Virtual Office in the Philippines: Why do Milllennials Prefer Working in Shared Spaces

Why do millennials prefer working in shared spaces?

  1. The choice to work alone or with others
  2. Harnessing more motivation
  3. Autonomy and security

 

 

Millennials require more flexibility in the workplace compared to previous generations, according to the Deloitte Millennial Survey 2017. Flexibility is positively correlated to organizational performance and employee satisfaction. Furthermore, companies can easily implement this more to improve performance by moving work to virtual offices in the Philippines. These are the reasons why renting a shared space can benefit your employees, and in turn, benefit your company:

 

 

They can easily choose to work alone or with others

They can easily choose to work alone or with others

Contrary to popular belief, shared spaces do not mean collaboration 100% of the time. Most of these offices have been also been built or ordained with structural arrangements to give employees peace and quiet. Also, technology has made it easier for them to inform other coworkers or leaders of updates, without the need for face-to-face interaction.

An office space for rent in Las Pinas is not only adorned with rooms that are usually occupied each by a different business, but also with a central area is fully-equipped with couches and chairs for people who want to work alone.

 

 

They feel more motivated

The design of a workspace reflects the culture and attitudes of a company. When the office is blandly designed to be a bleak set of cubicles with one computer, it can easily make an employee feel like he or she is in a very constricted in a cold and sterile environment. Its tight and personal interaction is kept to a minimum. Over time, the employee may find the company too inflexible and isolating to work in and resign.

People are more motivated when they also can also relate with others easily.  Humans are more motivated to work with people who they consider part of their community. Because of this, a positive office environment is also directly related to the quality of relationships among co-workers.

High-quality relationships are built first by effective communication. Co-workers and team leaders practice this by listening to each other and offering advice and criteria for improvement. Lastly, trust is established at work when people can trust you to deliver responsibilities. In an office space for rent in Las Pinas, your colleagues can easily see if someone worth trusting and talking to because everyone sits next to each other.

 

 

They can both have autonomy and security

They can have both autonomy and security

Millennials are more loyal to companies now because of the many political and social problems that have occurred recently and desire to have an office that makes them feel secure. Additionally, this loyalty is increased when employees are given a lot of responsibility from the office as a whole.

A virtual office in the Philippines inspires a lot of autonomy because they give staff options that they ensure higher-ups, not to abuse. In a 2017 survey about millennials, 33 percent of people who are working in a flexible environment, see themselves staying there above five years, while only 22 percent said the same in an inflexible environment,

 

 

Key Takeaway

With each passing day, millennials are constantly changing the face of business and professional innovation. Employees are a company’s most important resource. Flexible spaces are a good investment for companies because it benefits their staff and ultimately, them.

Economic Benefits of Using an Office Space for Lease in Paranaque

What are the economic advantages of leasing an office space?

  1. Cost-effectiveness
  2. A multitude of options
  3. Growth in the industry

 

 

Startups and small businesses have to think wisely about the office space they are going to use. When you have an office space, you also have to think about future expenses such as utilities, cleaning, etc. Because of these costs, it might be more financially smart to use office space for lease in Paranaque or other cities where you may want to work in. These are the reasons why you should consider renting office space:

 

 

A more cost-effective and strategic initial investment

A more cost-effective and strategic initial investment

A property is worth buying if it will be used and developed for at least a decade. Usually, businesses and companies that have been experiencing positive growth for at least seven years are the only ones who can afford to purchase a property.

If you are a start-up business, it may be less costly to get office space for lease in Paranaque. First, utilities and furniture will all be maintained by the landlord. Second, you can avoid debt or prevent getting more debt. Most businesses in their first year are basically bleeding money and it seems unnecessary to spend on a permanent place because it can’t give back income anyway. The fewer expenses you have, the better.

 

 

Your business will have more options

More and more people are working in places other than the main office. Moreover, all working spaces are not made equally and it is hard to assume that one it will not burden you later on at first inspection. Maybe, your new neighbors became too overbearing for you after seven months. Maybe, you finally found a loyal customer base after one year, but your office is too far away.

