{"id":15015,"date":"2020-10-02T09:34:17","date_gmt":"2020-10-02T09:34:17","guid":{"rendered":"https:\/\/yourchennai.com\/?p=15015"},"modified":"2020-10-02T09:34:17","modified_gmt":"2020-10-02T09:34:17","slug":"the-growing-popularity-of-virtual-office-spaces-amongst-startups-and-small-businesses","status":"publish","type":"post","link":"https:\/\/yourchennai.com\/index.php\/2020\/10\/02\/the-growing-popularity-of-virtual-office-spaces-amongst-startups-and-small-businesses\/","title":{"rendered":"The Growing Popularity of Virtual Office Spaces amongst Startups and Small Businesses"},"content":{"rendered":"
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With leasing and construction activity coming to a standstill in the first few months of the lockdown, research by Savills India reveals that total leasing declined by almost 60% in H12020 across six major cities to 13mn sq. ft (as compared to the year-ago period).<\/p>\n

Individuals and newbies who have opened new\u00a0businesses\u00a0during this pandemic and do not require physical office spaces, \u00a0are mostly opting for virtual offices. Mostly because of one of its various benefits\u00a0I.e.,\u00a0cost-cutting. Virtual office is a small office provided to new entrepreneurs where you get a dedicated receptionist to answer your calls, one\u00a0can also book boardrooms and meeting rooms\u00a0if they want\u00a0with the latest audio-video equipment including high-tech facilities like video conferencing with high speed internet connectivity. There is also a choice of taking one or all the services\u00a0as per client\u2019s requirements.\u00a0Clients can also take advantage of the provided address to them which can be used on their letterheads and business cards.<\/p>\n

With a virtual office, a person can consider business expansion easily and showcase a well-established corporate image on their business documents.<\/p>\n

\"VirtualMr. Kushal Bhargava, Co-founder of MyBranch<\/strong>, the company which is easing Shared, Managed and Virtual Office Space requirements for corporate and startups said, \u00a0\u201cWe at MyBranch have witnessed a 50% hike in the virtual office space requirements after the lockdown restrictions were lifted. These leads were mainly from the service & e-commerce industry.\u00a0 Their requirements also included GST registration for the state.<\/em>\u00a0<\/em>Apart from providing an official address with a GST number, the virtual office spaces also help the growing entrepreneurs with the facility of meeting rooms and inbound-outbound communication management<\/em>.\u201d<\/em><\/p>\n

MyBranch is\u00a0planning to expand to 13 new cities with their entire service range shortly and are expecting an increase in the demand for virtual spaces in those cities as well.<\/p>\n

Hiring a virtual office space is quite a cost effective and convenient option for the E-commerce industry, SMEs or individuals who have started their own businesses.<\/p>\n

Success hugs you when you minimize your costs and overhead expenses and focus on increasing your sales. Virtual offices are an excellent choice for startups, entrepreneurs, travelling executives, project-based clients \/ organisations who want to start a venture in a new location.<\/p>\n","protected":false},"excerpt":{"rendered":"

With leasing and construction activity coming to a standstill in the first few months of the lockdown, research by Savills India reveals that total<\/p>\n","protected":false},"author":1,"featured_media":15016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,30],"tags":[4948,4946,19578],"class_list":["post-15015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-companies-economy","category-news-business-political-national-realestate","tag-small-businesses","tag-startups","tag-virtual-office-spaces"],"views":644,"jetpack_featured_media_url":"https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/10\/Virtual-Office-Spaces-StartUps-Small-Businesses.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/15015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/comments?post=15015"}],"version-history":[{"count":1,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/15015\/revisions"}],"predecessor-version":[{"id":15017,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/15015\/revisions\/15017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media\/15016"}],"wp:attachment":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media?parent=15015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/categories?post=15015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/tags?post=15015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}