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Soaring Global Office Rates Get Everyone Going Virtual!
LONDON, July 5 /PRNewswire/ -- Soaring office rates mean soaring business for Virtual Office provider City Office, as large corporations and small to medium sized businesses follow the lead of entrepreneurs and start-ups, in making the switch from conventional to virtual. City Office now has around 40% of its client base made up of SMEs and large corporations, some of which are NASDAQ-listed. This comes alongside news that London tops the international city league for office rates, which at present, dwarfs previous rivals such as New York, Tokyo, Hong Kong and Paris. Simeon Howard, sales manager of yourcityoffice.com says: "Virtual Offices are fast becoming the essential business service, but not just for entrepreneurs and home workers looking to start-up. Let's not pigeon hole this service as only for micro-business. "It's a great way to expose services to emerging markets or sectors, enabling businesses to expand internationally, with a limited risk factor. We live in a high-tech world where boundaries are being bridged to give the end users flexible working environments, without the overheads. Given that we have seen rents rise in 74% of the global markets, and a decline in only 6%, the cost of a Virtual Office is roughly 5% of the cost in having physical office space, so it's definitely a great way to get started." James Knight, an avid entrepreneur, agrees, "Not everyone has the capital investment needed to get their ideas off the ground, never mind having the luxury of being able to work in a prime office environment. At a cost of GBP79 per month, I was running my business from a Mayfair business address and having a receptionist answering my phone calls in my company name". James is talking about a service that, surprisingly enough, has been around for over a decade. Virtual offices in prestigious locations around the globe offer their clients the use of their own addresses as a business service. Clients can publish the address on corporate stationery to marketing material, as if it were their own. Mail arriving for clients can be held for collection, or forwarded to any location around the world. Additional services such as meeting rooms for conferences and virtual receptionists with live telephone answering are also available. For information: http://www.yourcityoffice.com