 

Because of these scenarios, it might be better for small business to rent office space from a business that allows monthly or six month rents. Workplays, an events space in BF Paranaque, allows a startup to rent a private room for 38,000 pesos a month. It’s not very expensive to move here or move out. Of course, if you plan to stay for here for the long-term, a six-month lock-in and one-year lock-in options are also available.

 

 

The office rental industry is growing

The office rental industry is growing

Whenever a business is looking for an office space, the decision makers should also take into account the local economy. In the Philippines, global business locators and traditional Filipino businesses have been making the relatively young office market experience growth. Office space owners have been managing their leasing rates to stay exceptionally competitive. Additionally, 1.4 million square meters of office space was expected to be added in 2018. Prime office rents increased by 3.4 percent in the second quarter of 2017.

Because of our current economy’s data, it can be assumed that events spaces in BF Paranaque, as well as other villages and cities, will be easier to find and buy.

 

 

Key Takeaway

Acquiring an office space does not call for an impulse decision. You have to consider several factors before thinking of buying or renting one. At the end of the day, many businesses benefit more from renting.

5 Types of Co-Workers You Might Encounter Working in a Virtual Office in Manila

What are the types of co-workers you may encounter when working in a virtual office in Manila?

  1. The Best Friend
  2. The Complainer
  3. The Musician
  4. The Cool Guy/Gal
  5. The Gossiper

 

 

Working in a virtual office in Manila, or pretty much any office around the area, can be great, although it can get a bit random at times. Day by day, you encounter a lot of different people, with a lot of different personalities to deal with—and in your case, some of them can be great, while others can get on your nerves sometimes!

In any case, working on something on a day-to-day basis can allow you to interact with different people and different personalities. If you’re looking to learn more about this notion, here are some of the different types of co-workers you might encounter when working in a virtual office in Manila:

 

 

The Best Friend

Of course, when working in an office, it’s nice to have a co-worker to bond with every day, the one confidante that can help you through any stressful day in the office, the one you can really get into a strong bond with! In any case, the ‘best friend’ type of co-worker is the one person you can rely on when things get tough!

Think of it this way: when working in a virtual office in Manila, things can get complicated and, as a release, you want to talk to someone about it. With your best friend in the same office as you, you get to vent out your frustrations with more ease! In fact, maybe your best friend vents out the same frustrations they may have, making a mutual release really great!

 

 

The Complainer

The Complainer

Now, this is the co-worker, whether in a Manila virtual office or any office in general, that you really don’t want to meet on the daily. Sure, things can get complicated at times, and various changes can happen when you least expect them to—but it doesn’t mean that you have to complain about everything that happens, which is what “the complainer” is known for!

Dealing with this type of co-worker can be troublesome at times, but otherwise manageable. Of course, things can get particularly stressful—but unlike the complainer, the best way to deal with it is to continue doing your best in what you do and keep your head held high! That way, you yourself don’t end up as the complainer in the future.

 

 

The Musician

While working in a virtual office all around can allow people to work in the comfort of their own homes, working in an actual office can allow you to encounter this type of co-worker, that is if you’re looking for a treat for your ears while you work!

The musician is the kind of co-worker that is never seen without a guitar by his/her side. For sure, you’ll be hearing them blasting out their new songs when things go a bit slow in the office! In fact, you can also count on some impromptu jam sessions in the office! Now that’s a co-worker you really want to jam with!

 

 

The Cool GuyGal

The Cool Guy/Gal

When it comes to working in an office in general, popularity is something that has mixed opinions, as well as being unavoidable at times. In this case, the “cool guy/gal” is someone you might encounter in your office on a day-to-day basis!

This is the co-worker who is usually into the latest trends the year has to offer, as well as being seen as famous for the things they do. You can even find them with huge followings on Instagram and Twitter, making them even more influential than ever! Of course, their performance on the job should be looked at, and not just their immense popularity.

