A business address can be described as a separate address used for business operations. As most start up entities are one-person operations, obtaining a business address can seem to be far fetched. A business address may not necessarily be the physical address, and is more than just an address that’s recognized by the post office. It plays a great role in establishing your company, cultivating relationships with clients and vendors, and continuing to do business going forward. Here are some situations in which you might find a business address will come in handy.
Professional image
If you haven’t already, you will find out that company registration, tax registration, and signing up for essential business permits require a business address. Every business is required to have a business address and ideally this would be separated from a personal home address. Listing a home address comes with a level of exposure and lack of privacy that you cannot take back. Startup owners ought to go through the pros and cons and see if they would be comfortable with that arrangement before making the choice.
Formality
Having a business address can cultivate a more professional image for clients that are considering doing business with you. Most entrepreneurs use home addresses and this may not necessarily be a bad thing as it does provide consistency. However it may not necessarily give a formal, and traction impression to potential clients and investors. A business-dedicated address can help a startup business obtain a formally respectable image.
Physical space
Apart from providing a professional image, startup businesses need a consistent place to meet their clients and investors. A business address proves handy for those who prefer not to take meetings at home or in restaurants. Eight2Five Innovation Hub has the right space that caters for both address on paper and office space with access to board rooms without the high maintenance costs otherwise accumulated.
Traceable location
Considering the growing importance of online advertising, having a business address will help position your startup on the map. Businesses with identifiable addresses are easier to track and more favourable as they seem more legitimate. Setting up an address for your business will be an investment in marketing too. A business phone number will be a great compliment and add more value.
Community
A business address places your startup in a community and gives the impression of local investment. Last week we shared that business communities and communication is one key element towards achieving that for your business. Having a dedicated address helps to improve relations between small businesses through enhanced communication between colleagues and clients.
The beauty of the co-working space offered by Eight2Five Innovation Hub is that it is more than a desk to work on. Among other things, the hub offers solopreneurs and small companies, a business address where you can send mail and register the formal necessities for startup business. It also provides a consistent and respectable space to entertain one’s clients. Visit our website today and find out how your business can benefit from this opportunity.
