Advantages and Disadvantages of a Virtual Company

Small Business Start Up - virtual company
Name
Course
Date
A virtual company has no established physical location, and can be operated from anywhere and there is freedom to choose the most ideal location rather than an office. The cost of running a virtual business often much less than the cost of operating a traditional business because there is minimal infrastructure while access to computers and internet are essential. One can also get remote support staff at a lower cost. Nonetheless there are disadvantages as some employees require structure and supervision, while others are distracted and less productive working in virtual environments unlike the a traditional office, a virtual workplace it eliminates the social aspect in conventional workplaces and there is no face-to-face communication to enhance teamwork (Nemiro, 2016). There are also difficulties ...