March 07, 2016 | Trinh Danh
If you've come to Manila to take advantage of its welcoming business community, then you're not alone. Many of the world's most profitable companies have an offshore home in the Philippines. While these companies have an unlimited budget for monthly office space, this is usually not true for new startups. A new business requires hard work and venture capital. But once you get established, you can build a truly successful company in Manila.
When deciding which office space in Manila is best for your business, be realistic in the amount of money you can spend. New business owners often miss smaller monthly expenses when calculating the cost. These can include Internet fees, utility bills, insurance and other such charges. Hiring employees can also be expensive. Though Manila has many trained workers who are eager to get a good job, employee salaries can take a huge chunk out of your budget.
Looking at Outlying Regions for Office Space
If your business will permit, then search for office space in the suburban areas of Manila. There are many neighborhoods where you can lease office space much cheaper than in the central business district. If you are undecided about the area, then speak to local business owners and ask them about their monthly expenses. Also include questions about whether the area is safe and clean. Small business owners are usually glad to help someone new to the area.
Miscellaneous Expenses to Consider
When thinking about how much to spend on your office space in Manila, remember to include all miscellaneous expenses. Even smaller expenses such as office supplies and equipment can add up as your business starts to grow. Avoid any unnecessary expenses and stay away from activities that can prevent you from focusing on your business. Once a business starts growing, it requires money for expansion. Maintenance and upkeep of your office space in Manila can also be considerable.
If you would prefer having a fixed amount of money each month to pay for all of your office expenses, then virtual office space is a good solution. Many businesses have started out using virtual or leased office space because it's so flexible. The monthly charges are consistent so they are easy to figure into your budgets. You can keep your monthly expenses and overhead low as you build your company from the ground up. This allows you to focus on running a business instead of worrying about high monthly charges for office space and employees.
Get the Business Tools You Need for Growth
Leased office space can be the right fit for many types of businesses. You can get as much space as you need, along with employees and access to office equipment. It's hard to imagine being able to get office space in a luxurious downtown building in Manila for just one low monthly price. And yet that's exactly what you get when you choose Servcorp Serviced Offices. This is a perfect solution for those who work from home or are just starting out in business and have a limited budget. You can lease daily or just a few hours each week. It's up to you. You can get whatever works best for your budget and your business needs.
Servcorp: A Global Leader
Servcorp Serviced Offices have been working with business owners for many years. We provide high quality office space and furnishings so you can grow more successful while staying within your budget. These luxury spaces are available in beautiful high rise buildings located around Makati City. This area is known as the financial and business center of the region. With Servcorp Serviced Offices, the options for company owners are practically unlimited. Get fully trained bi-lingual staff members, professional services and manageable monthly costs. Please call +63 2 755 6500 today to learn more or drop by to tour any of our facilities.