Ask These 5 Questions before Renting a Serviced Office in the Philippines

manillaThere are few places on earth quite as beautiful as the Philippines. It is one of only a handful of destinations where it’s entirely possible to go from bustling metropolis to wild jungle within hours. This curious relationship between the natural and business worlds is much of what gives the country its incomparable charm.

For example, entrepreneurs looking to launch a company here have to contend with challenges that they might never have considered before. Western investors aren’t used to working around extreme weather warnings. They don’t always understand that the locals move at a different pace to people in Europe and America. It can be a real learning curve.

Fortunately, there are plenty of resources around to help ensure that the transition goes smoothly. Keep reading to find out why serviced offices are a valuable asset.

What Is a Serviced Office?

Serviced workspaces are much like any other. They look similar to conventional office spaces and they are made available on a private basis, as is traditional. The difference is that they are designed to be flexible. Servcorp office rentals come furnished so that tenants can move in and out as quickly as needed. Some businesses stay one month or two, while others settle in for years at a time. They are a helpful option for new ventures because the utility and maintenance facilities are ready to use.

Who Uses Serviced Offices?

There are no limits or rules about who can move into a serviced workspace. Generally, though, they tend to suit smaller companies or branches of bigger corporations. On the other hand, they come in all kinds of sizes, so there is no reason why a larger team couldn’t use a serviced office just as efficiently. In the Philippines, the best providers are located in Manila. It means that many of the tenants are successful, established companies.

What Resources Do Serviced Offices Provide?

This is the most crucial question of all and it should be your focus when considering different serviced office providers in Manila and beyond. These facilities can offer more than just an impressive corporate address. In fact, they are built to provide anything and everything that a company needs to operate successfully. It is different for all companies, but most need access to an onsite IT team, a cleaning crew, conferencing spaces, a telephone line, and more.

Are There Any Hidden Fees or Charges?

One of the most common reasons for choosing a serviced workspace over a conventional lease is the length of the contracts. Serviced providers don’t charge any kind of termination fees, so tenants can make changes to their terms anytime they like. There are no hidden charges for upgrading or downgrading your corporate package and it won’t cost you a hefty fee to end your contract earlier than agreed.

Where Are the Best Serviced Offices?

The finest serviced office facilities in the Philippines are in Manila, close to and within Makati City. It is considered to be the financial hub of the capital and it is where the big investors like to look for new opportunities. Securing an office here would be quite a triumph for a business with a foreign owner. Fortunately, the affordable rates and flexible terms offered by serviced office providers make it possible.

How to Take the First Step and Find a Home

All you need to do is speak directly with the provider and discuss the terms of their leases. Usually, they are quite flexible and there are lots of conditions which can be changed to better fit your needs. Take a tour of the facility, ask plenty of questions, and don’t be afraid to chat with other tenants. They are the best source of information because they know what it is like to run a business out of a serviced workspace.

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