Executive Suites and Virtual Offices

In the early 80s, an architect named James Blain saw an increased need for single story office buildings that specialized in allotting office spaces to tenants who sought flexible lease terms and minimal overhead expenses. Thus, the concept of the executive suite was born. Executive suites are sets of individual offices sublet from a larger suite of offices. The executive suite proprietor will rent entire floors and buildings to large companies, and will lease smaller office spaces to medium-sized companies that may not have the budget or need for more extensive office space.

 

Executive office suites have been providing the facilities and services that companies need to maintain their operations for more than three decades. The advantage of leasing office space in an executive suite is the provision of a fully serviced professional office environment. This allows company employees and executives to concentrate on their core business responsibilities and strategies. Executive office spaces continue to remain popular in major metropolitan areas all over the world and are a staple in central business districts or CBDs.

 

Another innovation came in 1989 with the invention of the virtual office. The virtual office is the brainchild of American entrepreneur Ralph Gregory. He wanted to maintain a professional business operation but wanted to stay at home to be with his newborn daughter at the same time.

 

Virtual office space charlotte has revolutionized business operations and this is largely thanks to improvements in telecommunications and the Internet. Virtual offices don't require business owners and employees to work in a permanent location. Instead, devices like laptop computers and cell phones, and telecommunication technology like video conferencing and high-speed Internet can link employees together without physically seeing each other. Hence, virtual offices provide significant savings as opposed to traditional office space.

 

Moreover, employers are not restricted to hiring employees locally when they take advantage of virtual office space. They can source employees in all parts of the globe. Many virtual office space cincinnati even offer their clients some of the services associated with physical offices such as professional sounding addresses, professional phone answering services, and efficient mail rooms.

 

Despite the effects of two worldwide recessions, the executive office space cincinnati industry has continued to grow and thrive in today's market economy. In the current economy, many proprietors of large office buildings will often sublet their office spaces to smaller companies until they can find a larger tenant to rent most of their office space.

 

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