Is a Virtual Office More Cost-Effective Than a Traditional One?

Cost Breakdown

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* Depreciation of furniture, printer, and internet

** Monthly fee for a virtual address and the basic service package (mail scanning & forwarding)

• Office rent: downtown prices range from 800 KM to 1,200 KM.
• Utilities & maintenance: electricity, heating, water, and cleaning total around 450 KM.
• Equipment & furniture: includes depreciation of desks, chairs, and office equipment.
• Staff & admin: minimum cost for a receptionist or junior admin.

Savings Example

By switching to a virtual office that costs about 150 KM per month, you achieve:

• Traditional office: 2,000 KM × 12 = 24,000 KM per year
• Virtual office: 150 KM × 12 = 1,800 KM per year
• Total savings: 22,200 KM

You can redirect that savings into:

• Business development
• Marketing
• Team bonuses, etc.

Additional Benefits of a Virtual Office

• Flexibility: adjust the number of addresses and services with no hidden costs.
• No deposit or long-term contracts: cancel anytime with 30 days’ notice.
• Meeting rooms “on demand”: pay only when you actually use the space.

Steps to Switch to a Virtual Office

1. Research and compare packages by location, price, and scope of services.
2. Verify the legal validity of the address and contract terms.
3. Sign the agreement and activate the address.

Read more in detail about how to get a business address without renting space in this article.

Conclusion

A virtual office can be up to 90 % cheaper than a traditional office while providing the same professional image and administrative support. Virtuo offers you a cost-effective alternative well worth exploring.