Setting up a virtual office can save a startup literally thousands in office set up costs, leaving these funds open to be pumped into the business as additional capital.
However for a virtual office to be fully functional a number of things need to be taken care of. First and foremost you need a resource such as a computer or better yet a laptop computer and the space where to set up. Usually the space is at home or any other quiet spot where one can work without distractions. Secondly getting the required software for the computers would be a fine idea, normal office software such as word processor, spreadsheets and presentation software. Additionally setting up the communication channels is also very important, forwarding addresses should be set up and voice communication requirement should be sorted out.
Staffing the office is the next important step since you cannot obviously handle everything on your own. This is where the internet comes into play. With the internet, sourcing for staff across the globe has been simplified making the availability of cheap labor a reality. Additionally with the internet various tracking software are available that can be used to monitor whether the employees are working or not.
Once the communication and space set up has been set up you are in business. The benefits of the virtual office are many but as a business the running costs of the business are thoroughly minimized with the complete elimination of other costs. A virtual office provider can help you deal with all of this also.
It should be stated however that virtual offices are highly dependent on computers and software and thus care should be taken to back up the data regularly since computers may crash thus crushing the entire business. However these can be taken care of by installing of various software and antivirus that can maintain a computer.