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1 Virtual office and branch Office on Fri 21 Feb 2014 - 10:44

Priyanka Rajora



Virtual office and Branch office
Virtual office:

A business location that exists only in cyberspace ( electronic mode) is referred as Branch office. A virtual office setup allows business owners and employees to work from any location by using technology such as laptop computers, cell phones and internet access. A virtual office can provide significant savings and flexibility compared to renting a traditional office space. Meetings can be conducted via teleconferencing and video conferencing, and documents can be transmitted electronically.
If the business has employees, each employee can work from the location that is most convenient for him or her, and the business is not restricted to hiring employees that live locally. The virtual office arrangement thus expands job options for employees and hiring options for businesses.

Branch office:

A location, other than the main office, where business is conducted. Most branch offices are comprised of smaller divisions of different aspects of the company such as human resources, marketing, accounting, etc. A branch office will typically have a branch manager who will report directly to, and take orders from, a management member of the main office.

Branch offices are useful in that it allows the administrative aspect of the business to be conducted in locations around the globe.





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