The recent surge of virtual office has become the hype of small business entrepreneurs as well as large corporate firms. This is due to the fact that the borderless internet world has opened up many business opportunities to anyone who is willing to enter into this realm.
However, sometimes there are the occasional meetings in which the employer and employees gather to discuss certain business proposals as well as to brainstorm. Since doing everything virtually such as having online conferencing could hamper bonds between employees to employees and employers to employees, meeting up and seeing each other face to face could give a breath of fresh air to such virtual companies.
There is however a problem, how are the virtual team supposed to meet up when there are no proper business base in the first place? Should they meet at the boss's house? Nope too awkward! What about one of the employee's house? That would be privacy intrusion.
Therefore, acknowledging the fact that virtual office companies need to have a place to meet up once in a while, certain companies have came up with a novel solution of providing such space. The same way as a hotel works, these companies rents out their company space for virtual office companies to conduct their office activities. Among the rental space that some companies are willing to rent out are meeting rooms, conference halls, office cubicles, business lounges as well as executive virtual office space.
The executive virtual office space is particularly important because it offers the boss of the company a place to interact with potential clients in a formal setting. You can't expect to seal the deal within the premises of one's abode. This not only gives a bad impression to the client, it also creates idea to the client that the boss is incompetent.
So the downsides of setting up a virtual office could be solved simply by having companies who are taking advantage of the "space dilemma" by renting out their space.
