For small teams or individuals, a virtual address is a perfect way to get started with a coworking facility. It gives you a professional presence and access to some office amenities without the overhead expenses.
Virtual addresses are a flexible, low-cost solution with a dedicated work environment that offers some of the benefits of a traditional office without needing maintenance. These spaces provide various resources to accelerate growth and cater to diverse needs.
What is a virtual address?
A virtual address provides you with a prestigious office address in a prime city or suburb, enhancing your business image without being physically present. With a virtual address, you can share the coworking location details instead of your details, which helps maintain a professional appearance while keeping your personal information safe.
Virtual addresses also offer reception services of a traditional office, like phone and mail services. This helps small or emerging business owners manage those practical elements without spending a lot of money. Having an address that looks professional gives your business more credibility and reputation, helping to earn the trust of clients and customers.
Business expenses you can save on with virtual addresses
Virtual addresses help professionals reduce expenses by eliminating the need for long-term office leases and associated costs. Without a physical, traditional office, you can avoid paying rent for your own private space and utilities in an office space. Additionally, you won’t need to pay for extra office furniture like desks and monitors on top of what you have at home.
Another cost benefit is that a virtual address membership includes using a reception desk without hiring a team. Using a virtual address also helps you avoid committing to a long-term lease, with many memberships being paid on a month-by-month basis. This gives you more flexibility as your business grows, allowing you to change your membership when your team grows.
With a virtual office address, you can also often access some amenities of the co-working space, like meeting rooms when you need to catch up with clients or business partners, and access to the working spaces with a day pass purchase. Accessing these things only when you need them helps save money while upholding a professional image.
Cost management strategies
Did you know that renting an office in Canberra costs an average of $437 per square metre on prime-grade buildings, but a virtual address at Haven Workspaces is only $95? Transitioning to a virtual address offers significant financial benefits.
You can enjoy in-person access to coworking amenities like meeting rooms and collaborative workspaces, yet you can significantly reduce travel costs by working from anywhere and anytime, eliminating the need for daily commuting.
With a virtual address, your packages are sent and handled by the coworking location, reducing the need for trips to the post office. You can also hire other freelancers or contractors to join you virtually for specific tasks instead of full-time employees to reduce payroll and benefits costs.
Many solo professionals value virtual addresses for their flexibility, as they let them choose where and how they prefer to work. If you or your team members don’t need to be tied to a single physical location, transitioning to remote work and adopting a virtual address is a professional and financial strategic move for your small business.
Reduce your distractions, find your focus, and be found in the heart of the city with a virtual address.
How Haven Workspaces can help
Looking for a spot to settle in Canberra? Haven Workspaces offers a range of premium workspace options to suit your business requirements. The Haven community is a meeting of forward-thinking minds from government to technology—an environment where your relationships can be nurtured and thrive.
Learn more about our virtual address package and other flexible working arrangements here.
