There are a lot reasons why you might be hesitant to start your own business, and many—if not all—of those fears are rooted in outdated myths. The business world is becoming increasingly more digital, and with that comes a lot of perks. If you are looking to start up a company, there are many virtual and remote services available to help you along the way.

With so many services at your disposal, it is easy to dispel the myths that are holding you back. Here are just five myths about starting your own business and how virtual office solutions disprove them:


  1. You must have a physical location




The number of successful online businesses is steadily increasing, and as a result, the need for leasing an office is in decline. Even if you need a space to meet with clients, it is far more cost effective to rent meeting rooms for the specific number of hours it will be actively in use. You can create the appearance of a physical location through meeting room rentals, a virtual office address, mail forwarding, and even lobby directory listings—all without paying a cent toward leasing an office space.


  1. You must spend a lot of money to have the latest technology




It is true that while we use technology more in our personal lives, the demand for businesses to keep up with the latest technology becomes even more crucial to success. However, you don’t need to spend a lot of money to obtain the latest technology and create a greater online presence. Services, such as a virtual office space and a virtual receptionist, can provide the best technology available and save you thousands of dollars on equipment and office supply costs. Additionally, live virtual receptionist services can include web chat, online appointment scheduling, and order processing—all affordable online customer support services that can assist you in creating a strong online presence.


  1. Expensive start-up costs are unavoidable




Rent, utilities, equipment, employee expenses, technology, and administrative costs are just some of the standard costs when starting up your own business. By creating virtual office space solutions, you can dramatically reduce the costs of each of these expenses. Renting fully equipped meeting spaces when you need them and hiring a virtual receptionist with state-of-the-art phone and web services instead of an on-site staff member can immediately cut start up costs by thousands of dollars.


  1. General operating costs are too high




Similar to your start up costs, there are general operating costs that can add up. By working remotely and maintaining the appearance of a brick and mortar business, you can have all the benefits of a local, professional address without the beastly monthly lease. With the help of a live receptionist handling customer service and tech support for you, you have more time to manage your business and create more revenue. Hiring a virtual receptionist for as low as $149 per month, you eliminate the need for operating costs such as employee salaries, office equipment, and maintaining a workspace.


  1. Small companies aren’t perceived as credible




Small companies can, in fact, be perceived as credible as large corporations, even if they don’t have a large staff or physical location. You can establish a credible brand simply by fostering a professional image through virtual business solutions. Meeting room rentals not only save you money, they create a professional and friendly environment with prime locations, lobby greeters, and secretarial services throughout your meeting. This image extends past face-to-face client interactions. With exceptional customer service across multiple virtual platforms, a live virtual receptionist increases your brand’s credibility on the phone and on the Web.

Starting up your own business is easier and more affordable than ever. You can work from home and still have the all the tools you need to succeed. Save money and have an edge over the competition with virtual office solutions.

Overcome what’s holding you back and contact Davinci to assist you in starting your own business today.