 

 

The Gossiper

This is the type of co-worker that just loves to get their noses into other people’s businesses. They know almost every secret that the others are oblivious to, all the latest news about their co-workers, and they may even know something about you. Sure, they can be fun to hang out with if you’re interested in hearing the latest gossip—but then again, things can be deceiving and the most important trait for any individual is office professionalism.

 

 

Key Takeaway

Working in virtual offices around Manila and any other offices can be routine as time passes by—and no matter how things can get in the office, these 5 types of co-workers can make your days at work very interesting!

New Things to Expect When Working in a Virtual Office in Manila

What are some of the best things to expect when working in a virtual office in Manila?

  1. A wider network of connections
  2. Improved lines of communications
  3. A longer list of potential employers
  4. A broader range of control for you

 

The digital age has been consistent with their contributions to the modern world, especially when it comes to the modern workforce! Employment has come a long way since the introduction of virtual offices in Manila. More productivity has been guaranteed, more opportunities have been granted to those deserving of them, and above all, a wide range of industries to work for!

Being virtual assistants can put a lot of things into consideration, especially when you’re talking about the fact that the most important things you’ll need are a computer, a headset, and great internet connection! Plus, your work ethic, being virtual assistants, can vary depending on certain situations—but the most important thing to remember is to be the best virtual assistant you can be!

Luckily for you, with technology nowadays at their best, there are some new things to expect when working in a virtual office in Manila, with one great perk is being able to work in the comfort and convenience of your own home! Here are other great things expect:

 

 

Wider Network of Connections

Working with, or as a virtual assistant can definitely broaden your connections! Various networks regarding virtual work can be accessed through the wonders of the internet, especially online forums that are built to help you in your virtual line of work. Plus, you also get to communicate with them and talk about things related to your job, which is great considering the fact that you are engaging with people related to your field!

 

 

Improved Lines of Communication

Improved Lines of Communication

Speaking of communication, there are more and more opportunities for you to communicate with other business professionals, especially when it comes to your job as a virtual assistant! You’ll be able to schedule appointments by talking directly to clients, set up meetings with them, and so forth! The possibilities this can provide are pretty endless!

 

 

Longer List of Potential Employers

Another thing to take into consideration with this topic is that virtual assistants can work for pretty much anyone, as long as they are treated with respect and paid fairly. In this case, virtual assistants, while seen as freelancers to most of the online community, can work for a multitude of companies and other employers!

They can assist numerous customers with anything they need in their businesses and, the more employers they work for, the more income they earn. Just be sure to manage your work efficiently.

 

 

Broader Range of Control for You

Broader Range of Control for You

Simply put, when you work as a virtual assistant, you get to see everything the job has to offer yourself! Not only that, you also get to determine the limits of your services, as well as everything else! You get to think of your own rates and work at your own time, making your workload as light as you want it to be! In short, the more control you have, the more you become your own boss!

 

 

Key Takeaway

There are many other things you can take into consideration when it comes to working in a virtual office! Nonetheless, the online world can open a lot of doors for you—and with these 4 things in store for you, being a virtual assistant will surely be worth it!

3 Ways to Better Manage Your Virtual Office Team

What are some ways to better manage your virtual office team?

  1. Create a standardized onboarding process
  2. Implement productivity systems
  3. Communicate

 

 

Working with virtual team members and managing remote employees from virtual offices in Manila and other cities can sometimes make you want to tear your hair out. Virtual teams can be tough to manage because you still need to create a corporate culture even if most of your staff is working remotely.

You might be surprised to know, however, that this is not a problem that is unique to you. A survey conducted by Workforce 2020 has claimed that 83 percent of executives from different companies plan to increase the use of consultants or virtual employees over the next three years.

But, the ability to hire people from any part of the globe might also just be the greatest strength your company has because it makes it easier for you to find talented workers. As long as you take into consideration these three ways to better manage your virtual office team, you too can get even your most remote workers motivated, coherently active, and productive.

 

 

Create a Standardized Onboarding Process

Create a Standardized Onboarding Process

There is little chance for your virtual employees to get the same kind of “learn by watching over the shoulder” method that usually happens in an office. Once you hire a remote worker, make sure that you have a training program in place that educates them about your company as well as the way you do things.

