Updated: Nov 9, 2020
You have an amazing security technology product that is doing really well in your local market, and you feel it is time to expand your business overseas and offer your product in other countries. What do you do?
The obvious thing would be to set up a business in the country of your choice. This involves going through all the complicated procedures that may be required, like setting up local bank accounts, registering for local taxes, appointing people to manage your business, and of course, open an office.
But what if the market is a bit different than you had expected? What if your security technology product does not sell as well as you had hoped it would? What if the market simply isn’t the right one? Now you’ve spent all this time and money on setting up the business and getting the local office up and running for nothing!
There is a solution! Instead of a physical, brick-and-mortar office, you can use a virtual office for your business. In fact, many businesses are using virtual offices to manage their presence both locally and abroad. So what is a virtual office?
A virtual office is precisely that — it’s a business address that you can set up to establish your business in a particular country or region. This address allows you to receive correspondence and show your presence in a particular market. It also comes with a dedicated local phone number on which you can receive calls from customers from all over the world, no matter where in the world you are! This address and phone number are perfect for putting on business cards, email signatures, website contact details, and more.
From a business point of view, a virtual office is just like a ‘real’ office. It reassures customers that they are dealing with a local business that understands the local market, and is governed by local laws that protect customers. This is especially relevant in the security technology industry, where trust between a business and its customers is vital. A local client wants to use a local company that knows all the unique local technology risks.
There are many other benefits to use a virtual office for your business. By using a virtual office, you not only save on potentially big capital outlays on renting office space, paying utilities, and installing and maintaining equipment such as computers, but you also save a lot of time by cutting down on commuting to and from a brick-and-mortar office. What’s more, because there is no office to go to, you can employ the best people from anywhere in the world without the need for them to relocate to your city, which can be a great benefit to your business.
A virtual office might just be what your security technology business needs to expand into foreign markets, and House of Companies can help you to make that happen.
How can I get a virtual office?
Getting a virtual office is quick and easy and House of Companies van get you set up and ready to open your virtual doors within 24 hours. Simply choose your desired location then give us a call and one of our expert consultants will talk you through all the options to ensure you get the type of virtual office that suits the needs of your particular business. It’s really that simple.
House of Companies offers virtual offices in many international locations:
United States of America
How much does a virtual office cost?
Our basic package starts at €295 per year — that’s less than €25 per month! This is a massive cost saving over having to rent a brick-and-mortar office. We also offer a range of other related services such as mail and call forwarding.
What’s next for a growing business?
Having a virtual office is going to change the way you do business for the better and you will wonder why you didn’t think of it sooner. However, there may come a time when your business starts to grow rapidly and you may need physical office space. The great news is that House of Companies can not only help you set up a virtual office, but also an actual office space, whether it’s a hot desk for an hour or two or a dedicated office for a longer-term lease.
Of course, you can choose to stay virtual, after all, it works for many businesses around the world. Regardless of your choice, House of Companies will be there to support and guide you.