| The term 'Virtual office' is used to describe the | | | | and gives the impression of a highly prestigious |
| shared office services. These shared services | | | | business address. The number of providers of |
| generally involve phone, fax and answering | | | | virtual offices is shooting up gradually. The growth |
| services, mail and courier, reception, and | | | | has been well felt amongst the science and |
| conference facilities. Some of the providers of | | | | industrial parks all over the globe. |
| virtual offices also offer other outsourced or | | | | Benefits |
| in-house services. These include services in | | | | Virtual offices serve a variety of purposes. They |
| accountancy, legal matters and corporate | | | | are good alternative when it comes to rent a |
| secretary ship. The accounting and law firms | | | | conventional office. Plus, it offers all the benefits |
| usually offer registered address services. It can | | | | of a answering receptionist at the minimal cost. |
| be defined as an environment where a group of | | | | Be it for testing a service or a product, launching |
| co-workers run a business using the technologies | | | | a company or a downsizing the strength of a |
| for online communication. | | | | company, the virtual office performs them all. |
| Growing New Trend and Concept | | | | They can also perform the task of a copier, fax |
| The companies with virtual offices generally | | | | machine or a printer. |
| emphasize are usually located in the world | | | | However virtual offices have overall become a |
| business hubs like New York, Hong Kong and | | | | good alternative for companies who do not want |
| London. The concept has been highly popularized | | | | to invest in office setup and infrastructure. |