New Covid-19 Midlands Lockdown soon to be extended? Protect your business today with a virtual office.

Alan Clerkin

Alan Clerkin

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As of midnight the populations of Kildare, Laois and Offaly will be on lockdown for the next two weeks.

Taoiseach Micheál Martin also said cafes, restaurants and pubs in these three counties will close from midnight for two weeks as well as cinemas, theatres and museums. There will be no sporting events or matches and all gyms will close.

People in the three affected counties will only be allowed travel within their own county, unless it is for work or medical appointments, or for family reasons.

The Chief Medical Officer also stated, he cannot rule out county extension to this lockdown. It seems, this is the new norm, partial and geographical lockdowns, disrupting all aspects of daily business, life and movement.

In a recent report from the cross-Border trade body Intertrade Ireland more than half of Ireland’s businesses are in decline following the recent Covid-19 lockdowns. The latest results from InterTradeIreland’s Business Monitor (Q2 2020) make for stark if unsurprising reading. Before the pandemic, 42% of businesses said they were in growth mode; this has now dropped to 15%. More worryingly, the number of businesses across the island that are in decline has jumped from 7% and now stands at 53%. The dizzying speed of contraction is unprecedented and points to the rapid action needed to help combat the spread of Covid-19.

Are you in the midst of setting up a business?, are you currently renting an office to big for your requirements or even questioning having an office at all? Like what is the point in having an office, you may ask yourself: you are never there and with Covid-19 lockdowns a way of life for the next 12 to 18 months, you may look into having an alternative to a physical office i.e. a virtual office.

In a recent survey carried out by recruiter ‘Robert Walters’ found that 37% of businesses in Ireland are considering a downsize in office space. The findings went on to state, ‘Moving entire teams to a remote working model can allow businesses to reduce their office space, resulting in significant cost savings.

Firstly the main advantage to a virtual office service, is you don’t need to be in a crowded or shared office space.   You are reducing your exposure to Covid and to those around you.  As mentioned by the WHO this crisis will be with us long into 2021 and businesses need to make planning for such measures going into 2021 and 2022. 

Secondly, with great uncertainty now and into the future and maybe a falling balance sheet, by setting up a virtual office service, you are freeing up a lot of cash that would otherwise would be spent on rent, rates, parking, utility bills. For a small business we are talking thousands of Euro ever month and year. This could be the make or break for your business to glide you through this crisis for the next 1 to 2 years. Why take the risk of not getting a virtual office!

With a virtual office in place you can still have a functional business with a central Dublin business address, which you can use on your website, registering your company, taxation and banking. You can still have a dedicated phone number, with the addition of calls being answered in your company name, professionally by one of our receptionists. You can also have use of on site meeting rooms to meet you clients or staff.

With a virtual office and remote working, you or your staff can still carry on a functional business remotely, make appointments, calls are still answered, accounts are still done and meetings can be held physically at the virtual office or virtually via Zoom for example. If a business invests in decent technology such as accounting software, email systems and security, working remotely and via a virtual office is much easier. There is nothing you can’t do remotely that you did from your office, think about it.

So consider the massive cost savings a virtual office can make for your business today, to glide it though this once in a century crisis. It could be the difference between surviving this crisis or not.