User:Tatjana Medvedev/sandbox

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1.	Virtual company

A virtual company employs electronic means utilizing today’s technology to deliver services and communicate with clients by working remotely. Consultants engaged are considered to be a group of entrepreneurs gathered around one company operations to provide unified product while partially or fully working remotely. Virtual company uses new technologies to deliver services to clients globally. In small portions conservative or standard type companies have started delivering projects and services away from their main office location. Virtual company professionals are just expanding that concept and offering more services in more places with comfort of outsourcing and strategizing flexibly. Virtual business is introducing smart operations with quick process improvement along the way. Heavy reliance on technology keeps them well informed of new products and trends. Virtual company have a potential to know more about their client’s business and be more in sync with their operations and requirement. Virtual assistants and therefore virtual company are provided to better know their client’s expectation and provide personalised service. Benefits of virtual companies are: •	Low start-up costs; •	Running lean business operations; •	No office expenses; •	Advantage of delivering digital products; •	Work –life balance; •	Flexible people per project capacity; •	Expandable or flexible to slow down at times; •	Customised client relationship. In the future more companies offering architecture, design, Virtual Urban Design Company can operate as virtual companies and deliver digital products around the world.