If you are on the hunt for your very first office, it is important not to let excitement tempt you into rash decisions. It is a thrilling time for any entrepreneur, but making the right moves now can mean the difference between success and failure later. For instance, finding the perfect spot in a busy, lively city should be a top priority.
In Thailand, this means any of the central business districts. Addresses like Wireless Road and Silom Road, in Bangkok, are highly sought after and guaranteed to impress investors. They are not the only thing you need, however, so look for an office with flexible terms, a negotiable lease, and high-quality corporate resources.
Keep reading for some tips and tricks on finding the perfect first office and launching your company in the right way.
Identify Your Needs
You cannot expect to find your dream office if you do not have a good idea what it looks like first. So, sit down with your team (or your partners) and discuss where you will and will not compromise. It is a good time to discuss the viability of co-working spaces. Visit www.servcorp.co.th/en/to check out the benefits of virtual offices.
Consider the Options
Before you make a move, consider the range of office options available to you. It is not all about long term leases and lock in contracts anymore. If you are keen to increase the amount of collaboration in your company, try virtual suites. Or, if you want to combine privacy with low overheads and more control, why not opt for a serviced facility.
Seek Out Your Demographic
Wherever you decide to set up your business, it is a good idea to position the base close to the people you want to attract. For most countries, this means a major city. In Thailand, the capital of Bangkok is filled with entrepreneurs and tech start-ups, because the region is densely populated and providesaccess to a robust talent pool.
Embrace the Culture
If you are expanding or starting a business overseas, you need the support of the locals to be a success. Many smaller ventures actually launch from virtual offices and move into private workspaces later. Not only is this a great way to minimise downtime and maximise profits, but it is also the best way to start networking. With such a diverse array of clients, all working from one space, it is easy to strike up conversations and make new contacts.
Cater to Your Workforce
Whether you are taking your existing team with you or building a new one, try to accommodate the needs of employees when picking an office. If possible, choose one which is close to transport links and easily accessible. The less effort they have to put into getting there, the more they will have for creativity, inspiration, and endeavour.
Don’t Prioritise Cost
While this might sound like counter intuitive advice, the reality is that there are office solutions to fit all budgets. So, you can afford to make the quality and availability of corporate resources a bigger objective. Make sure that the infrastructure is right first. Place connectivity at the top of your wish list; high-speed broadband is essential for all modern businesses.
Why Business Success Can Be Certain
It is possible to make success an inevitability if you can learn to strike a balance between spending and investment. Flexible office solutions are a valuable asset because they enable tenants to exert a lot more control over what they use and how. You can tailor your corporate package to fit the needs of your company and ensure that not a penny goes to waste.