Do everything you can to help them learn how to perform their role and get adjusted to your company (videos can work well or this). You can even have your new virtual employees interview your customers to better learn how your company helps them.

 

 

Implement Productivity Systems

Your company can fall apart if you haven’t implemented the right productivity systems yet. To some degree, a business run from a traditional office can compensate for not having the proper systems and processes simply by the fact that people can look over each other’s’ shoulders and talk in person.

In a virtual office, however, each person might as well be in their own world so it is best to have a standardized, documented way of working that is constantly being refined. For instance, make sure that there is a way to measure the productivity of your team. Establish the key indicators of success for each job and ensure its transparency. This way, you can quickly know whether each team member is being productive or not.

 

 

Communicate

Communicate

One of the key reasons why many virtual office teams fail is that they neglect the fact that the members of the team are not in constant contact with one another. They tend to forget about the other team members and live in their own world. They do not collaborate or communicate as much as they need to.

You need to create the opportunities for you and your team members to just “chat” whether it is related to work or not. This means that in a virtual environment, you actually need to “over-communicate” and provide more opportunities such as regular meetings for your team to talk to each other.

 

 

Key Takeaway

The workplace has evolved over the past few years. Young professionals are more attracted to remote or flexible work than ever before and find it no longer necessary to come into an office every day to conduct business. As the decision-maker in your company, you can leverage this technology to hire and manage a team of virtual employees.

Managing a team comprised entirely of employees working from virtual offices in Manila or other cities can be a challenge. But with the strategies outlined above, you can maximize the advantages and reap the benefits of this new model.

3 Mistakes Startups Make When Renting Office Space in Parañaque

What are the mistakes startups make when leasing office space in Parañaque?

  1. Failing to establish current and long-term plans
  2. Not allocating enough time for the process
  3. Price as the number one factor

 

As the owner of a startup, part of your duty as a leader is to know when it is time to move your operations as your business grows larger. However, it is quite common for many entrepreneurs and small business owners that are looking for an office space for rent in Parañaque and in other cities to go about things in a foolish and often backward way.

It is up to you as the owner and the primary decision maker in your company to avoid making these several key mistakes. During the early stages of your business, even a small mishap can end up costing you significantly down the line and can even cripple your growth rate.

Office rent is usually the second highest expense that majority of startups and companies incur, so doing things the wrong way even before you sign the dotted line can be disastrous. Here are three mistakes startups often make when renting office space:

 

 

Failing to Establish Current and Long-Term Plans

Failing to Establish Current and Long-Term Plans

When looking for an office space for rent, one of the most significant mistakes a startup can make is neglecting to establish their current and long-term plans.

Before you choose your office space, what you need to do first is to sit down, take a deep breath, and write out what you believe is going to be important to you and your company.

 

 

Not Allocating Enough Time for the Process

Perhaps the one mistake that many startup decision makers seem to make over and over again is never giving themselves enough time to fully understand and go through the process of renting an office.

This means that they haven’t allocated the time to explore the office market and find any comparable alternatives nor have they used those alternatives as a leverage against their current landlord. Experts often argue about when a startup should start exploring the office market; some say you should do it two years before your current lease expires while others say one year or even three months.

The real answer is that it depends on the size, goals, and future growth needs of your company. Try and allow three to six months when preparing for a move.

 

 

Price as the Number One Factor

Price as the Number One Factor

Because of the current economic situation, more and more companies are basing their decision to rent an office space solely on price. Price should not be the only factor that you should base your office space decision upon.

It is important for you to also understand the other factors that should go into the decision on the location of your business. More often than not, if the price is the only factor you base this decision on, it will come back to bite you.

 

 

Key Takeaway

Finding the right office space for rent in Parañaque is one of the biggest decisions you are going to have to make as the owner of a startup. Understanding how the process works as well as all of your options not only makes you a prospective tenant but an informed consumer as well.

Taking the right first steps in the process ensures that you won’t get burned later on.

