There is no limit to cyberspace. It is humungous and never ending. Amongst all the advancements that you have noticed people talking about, there is another in the name of Virtual Office, which is just like any other office that you visited recently, with an exception that it does not have any physical presence. This kind of a setup enables a person to run an enterprise without the need of an office space. You could too run a virtual office, and the things that it requires is an internet connection, a tablet or a PC and even cell phones for that matter.
It brings a lot of flexibility in terms of the time and money that you can invest in running an office. Since it is not in any physical location, it will not incur costs on travel expenses to and from office, building maintenance, lease and a lot of stuff. You could use video conferencing to conduct everyday meetings or talk on phone to discuss queries or any questions that you may have. Technology also allows you to get the signatures over the internet, with utmost safety, so privacy is also not a concern now.
This is the age of information and technology, and when you combine both of them, then that is where the idea for a virtual office came to our minds. Not only that, the concept of working from a remote location or from home, these styles of working have also influenced a lot into the development of virtual office. Both of them are parallel, indeed. The industries have continued to evolve and the concept of virtual business works wonders for the executive suite. However, there are still a lot of businesses that cannot make use of such a concept, because a lot depends on their physical presence. Many companies have both virtual and physical offices, and they render a lot of services through their virtual offices like they do from their physical address.
People might think that everything is good about this concept, but it could only be a myth, by the time they realize that there is no physical interaction. Although, you would still be greeted by your fellow business partners electronically, it is still a different feeling to meet them in person in case they are in the same country as you are. However, since your motive is to make big dollars, you often choose to neglect every other factor that stops you from completing your motive.