Davinci Blog

4/18/2016

Why Small Businesses Are Opting to Go from Physical to Virtual Offices

The overhead of leasing physical office space is substantial for small businesses. On average, nearly 10 percent of a small business’ expenditures are on office space (ranking behind only employee wages and inventories).

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9/17/2015

Virtual or Permanent Office? Answering the Cons of a Virtual Office

Over the past decade, technology evolution coupled with changes in the workplace have transformed perceptions of small businesses and their customers toward permanent office space. While a physical office is a requisite for the needs of some small businesses, it no longer is a requirement for many. New startups are increasingly choosing virtual office strategies rather than signing leases for physical office locations. Further, small businesses with existing offices are giving up those locations in favor of virtual offices.

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4/12/2010

The Value of Virtual Offices in a Recession

The economy is definitely improving in many areas, but the arbiters who declare the beginning and end of economic woes aren’t quite ready to declare an end to the Great Recession just yet.

On Monday, the National Bureau of Economic Research, the group of economists who make the declarations, declined to signal an end to the recession it said officially began in December 2007.

“Although most indicators have turned up, the committ...

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