How a Virtual Office in Manila Helps Your Business’ Success

How can a virtual office in Manila help your business succeed?

  1. It can enhance the image of your brand
  2. You can expand your business cost-effectively
  3. Improves your customer service

 

 

Today, certain advancements in technology have allowed many aspiring business owners and entrepreneurs to conduct their operations much easier and faster. they may be. Some have even gone so far as to operate their businesses from the comfort of their own homes! Despite the many advantages you might enjoy, however, running a business is not going to be easy. This is why many new businesses and startup companies have chosen to work with virtual offices in Manila and other cities in the Philippines.

Virtual offices have allowed companies to communicate with their employees and customers, no matter where they may be based which prevents the owners from needing to take on the costs of a traditional office space. Not only is running your business from a virtual office more cost-effective, it also offers you and your employees a better lifestyle.

For these reasons, entrepreneurs and business owners often choose to work in a virtual office when they are looking to expand their customer base and grow their business. Aside from these points, here’s how a virtual office can help your business succeed:

 

 

It Can Enhance the Image of Your Brand

It Can Enhance the Image of Your Brand

Even though there is an increasingly large number of people quitting their nine-to-five jobs in favor of establishing their own business, there is still a stigma attached to a home-run operation. Some people still believe that for some reason, companies that operate from home are not going to be able to offer the same quality of work as businesses that function in traditional city center office blocks.

When you choose to work in a virtual office, you will be able to take on their business address as your own. Because most virtual offices are usually based in prestigious city center locations such as Manila, they are also surrounded by other successful businesses. Once your potential customers find out that you are located there, they may then associate your business with all of those other successful companies. Using a virtual office can enhance the image of your business, making it look more established and professional.

 

 

You Can Expand Your Business Cost-Effectively

One of the primary benefits of operating your business at a virtual office is that it allows you to grow your company in a cost-effective way. You can gain access to a team of virtual assistants and receptionists when you work from a virtual office. These virtual staffs are skilled, experienced, and fully trained in all aspects of customer service and administration.

Moreover, hiring a team of virtual employees means that there is no need for you to hire your own staff. You can save money on recruitment, training, employee salaries, and benefits.

 

 

Improves Your Customer Service

Improves Your Customer Service

As an entrepreneur, you probably tend to handle everything yourself, but there will come a point where you might find yourself struggling to manage all the aspects of your company on your own. The best thing you can do about this is to delegate all the time-consuming and mundane activities such as call-taking and administrative tasks to someone else.

Virtual offices also often offer the services of a receptionist that will be able to take all of your business calls on your behalf using your own personalized greeting. They can learn all about your business which allows them to handle certain requests themselves.

 

 

Key Takeaway

As your business grows and expands, moving into a workplace that can accommodate your needs is the next logical step. You have plenty of options to choose from whatever the next phase of your business growth may be.

Whether you are looking for an alternative way to manage the office space costs for your existing business or you have a home-based operation, you can easily conduct your affairs by with a virtual office in Manila and in other cities.

What You Need to Know About Before Signing a Lease for Your Office Space in Parañaque

What do you need to know before signing a lease for your office space in Parañaque?

  1. Read and understand the contract
  2. Have a business structure in place
  3. Know the terms of the lease

 

 

If you are looking for an office space to lease in Parañaque or any other city here in Manila, you should probably take the time to learn about the crucial terms of a commercial office lease before you sign and pay large dividends.

Commercial leases are not at all like residential leases because they usually require significant monthly payments and carry long terms. Your financial obligations might also end up increasing since you will have to pay for common area expenses and building maintenance. In addition to this, most leases are usually drafted by the landlord of the building, which means that they reflect the interests of the landlord and not yours.

For these reasons, having a basic knowledge of a few concepts about leasing can greatly improve the terms that you can get. Here are a few things you should know before signing a lease:

 

 

Read and Understand the Contract

This shouldn’t really come as a surprise to you, but you really do need to read your lease. And even though it’s a very long and not at all interesting piece of literature, it is important for you to know what it contains.

