By John Spencer, CEO, MWB Business Exchange

Virtual offices can be the perfect solution for a start up business that wants a prestigious address and receptionist facilities but cannot justify physical office space, and this has never been more true that in the current recession when money is tight and credit difficult to come by. Virtual offices can provide companies with the stepping stone they need before actually taking up desk space. They allow companies to have mail and calls forwarded to them and they can meet clients at the office by using the meeting rooms. This can be really important for the image of a fledgling company.

Start ups don’t want to commit to long term expenditure. Virtual offices give them flexibility and the opportunity to ‘upgrade’ to flexible office space when they are ready without being tied into a long lease. They can also expand as and when they want to. It can also help a business manage its cash flow as payments are monthly and all inclusive — so there won’t be unexpected extras like maintenance fees or cleaning costs.

Starting up a business is an exciting but daunting experience. Office space is very important but should not be something a start-up should have to worry about day-to-day. Virtual offices and flexible serviced offices give companies the chance to focus on what is important — their core business.