Is a virtual office really cheaper than a physical office?

[Etini]

Some industries allow the setup of a virtual office in lieu of physical offices. With the advancements in virtual reality, and cloud computing, virtual offices have become more popular and adopted by a host of organisations. Is virtual office really cheaper than physical office?

Rent Costs: When once you set up a virtual office, you spend a very little amount of money on subscription as compared to the amount you would use to rent an office space.

Cost of casual staff: For a physical office, you would need more than just the core operational staff for your kind of business. You would need casual staff like cleaners, messengers and the rest. Such recurring costs doesn't apply Tina virtual office.

3) Cost of furniture/Utilities: When you factor in the fact that you would need furniture and other utilities in a physical office and those are not necessary for a physical offence, it makes sense cost wise to go for a virtual office.

What do you think? Do you buy the idea if a physical office over a virtual office or vice versa?

 

[Augusta]

Sure, virtual office will be cheaper or cost less to run than than physical office. This is because rent Cost for a virtual office is less , you spend a v little on subscription for a space online unlike renting an office space offline. Again you not too many staff fir virtual office unlike the physical office, you would need more than just a staff to run it which means more to expend . Virtual office.takes less money.