- How virtual work helps your startup grow faster
- How virtual work sets your startup on the path for future success
- How to launch your startup virtually
Q: Can I launch a startup while working virtually?
A: Yes, you can launch and run a startup entirely virtually. In fact, making virtual work an integral component of your startup makes you more likely to succeed in the future marketplace. This article explains how virtual work benefits your startup and how to launch virtually.
Working remotely is the new norm.
While the trend of virtual work was already well on its way to gaining prominence, the pandemic dramatically accelerated the process.
With social distancing making it impossible for many to continue their typical in-person work arrangements, virtual work became the new standard.
You probably already know this. Countless news stories have covered the transition, and chances are high that you yourself have been a part of it.
But what you may not realize is that virtual work opens up a whole new world of opportunity for the entrepreneurial spirit.
Remote work may not work for everyone, but for those looking to start their own business, it can make the entire process easier and more lucrative.
If you’ve newly launched a startup, have an established small business you want to take virtual, or are considering launching but don’t know where to start, this article is for you.
- Virtual work lets you launch your startup sooner
- Virtual work lets you grow your startup faster
- Why going virtual is the key to future success
- How to launch your startup virtually
Why Work Went Virtual
The pandemic obviously made virtual work a necessity, but even before, remote work was gaining traction. Remote work has a number of benefits for workers.
For starters, it helps employees better manage their work-life balance. When employees are juggling household chores, raising children, and other typical life stresses with work, they can feel overwhelmed.
That burden is exacerbated when you add a rigid schedule and long commute to the mix.
That’s why many employers were already incorporating remote work and flexible workspaces into their schedules. It helps employees avoid burnout and bring their best to their work without compromising productivity.
There were also plenty of people freelancing prior to the pandemic. Freelance and gig workers have been using virtual work methods for years, to great effect.
The pandemic isn’t responsible for remote work gaining prevalence — it simply sped up the process and eliminated the societal stigma around working from home.
The Startup Boom
But the pandemic also had other effects. Most notably, small business formation boomed.
In the wake of mass layoffs and economic uncertainty, many people with entrepreneurial inclinations turned their sights on starting their own businesses.
While some of these businesses launched using traditional setups, a majority of them focused on the online space. Learning from the success of remote work for office workers, business owners adopted the same approach for their startups.
From there, they realized that they could:
- Be their own boss
- Reach a wider range of customers
- Find success on a national and international spectrum
- Tap into talent without geographical restrictions
And all of this could be achieved without ever needing to set foot in an office.
Virtual Work Lets You Launch Sooner
One of the major benefits of launching your startup virtually is that it lets you get started faster than you would otherwise.
Virtual workspaces are highly variable. You can work from a coworking space, a coffee shop, or your living room floor.
Because you don’t have to worry about an expensive office or storefront rentals, virtual work allows you to launch with far less overhead. This means you don’t have to spend months or years saving up money prior to launching.
That’s part of the reason remote work has reshaped the modern world.
The barrier to entering the entrepreneurial world has been lowered for most.
The reason this is so beneficial is that it allows you to take advantage of the evolving market. Because markets can change on a dime, your great idea might not be as in-demand down the road.
Good businesses adapt to these changes and grow with the markets. That said, when you first launch, it’s important that you become profitable quickly.
By striking while the iron’s hot, virtual work helps set you up to succeed.
Virtual Work Lets You Grow Faster
The benefits of launching your startup virtually don’t end there though. Virtual work also helps your startup grow faster after the initial launch.
The reason lies in marketing and lead generation.
Working virtually means that you aren’t limited by your geographic location. Rather, a virtual startup can reach people across the country, meaning their potential customer base is much larger than it would be otherwise.
As a result, your startup is able to niche more effectively. It can connect with a more specific audience without having to worry about the local size limitations of that audience.
This means that your marketing is more effective and provides a greater return on investment. You won’t have to compete with the entire market, but you also won’t be limited by the size of your potential customer base.
Your marketing budget will probably also be bigger thanks to the money you save by not renting. You can take the money you’d otherwise spend on an office rental and channel it into advertising, helping your business grow even faster.
Virtual Work Sets You Up for Future Success
One final benefit of working virtually is that it sets your startup on a path to step confidently into the future.
Online shopping and e-commerce are poised to largely replace in-person shopping as we move forward. The ease and convenience of online purchasing mean consumers are expecting online options from businesses.
By entering the market virtually, you ensure your business model plays into customer expectations immediately. Not only does this make it easier to reach customers initially, but it also keeps you from having to transition or add online operations to your business later.
The same is true of employees. Top talent across a wide range of fields is demanding flexible and remote work arrangements.
As your business grows and you turn your attention towards hiring, having a remote workflow in place will make it easier to attract the people you need to successfully level up.
How to Launch Your Startup Virtually
If you’ve decided you want to launch a startup virtually, there are a few things you’ll need to do so.
In order to register your business, you need to have a business address. In a traditional business model, this would be your office or store address.
If you want to start your business virtually though, that obviously isn’t an option.
You could use your home address, but doing so has a pretty major downside. Your home address will be public domain, meaning anyone who searches for your business information will know where you live.
That’s why a virtual office is the best way to register a virtual startup. Virtual offices provide you with a business address you can use to register without you having to sacrifice your privacy.
Virtual offices are affordable and practical solutions for your business address, helping you keep overhead low and reinvest in your business.
All you have to do is purchase a virtual office plan. From there, you’ll be provided with a virtual office address you can use to register your business and begin growing.
Virtual work has risen to prominence thanks to technological advances and the pressure of the pandemic.
While many think of virtual work in terms of employees, virtual setups can be a great solution for startups and small businesses. They let you launch with less upfront expense and reinvest more money into your growth.
A virtual office from Alliance Virtual Offices is the best way to launch your virtual startup. You gain access to a virtual address you can use to register, without sacrificing your privacy.
Launch your virtual startup and take advantage of the current market with Alliance Virtual Offices.