Virtual office in Singapore
This has become a highly discussed topic among the business professionals who plan to start a new business in Singapore. Most find it advantages that they do not have to make a long-term financial commitment to a traditional office lease. There are various advantages of having serviced offices in Singapore. Let's explore the major groups who might be benefited by such offices and the advantages.
The companies who are in the middle of a relocation get highly benefited from this type of offices as it gives them the chance to seamlessly shift the office operations giving an uninterrupted customer service for the clientele. As keeping the customers in the loop is vital for any business the first step most businesses take is to search for serviced office for rent in Singapore. As most serviced business premises are available for short-term leases this has become a very practical solution until the company relocates and have things under control. A serviced office is fully operational office with all the infrastructure in place.
Those who require an office space for a specific project is another group who gets often benefited from serviced offices in Singapore. Some companies require office spaces only for a specific project or a contract from a specific area for a limited period. So they specifically look for office spaces for short term contracts. A classic examples would a film crew who is doing a feasibility research or a production, or an advertising company carrying out a special advertising campaign. And new branches of international companies who initially want to explore the business hoping to expand later also search for a serviced office for rent in Singapore.
Serviced offices in Singapore
The start up companies and the SME’s find the concept of virtual offices quite advantages as they do not have to commit a considerable investment initially. So most of the young entrepreneurs start their business with a virtual office in Singapore until they stabilise their business so they can spend their capital for the growth of the company. Since the virtual offices come along with addresses of prominent business areas it will help to project a credible image to the clients and possible business partners. Another advantage of having a virtual office in Singapore is that they offer very flexible lease arrangements. Depending the company that provides the virtual office facilities, the lease agreement can be as minimal as a week or up to one year. Some virtual office providers broaden their services by integrating human resources and accounting services also for the virtual office so the company can function just like any other large scale company. In addition, since lately while the financial crisis is affecting all the countries around the world, virtual offices in Singapore are becoming more popular among the medium scale businesses as well who want to cut corners and pump more money to their investments.