Have you created a new business and want to get off to the best possible start? Introducing a new brand to the market is an exciting prospect. But, it is not one that is easy. Indeed, not every business is going to succeed. So, you need to make sure that you hit the ground running and make all of the right moves from the beginning.
One thing you should consider is a virtual office in London. This offers a lot of massive advantages for new businesses. It can give your brand the kickstart it needs to compete in a crowded market. So, let’s take a look at the benefits of having an office in the capital city.
Impress New Customers
When it comes to buying products and services, customers get into habits. They purchase from the same brands and do not like to stray from the usual big names. So, when you have a new business, it can be difficult to break the mould. But, one thing that can help is by having your business address somewhere well-known and impressive. We are talking about having a virtual office in London.
Immediately, this is going to show that you are professional to customers. They will be impressed that you are based in the capital and take you more seriously. If you want to find out more about having a virtual office in London, click here. There are different packages available and you can select one to suit your budget. As a new business, you need to do everything you can to gain the attention of customers and convince them to try your products. You will be surprised by how your business address can help you.
This can be especially important if you are from some third-world country and you are targeting people in well-developed ones. Keep in mind that someone from the EU, Canada, or United States might get suspicious if your company is based in Bangladesh, China, Brazil, or some other country that is far away. Even though you are selling a premium product, the location can be an issue if you are targeting clients from highly-developed countries.
On the other side, the UK has a very good status in the world, and it is considered one of the best in the world when it comes to quality of living, wages, quality of products made there, and more.
Avoid Rent and High Property Prices
Let’s be honest; every business wants to have an office in London. It has a certain prestige that cannot be replicated anywhere else. Customers take you seriously, your brand looks professional and you feel confident about your business. But, the reality is, that this type of goal is not attainable for a lot of new brands in the first few years. Simply property prices are exceptionally high. It is just not possible to purchase a property in London and there is also a lot of competition from other companies.
Even if you are considering renting; is this going to be the best move for your business in the first few years? This is a crucial period and you cannot be wasting money on high rent prices in the capital.
Moreover, it is a fast-growing trend where people are working from home. Therefore, even if you have a company that is targeting clients from the UK, there is no need to pay for expensive rent there and many other additional expenses. The only thing that you can do is register your business in this country, and then you can save a lot of money by choosing a virtual office.
Increase Productivity
There is so much work that goes into making a new business successful. Only a certain percentage of brands are able to survive the first few years and are able to keep the excitement alive. So, you need to make sure that you are productive when it comes to your business and using all the time possible to make it successful.
The good thing about a virtual office is that it can increase productivity. For example, if you and your employees are able to work from home and there is going to be no commute. This means not wasting hours of your day traveling. Instead, you can concentrate all of your energy on a working day.
Let’s not forget that many employees are happier working from home. So, when you have a virtual office, your staff can do this. Yes, they can choose to attend meetings at the office when it is necessary. But, they can spend the majority of time at home. When your employees are happy, they are more likely to do better at work and get more done.
Even though there is a way to run your business completely online, a lot of people and companies are making the same mistake by still choosing a place where they will set up a pup physical office. This is usually related to habits and not knowing enough about the option to run everything online along with the office.
The management will become more efficient as well. The fact is that people who work remotely can be even more productive these days when compared to the traditional method when they are going to the office. You can implement software that will track the activities of your workers to secure productivity. This is much easier and more accurate than monitoring people in public.
There are many benefits for workers as well. They can save time and money by not having to go to the office every day. Also, it will be easier for them to complete daily tasks since working from home is less stressful.
Save With BYOT
Have you heard of BYOT before? This stands for bringing your own technology. It is a new term that you may hear being used in the business industry. If you have not heard of it yet, you are likely to hear about it soon as a lot more brands are looking to go fully remote.
So, what is so special about BYOT? Well, it is something that is going to save you money. It essentially means that employees are going to use their own technology or devices for work. Indeed, when you have a virtual office, your employees are going to use their own devices at home. This has the effect of saving you money. You will not have to purchase hardware and devices like you would for all of your employees in an office. Instead, you can save this money and it can go back into your new business.
It is a common practice that even companies working in the IT sector are providing their workers with laptops and other devices. However, those who are working in these areas already possess these devices. Therefore, if you are thinking about offering convenience and good conditions when hiring a new workforce, there are many other solutions that can be effective instead of wasting money on equipment.
Last Words
Before you choose to rent a virtual space as your office, be sure the area where you are operating is suitable for such an option. A lot of businesses can fully integrate online platforms to work with clients. If that is the case with your business, this can be a perfect way to expand your business to other countries, attract more people, and find workers with improved credentials.
London represents a synonym for elegance, luxury, and high levels of development. Therefore, using a solution to present your business as located in this place can provide you with the ability to attract even more people, especially when it comes to highly developed countries.
