Did you know that 45% of businesses end up failing within their first five years of being in business? If you want to stay out of this statistic then it might be wise to invest in a virtual address. We have put together this guide with the top benefits of finding a virtual address for business near me.
Read on to learn more.
Professional Business Image
One of the major benefits of opting for a virtual address is that you will automatically give your business a professional image. Having this virtual address is going to show your potential customers that you are a legitimate business because your address will show up on Google Maps as an office building.
This leads to building more credibility and trust with current and future customers. This business address can be used for online search purposes. You can list the address on search engines such as Google and it will offer a way for people to leave reviews and make your business more known.
Keep in mind that a P.O. Box or a Google Local is not allowed to be used as a physical address, so the best option is a personal virtual address online. This means that even though you don’t do business at that address, you can still provide a local business presence.
Privacy
Another benefit of opting for a virtual address is that you don’t have to sacrifice your personal privacy. Many startup owners will use their home address for their correspondence and this leads to strangers having access to where you live and sleep.
This can become dangerous especially as your business grows. Having a virtual address will ensure that your business is separate from your personal life even if you are running your business from your house.
You can even use this address to open up your business bank account and any merchant accounts. The same address can be used to file any legal contracts, file for permits, or licenses. This will ensure that no one has access to where you live.
Multifunctional Virtual Mailbox
Having a virtual mailbox means that you are not limited to the type of mail you receive. This address can be used to receive packages from FedEx, UPS, and USPS, just to name a few. Customers, contractors, subcontractors, and legal entities can all send you important documents without worrying about anything getting lost or returned to sender.
This can serve as a permanent channel to communicate with your customers and your vendors. It can also help with keeping your cash flow steady.
Plus, even if you move homes your business address won’t be affected. This is a drastic change from those that use their home address as their business address. When a home address changes due to a move, you are responsible for also changing all of your business documents to reflect your new home address.
Document Management
If you select a reputable company to have your virtual address with, you can also have your incoming mail processed within 1 day of the company receiving it. Some companies can take up to a week, so make sure you ask upfront what their average turn around time is to let you know about the mail you received.
The best thing to do is choose a company that will scan your letters and packages as soon as they arrive in their building. These images should then be uploaded right to your virtual mailbox so that you can decide what is trash, what should be shredded, and what you want forwarded to you.
Extra Services
Some companies will offer extra services other than just receiving your business mail. You can opt for call services if they offer this. This is great if your main audience or customer is an older generation that prefers to make a phone call to a company to ask any questions they might have.
Opting for call services means you can create a special automated answering machine or a call forwarding message to improve your image and also give your customers an added convenience.
Save Money
Because a virtual office is virtual you don’t have to pay for an office space that you don’t use. This also means that you don’t have to sign a contract that locks you into paying rent for years just to have an address to use.
There are companies that offer meeting rooms as needed or even cubicles, but you never have to pay for anything extra if you won’t be using it. Or if you ever do need a meeting room you can just pay for that one time use.
No more paying high rent for an office that you rarely walk into or truly don’t need because you can do everything from the comfort of home. Plus you will also save money on a receptionist, because you won’t need to pay anyone a salary or wage just to greet customers or take phone calls.
Ready to Search for “Virtual Address for Business Near Me?”
Now that we have shared the top benefits of using a virtual address for business near me, you can make an informed decision if this is what your own business needs. Having a separate physical address for your company doesn’t have to be complicated or break the bank.
If you found our article helpful, we have more where this came from. Read the rest of our business section for our latest.
