out more about the difference between virtual and serviced offices.

Serviced Offices Service Many Business Types

Serviced offices are rentals that come furnished with everything, and depending on the outfit, some come with computers and some do not. Serviced office leasing can comprise a private office, executive suite or a shared larger space. Amenities in some of the plans include access to a receptionist, voice mail or phone answering service, conference and meeting rooms, lounge and kitchen. Small business owners, financial firms, law offices, and medical offices might find this type of set-up appropriate.

The benefits of a serviced office are that it drastically reduces overheads. In addition, the leasing terms are very flexible in that most contracts only require a month-to-month commitment. Most importantly, a serviced office allows you to operate your business from a prestigious address and project a professional image to the public.

Doing Business in a Virtual Space

Of all the leasing options, virtual offices are cheaper. In a typical lease, renters might have access to conference and meeting rooms, in addition to internet and cable access. The most important amenities are the physical address, phone number, mail service, answering service, receptionist, and in some cases, twenty-four-hour access to the building. Those who would typically benefit from the virtual office plan are the self-employed or those businesses with few employees that are in the development stages.

The benefits of a virtual office are that, for one, it is less expensive than the serviced office. The leases can be modified and are transferable. For example, let’s say you are leasing a virtual office in Perth but need to meet with clients in London. A virtual office leasing company would make appropriate arrangements for an office in London to be available for your meeting. Furthermore, the offices tend to be in high-grade buildings that have been retrofitted with the latest technology. For transportation purposes, a virtual office setup saves those employed by the business a lot of time and money in not having to drive into the city daily. The best thing about this kind of office is that as your business grows the leasing terms can be modified.

Virtual Vs. Serviced

Whether your business would benefit from a virtual office or a serviced office depends on the size and function of your organization and its needs. Both options offer you savings in terms of how much of your budget you would have to allocate to the maintenance of the space. More significantly, for the most part, the leasing options tend to be more flexible, which allows you space to consider your business needs as it grows.

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