Why should you use a Virtual Office over a physical one?
There can be many reasons for the use of virtual offices and some of them less honourable than others. Some firms choose to have one or more virtual office addresses to give an impression of size; they have more than one office. This can be done in the UK alone or globally. At its lowest cost a virtual office will not in fact provide you with an address, simply a location which you can use physically. Add to that though a mail-forwarding and telephone answering facility and you have what appears to be a physical office in whatever location you wish.
Can this be used for illegal purposes? Of course it can. It can be used simply to create an impression of size of a company as well as providing a remote location which can then be used to commit fraud.
Why would a company use a virtual office for legal purposes? Well there can be any number of reasons but amongst the most obvious is that a firm, such as Turner Little, is located away from the capital but, in the process of trading internationally, needs to meet clients in the capital for meetings. In Turner Little’s case it has staff and clients flying in from around the world and it is sometimes far more convenient to meet them in London than have them travel up from Heathrow to York. Equally they have staff or associates who are based overseas and who are usually travelling around the world but occasionally need an office from which to work. A virtual office in another capital city which they can use can prove most beneficial in such cases.
Such offices are not cheap though compared to acquiring an actual office in any large city anywhere in the world they are indeed most cost effective. Hence the mushrooming in the last few years of companies specialising globally in providing office space which can be rented by the hour in buildings having business lounges, free use of which is allowed to members. Most of these places have refreshment facilities, free Wi-Fi, fax and phone services etc. In many cases they also have conference rooms making it more convenient to hold seminars, training sessions and the like for numerous people without the added expense of transporting them to head office which may just be a long way away from the workforce or client group you are trying to reach.
Turner Little
Turner Little was founded in 1998 and it has since become a well-established UK based professional Company Registration Agents, Registered Bank Intermediaries and Business Consultants, as well as Trust providers.
