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Should You Have a Virtual Office?

Going virtual might be just what your company needs to save cash, increase profits and expand.

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This story appears in the October 2005 issue of Entrepreneur. Subscribe »

Just because you need employees doesn't mean you need an office with all that overhead. Why not build a virtual network of employees where you communicate with each other via phone, e-mail and fax to get the job done?

Husband-and-wife entrepreneurs Greg Chagaris, 59, and Anthea Stratigos, 45, did just that with their and , Outsell Inc., in Burlingame, California. For four years they ran the business from a traditional office space with employees. But in 1998, Stratigos interviewed a highly qualified job candidate whose husband had recently been transferred to Maine. Says Stratigos, "[Greg] and I looked at each other, and that was the sign from the universe. We went with it."

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