In today's world a huge part of business success is actually down to presenting a face that presents trust and confidence to both the market and the consumer world. The devil truly is within the details, and the way members of the company present themselves, is just like campaigns and press releases an important part of corporate branding.
It is a multi-billion dollar industry in some parts of the world to build the correct perception of a company. This applies even to those who are just starting out. Being cost effective is one thing but compromising on quality is quite another. Starting out a business from the cradle of your home is a good thing, but stagnating there and using your home address as your primary office mailing address could be the wrong step that could lead to a whole host of problems later on. The importance of a registered office address lies in its ability to define the company that is using it and gives the persona of professionalism that every business need.
A registered office address, is a way to present an image of professionalism. You might have a killer product, you might have great presentation skills - but all these can be outdone by a shoddy mailing address that happens to be in every flyer, brochure and book that you publish. The bottom line is branding and a key component in a successful brand are the intangibles - trust, believability, confidence, history. Once you lose that confidence, then your brand recognition among your clients and soon among the rest of the consumer populations will go down the drain and you will slowly see those profit margin figures follow it dutifully.
Therefore it is useful to think about hiring the services of a virtual office provider such as HDS who has packages which are cheap and offer basic services like a registered office address and simple mail collection, which is the first step in building reputation.
There you have it, an integral reason why anyone with the need to succeed in a business should own a registered office address. The cost is low and the benefits far outweigh the tiny investment that you have to put in to start on the road to business success and financial freedom. This is the importance of a registered office address; it can make or break your business.