Check the definitions and key terms and make sure that you understand them well. If you are having trouble understanding anything in the contract, don’t be afraid to ask for a clarification. Take a close look at the terms, particularly your right to cancel.

Many landlords tend to use a standard or “boilerplate” lease that contains general terms for all leases, so if you have negotiated something different, make sure that it is included. Even more importantly, make sure that your special language and the standard language do not contradict each other.

Do not assume that your landlord got everything right on the lease either. Make sure to check your start and end date, rent, rent escalation, and any other special terms that you negotiated for. Always know what you are obligated to do.

 

 

Have a Business Structure in Place

Have a Business Structure in Place

Make sure that you have a business structure in place if you want to be protected by it. File your Articles of Organization for an LLC or your Articles of Incorporation for a corporation.

Aside from having this structure in place, make sure that you have the documentation from your board of directors that approves your lease. Once your board has considered and has approved of your lease, you should have something to back it up. There should still be some documentation should your lease be approved even if you don’t have a board of directors.

 

 

Know the Terms of the Lease

Most leases use the term ‘CAM’ which stands for “Common Area Maintenance”. This means that you should be allocated a percentage of the CAM that you are responsible for based on the percentage of the building you are renting.

With that in mind, make sure that the percentage is always based on the size of the building. In addition, this percentage should not vary depending on how much of the building is rented.

 

 

Key Takeaway

There are a lot of things you need to consider when you are looking for an office space for lease in Parañaque and other similar areas for the first time. The entire process can be extremely complicated and there are also many factors that can impact your final decision.

As a future tenant, you have to consider the duration and terms of the lease as well as the cost vs. location. But perhaps most importantly, your office space for lease should provide you with the option to expand and grow your business.

3 Reasons Why You Should Hire a Virtual Office Assistant for Your Business

Why should you hire a virtual assistant for your business?

  1. Saves you time
  2. Saves you money
  3. You can use them as needed

 

 

If you are an entrepreneur or a small-business owner, you have probably come across the dilemma of whether or not to hire additional employees. Knowing that you need the help is the easy part; deciding how you are going to get that help, however, can be a little more difficult. The question you should probably be asking now is: “Is it better to hire in-house or should you simply hire an assistant that works from a virtual office in Manila?”

Hiring a virtual assistant for your business as opposed to hiring in-house can bring you a lot of benefits. Virtual assistants are typically cheaper than in-house employees. They can also offer the flexibility to work across the many aspects of your business and multi-task.

There are a lot of reasons why you should hire a virtual assistant for your business. Here are just a few of them:

 

 

Saves You Time

You only have so many hours in a day to spend when you are running a business which is why it is important that you should focus on the most pressing tasks instead of wasting it on scheduling and endless emails.

According to a study done by Harvard Business Review, delegating less productive and repetitive tasks can save you up to one-fifth of your productive time every day. This means that you can save up to one full working day per week!

You could use the time you spend connecting with more people or making more sales. You can even make your work-life schedule more balanced by spending some time on personal affairs like catching up with friends and family or going to the gym.

Letting virtual assistants do the smaller tasks allows you to make better use of your limited time.

 

 

Saves You Money

Saves You Money

When successful business owners and entrepreneurs say that time is money, they almost always mean it literally. Consider the following scenario: if you are making $100 per hour and you spend your time doing small and repetitive tasks when you could pay someone else $25 to do them, you are actually losing money.

You should spend most of your time doing important work that moves the business forward. Offloading the most time-consuming tasks to a virtual assistant leaves you more time to do the things that can’t be done by anyone else.

 

 

You Can Use Them as Needed

Many startups and small businesses often do not have enough tasks to keep a full-time employee busy. You might only need help during the busier times of the year and not during the slower months. Others even only need help for the duration of a specific project.

This then begs the question: “Why pay someone a full salary to work 40 hours a week if I don’t need their help most of the time?” You have the option to use the service of virtual assistants for only a few hours per week or several hours per day. You can even adjust their pay rate as your business needs change!

