Most beginners undermine the need for a Virtual Mailbox with a Commercial Street Address for lack of knowledge. But it’s crucial for improving a business’s professional appearance and showing credibility to potential investors.
A Virtual Mailbox with a Commercial Street Address lets you receive mail and packages without interruption. It also gives your company an international presence, especially in the United States.
Are you ready to learn the need for a Virtual Mailbox with a Commercial Street Address? Join us as we discuss everything novices should know about the service and how it differs from a PO Box and residential location. Let’s get started.
What is a Commercial Street Address, and why is it important?
The commercial street address is ideal for business purposes. It often points to retail plazas, warehouses, shopping centers, and office buildings.
A commercial street address is crucial for improving your business’s professional appearance, especially when starting as a novice. Besides, it shows credibility to your bank, partners, potential investors, and customers.
You need this information to register your business online, whether an LLC or a corporation in the United States. It protects your privacy and is necessary to open and maintain a business bank account.
With a commercial street address, you can receive packages from the U.S. Postal Service and all couriers, such as FedEx and UPS.
Commercial Street Address vs Residential Address
Remote workers and many startup founders enjoy working from home because it’s free. You also get mail and packages delivered to your doorstep with a residential address, but there are downsides:
- It doesn’t give your online company formation a professional image to investors, vendors, and customers.
- Most merchant services and banks don’t accept residential addresses from corporations or LLCs.
- Using your residential address raises safety and privacy concerns because it’ll appear on state and public websites. Angry or dissatisfied customers might pay you an unscheduled visit.
But a commercial street address keeps your company formation registration documents and home location private to protect your privacy.
Commercial Street Address vs PO Boxes
If you’re a startup founder ready to control costs, consider using a post office box (PO Box) as your company address. It’s a lockable mailbox, usually in a physical location or office. Users can rent the space for business and personal purposes as it’s cheap and monitored 24/7.
Although a post office box seems convenient for startups, it has disadvantages. Here are a few:
Business Registration Restriction: You can’t incorporate your business online as an LLC or corporation while a PO Box is your primary company address.
Bank Account challenges: Financial institutions don’t recognize a PO Box address as a legitimate location. Therefore customers can’t open a bank account with it.
Lack of Business Presence: PO Boxes don’t appear on Google Maps because the technology doesn’t accept them as a business location.
Travel Time Inconvenience: Receiving mail at your PO Box is a hassle if you have a separate trip to work. Although you might save time by checking the PO Box several times a week, you might miss important mail with deadlines.
However, a commercial street address is helpful when opening business bank accounts for an LLC or corporation. Lastly, it has no delivery restrictions and improves your professional business image.
Do Virtual Mailbox Providers Offer Commercial Street Addresses?
Many virtual mailbox services provide a commercial street address, letting you avoid all issues associated with a PO Box or residential location. Enjoy the benefits without signing a commercial lease or relocating the business.
Choose your commercial street address carefully
Since virtual mailbox services are unequal, not all commercial addresses have similar professional business appearance levels.
You might have struck gold adopting a virtual mailbox service offering a commercial street address, but selection requires careful consideration.
- Research the area and confirm if it’s good or bad before selecting a location as your commercial address. Access the business in the surroundings and check if it appears on Google Maps. Your location matters because it’s integral to your business operations and helps customers find you.
- Ensure the commercial building is in perfect condition. Check what the structure looks like. If it’s a run-down, it’ll affect the business perception and send a wrong signal to customers.
- Consider a well-maintained property with clean windows, doors, and a façade that’s inviting before setting up a company online.
Remember that some virtual mailbox services don’t provide locations with a professional appearance. That’s why knowing the area for your commercial address is crucial for market research.
With BusinessAnywhere virtual mailbox, you’ll get a permanent US mailing address to receive, scan, and send mail and packages.
After learning why you need a Virtual Mailbox with a Commercial Street Address, it’s time to improve your business image. Getting things right in the early stages is crucial for every business, and choosing this technology puts you on the right foot.
Instead of choosing a PO Box or home address, a virtual mailbox commercial location can leave a good impression on partners. It can also improve business connections and ease bank account registration issues.
A virtual mailbox commercial address has legal advantages over a PO Box or residential address. Lastly, it guarantees the security of your private information and safeguards all documents.