The first year for a start-up can be a challenging one. In fact, over 50% of new businesses fail in their first year of operation. As a new business owner, you not only have to manage your business plan but also your finances, hiring, and office space. Virtual office rentals are a practical and affordable option for new start-ups that won’t drain your bank account before your business can get off the ground. Here are a few key reasons why virtual office spaces make for a great choice for a start-up company like yours.

Reach Out to a Wider Range of Employees

When you make your start-up completely remote and use virtual office rentals for your business mailing address, live receptionist services, and meeting rooms, you can make hiring that much easier because you’re expanding your employment pool. For instance, you won’t need to look for accountants or digital marketing specialists solely in the local area but can expand your efforts nationwide or even worldwide.

Rent Meeting Rooms When You Need Them

Depending on your business needs, you may need meeting rooms occasionally to meet with potential investors and business partners. However, investing in a property because you need the meeting room space can be expensive. Currently, U.S. businesspeople spend $280 billion for holding 18 million meetings and business events annually. With a virtual office rental, you’ll have access to small or large meeting rooms when you need them. Even better, you can rent meeting rooms on an as-needed basis, so you don’t need to pay for additional office features when you don’t need them. This can help save your new business a lot of money in the long run.

Get the Office Services You Need

When you rent a virtual office space, you not only get access to a prestigious physical address in the heart of Las Vegas but also live receptionist services that provide call-answering support. Therefore, not only are you saving money on investing in a brick-and-mortar location but you’re also saving money on hiring a receptionist for your company.

Virtual offices can be a great way for new start-ups to save on business expenses as they start their journey into the business world. Are you interested in learning more about the perks of investing in virtual office rentals? For more information about our virtual office services, contact ViewPointe today.