 

 

Key Takeaway

An assistant that works from a virtual office in Manila and other similar cities can be a fantastic asset for you and your business. When they are integrated with your business processes correctly, virtual assistants are well worth the investment.

Also, don’t make the mistake in thinking that you only need the help of a virtual assistant for a few hours here and there. Virtual assistants can do a lot of things for you and your company so don’t be afraid to delegate more tasks to them.

Why Your Startup Should Lease Office Space in Parañaque

Why should your startup lease office space in Parañaque?

  1. Bring value and contribute to revenue generation
  2. Give your startup privacy
  3. Improve your existing workflow
  4. Allow space for growth

 

 

Launching a startup can be exciting, which is why there has been an increase in the number of people doing just that. While many of these new entrepreneurs are content with working from their homes, shared office spaces, garages, basements, or cafes, others are taking the plunge to either buy or lease an office space in Parañaque and other cities to give their businesses more authenticity and credibility.

Research shows that the majority of people believe that starting their own business is a good career move. As a result, more than 27 million entrepreneurs today are either running or starting up a new business. However, is leasing an office space the best decision you can make early for your startup? If you are considering whether or not you want to make the jump, here are a few reasons why your startup should lease office space in Parañaque.

 

 

Bring Value and Contribute to Revenue Generation

Bring Value and Contribute to Revenue Generation

Entrepreneurs and company founders should always carefully consider how much they are spending. In other words, if an expense does not bring or generate any revenue, you should probably reconsider if you truly need it.

Should you choose to work in an office space for lease, you and your business can greatly enjoy the benefit of private space. It can even improve the dynamics between your team members, the experience of the customer, and the efficiency of the workflows at your business.

When it comes to the eye of the public, having your business operate out of your own office space can definitely lend authority and trust to your startup. And while clients and investors alike might find your company more endearing once you have your own private office space, try and get it only when it is absolutely necessary for this phase of your startup at this current time. Avoid leasing an office space just to boost your ego or add “flash” to your startup.

 

 

Give Your Startup Privacy

Every startup or business needs a certain level of privacy. As you operate your business, you are going to have to deal with making phone calls, collecting personal employee information, making a record of your clients, among other sensitive details.

An office space ensures that any important records you keep, both electronic or hard copies, are safe from theft, loss, or outside tampering. Having your own office space also allows you to have private meetings with clients which may help set them at ease as opposed to holding meetings in a public area.

The security of your startup is a serious concern that can be addressed by leasing a private office.

 

 

Improve Your Existing Workflow

Improve Your Existing Workflow

Bringing your in-house team along and moving into a private office space can change the dynamic of how your team members work together. It can also affect how employees make their reports, communicate with each other, and get their work done individually.

Change is not necessarily a bad thing. And there are definitely a lot of benefits to finally gathering your team together in one place, but be sure to consider how transferring to an office space can impact your workflow and plan accordingly.

If this transition happens in your favor, you stand to reduce the number of mistakes and errors during the early phase of your startup because everyone is going to learn how to work together in a much more intimate environment.

 

 

Allow Space for Growth

Carefully consider how you expect your startup to grow when you are thinking about switching to a private office space. During the early phases of your startup, the growth of your company could come in fits and starts, or it could be explosive. In any case, there is a good chance you are going to hire more people.

Think about how much space you are going to need as your startup expands. Based on these projections, find an office space for lease that is going to be able to accommodate you and your team.

Lastly, remember that the length of a lease for a private office space can significantly vary from three to six months for short-term lease or three to five years for long-term lease. Carefully consider the needs of your startup so you don’t get locked into a commercial lease with no room for expansion or growth.

 

 

Key Takeaway

While the first few months or years of a startup often happens in a place like the home or garage of the owner, there will come a time when this will no longer be enough. As your business grows, you should also be considering when it would be time to move to a place like an office space for lease in Parañaque.

It is important to determine where you want your company to go because the location of your business can affect the creativity, community, and productivity of your team. Before you make your choice, consider the kind of work being done in your company as well as the people who are doing it and find the right environment for them.