Virtual Company by S.Bhattacharya, PhD
Virtual Company has no physical space and some physical assets Most of the activities and transactions are done remotely and online. People often only think of virtual businesses as the realm of freelancers, web designers, consultants and other "free spirits." In reality, there are many candidates for a virtual business model: • Creative companies • E-commerce and drop-shipping services • Knowledge and information based businesses • Outsourced services such as sales, marketing or administrative talent, Accounting, Strategies, Authors and speakers • Remote workers often have home offices, but travel to conduct business in other cities or meeting points Benefits to choosing a virtual company: • Inexpensive to Set Up: Physical businesses typically incur a lot of upfront expenses and equipment purchases. Virtual companies have few upfront costs, as are most services online. • Easy to Set Up: Many services are now available to make it easy to start a business, from on...