In central Bangkok, the number of commercial real estate options is increasing. This is something that is also happening in the rest of the world, but Southeast Asia has been particularly receptive to new ideas. The big cities are experiencing a virtual boom, with flexible, mobile office solutions fast becoming the norm.
Nevertheless, coworking spaces and virtual facilities aren’t for everybody. They tend to suit very small teams of less than ten and businesses that are in the early stages of life. In fact, the majority of Thai companies do upgrade to a more conventional lease in the end. Some manage to combine functionality and affordability by opting for a serviced office.
This article explores the benefits of serviced solutions for small businesses and start-ups.
The flexibility provided by serviced offices is arguably the biggest advantage. There is no specific lease requirement when working with these vendors. You can find out more by visiting www.servcorp.co.th/en/serviced-offices/ and reading customer testimonials.
Offices are available on a timescale that suits you. Whether this means two months or two years, it’s your decision. This is very helpful for a small company, as growth is usually inevitable. When the time comes to expand, you’re not locked into a rigid, unforgiving lease.
The Pick of Locations
The most prestigious and respected office facilities are found in major cities like Bangkok. In recent years, some serviced vendors have branched out to rural areas. However, it’s worth considering a move towards the action, particularly if you want to interest big investors.
The interesting thing about serviced workspaces is that they help small businesses secure locations that might otherwise be out of reach. With their highly manageable payments systems, these vendors make even the most luxurious addresses in the capital accessible.
That One Monthly Bill
Now, for the defining characteristic of serviced offices in Thailand. They are, for all intents and purposes, just like traditional workspaces. They are privately rented and used. You don’t have to share the space with other tenants. However, they are provided as complete packages.
The monthly fee is paid for the physical space and everything that is needed to manage it. Cleaning, lighting, heating, water, and air conditioning costs are all covered in the quoted rate. This is how going serviced enables small companies to afford luxury spots in the city.
No More Tedious Chores
The term ‘fully managed’ in this case is as accurate as it gets. If something as trivial as a light bulb blows, all you have to do is call the property management team for a fix. The only thing you need to worry about is supporting your team. Everything else is handled for you.
The serviced facilities in Bangkok are very secure. Tenants cannot access without a unique code. It means that only authorised personnel are admitted into the building. This is another expense taken care of on your behalf, all in exchange for a single monthly payment.
The Value of Being Ready to Change
The flexibility of the serviced model goes beyond custom features and negotiable terms. For a young company, in the first few years of life, it’s a chance to experience all the market has to offer with minimal risk. You might make mistakes, but there’s room to overcome them.
If for example, you experienced several poor quarters in a row and were struggling to afford the current lease, it wouldn’t all be over. Serviced vendors are committed to helping their tenants succeed at all costs. They regularly aid businesses in up or downgrading to suites that are suitable for their size and budget.