Recently came across an article on Venture Beat which analyzes a survey where most businesses have already or are looking to opt for virtual/remote working options in the future.

Just 15 percent of the small- and medium sized businesses we spoke with utilize a traditional office model, where employees work from one central physical location. And 45 percent of survey respondents – including those traditionalists – spend more than three-quarters of their time conducting business out of the office. Read more…

The reasons for this shift towards virtual setups and remote working can easily be pegged at:

• large amount of information storage on the web using SaaS tools, apps and collaborative solutions.

• Business transactions taking place via email, chat, twitter etc..

• Wi-fi internet is accessible almost everywhere in the metro and big cities

• the new smart phones enable people to carry their office in their pockets

Businessmen are now more free with where they do their business. Going for a far off meeting does not mean losing out on the business at office. Inevitably virtual offices are an easy, low cost option.

What are your thoughts? Does your business have a virtual setup?