PHOTO - William Willems, regional vice-president, for Regus Australia, New Zealand and Southeast Asia.
Demand for virtual office by small companies and home business has increased by 163 percent due to the need to promote a better image and receive more support, said global flexible workspace provider Regus.
According to the company's global annual survey, demand for virtual office services increased by 163 percent in the period from August 2010 to August 2011, said Regus regional vice president, Australia, New Zealand and Southeast Asia, William Willems.
"With hundreds of customers in Malaysia, the company attributes rising demand for virtual offices to home-based and small businesses looking for workspace support that is low cost, low risk, and can dramatically increase productivity," said Willems.
"Even though the economy in Malaysia is recovering, small businesses are acutely aware of the need to control spending," he said. "Virtual offices offer home businesses, start-ups and companies entering the Malaysian market, the benefits of a staffed office - such as a professional business address, and a professional receptionist to answer the phone - without the expense, risk and management time of setting up a physical presence."
Headquartered in Luxembourg, Regus offers flexible workplaces with services to more than 900,000 customers a day across 1,200 locations in 550 cities and 89 countries.
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