If you’re looking for excitement and adventure, there are few locations as fitting as Thailand. Whether you’ve got a great idea you want to launch in a fertile market, or you’re eying up an overseas expansion, this corner of the world has a lot to offer. Crucially, part of its charm and suitability can be attributed to its diverse business culture.
Thailand is a very friendly region for small businesses and entrepreneurs who appreciate innovative workspaces. Serviced offices are a big hit here because they give companies all the security they need without asking them to compromise on autonomy.
You can also read this handy guide to the benefits of serviced offices and what they can do for business tenants.
Figuring Out the Basics
It’s important to understand what the term ‘serviced office’ means before you sign any agreements. Essentially, these workspaces are fully managed. They are self-contained, third-party monitored suites. This means that all of your needs are taken care of by an onsite team.
It also means that key utilities are included in the quoted rental price. Tenants pay one fee per month, and this covers heating, lighting, cleaning, broadband, and air conditioning costs. Other resources are available, and you can add them to your office package if needed.
The Big Benefits of Going Serviced
The Freedom to Do You
According to a recent study, the main motivation for working with serviced providers, as opposed to traditional landlords, is the amount of freedom afforded to tenants. These vendors do not require long-term leases, and there are no penalties for early termination.
The focus is on providing an environment that fits the needs of every user. For this reason, most of the terms are changeable. For instance, if there’s a feature or resource that you feel isn’t useful for your particular operation, you’ve got the opportunity to stop paying for it.
Pay for What You Need
This privilege lies at the heart of serviced offices and other flexible workspaces in Thailand. These providers know that managing expenses is hard and that overheads can quickly mount and become a real burden. They give support by allowing full control over what is used.
It is something that would cost you more with a conventional lease. After all, in most cases, a standard office rental is just that – you have to accept whatever is included in the quoted price. At least with a serviced suite, you can tailor the environment for maximum productivity.
A Location to Love
Finally, the serviced offices in Thailand are situated in some of the liveliest retail and financial districts. These facilities are deliberately placed close to areas where a lot of business activity occurs. The idea is that, by associating yourself with them, you get a major boost to your brand.
Addresses of this calibre can be very pricey, but a serviced office comes with all of your logistical needs included. Therefore, it’s much easier to manage your spending than it would be if you were paying out to three or four different companies.
How to Make Sure You’re Always Ready
It’s worth mentioning the impact that flexible workspaces can have on future prospects. Opting for a managed office may seem like a simple move, but it can have profound consequences. Crucially, these rentals give you the opportunity to follow the market and its fluctuations.
If economic conditions are hostile and you have a bad year, you’ve got the option to downgrade to a smaller office and save your business. Similarly, if you have a bumper year and want to take advantage, it’s just a matter of asking for a switch to a bigger serviced suite.