In this fast-advancing technological world we live in, more businesses are making the transition from a brick-and-mortar workplace to a virtual office. When you eliminate the overhead costs of maintenance, rent and insurance a physical location requires, you can pass the savings on to your customers, clients and vendors; you can also reward your employees with more pay, perks and bonuses.

A virtual office can run with the same level of efficiency as a traditional workplace setting. Digital tools for time management, communication, database record keeping, answering services and conference calls can all be handled on a virtual platform. Here are some of the most rewarding aspects of running a virtual office.