How to Expand Your Business on a Budget with a Virtual Office
The fact that virtual workspaces and remote routines have taken off in Thailand is no surprise. In a country where the economy is robust, but the infrastructure is still catching up, it makes sense to be flexible. When you factor in things like extreme weather and the relatively low level of car ownership, it seems like the country was made for virtual workspaces.
It’s lucky then that central Bangkok is home to some of the finest virtual providers in the world. You can check out the leading virtual vendor by visiting www.servcorp.co.th/en/virtual-offices/. These innovative, agile work environments allow small businesses and entrepreneurs to be ‘at the office’ with just a click of a button.
Keep reading to learn more about virtual providers and why they can help you grow without busting your budget.
Develop At Your Own Pace
One lesson that all entrepreneurs must learn is that growth is what you make it. You don’t have to expand at the same rate as your rivals to be successful. In fact, just because something works for the company down the street, it doesn’t mean that you’ll triumph too.
All businesses have to forge their own path, and virtual offices can help you grow at a steady pace. They are designed to provide tenants with the tools they lack when operating from home or other informal spaces. So, you can have an office, without paying the sky-high fees.
Keeping Overheads Small
Whether you’re expanding into Thailand or another part of Asia, it’s important to keep a close on eye on spending. Expenses can quickly spiral out of control especially if you’re new to a market and have a lot of legal processes to complete.
Thailand is a wonderful country, but its legal system moves slowly. You may need to work from a temporary space, such as a virtual office while you’re waiting for the company to become official. It will allow you to reduce your overheads to the very minimum while launching.
A Fully Flexible Workforce
Remote teams are similarly great for expanding businesses. Just imagine if you could move right into the flashiest district in Bangkok and have a skilled, capable team ready within a week. With remote routines (freelancer and independent contractors), speed becomes an asset.
You can even keep an existing team, whether or not you bring them along for the ride. The right communications software allows entrepreneurs to collaborate with employees on the other side of the world, if necessary. Ask your virtual provider what tools they have to offer.
A Winning Corporate Location
With a virtual workspace, it’s possible to access some of the most impressive corporate addresses in Singapore. Even though tenants at these offices don’t pay to rent the space privately, they are encouraged to claim the address for their business mail and calls.
It’s okay to have your mail sent to a virtual office, where it will be sorted by a secretary. These facilities have a team of receptionists who take precise instructions for how you want business calls answered. Tenants get all of this for a low rate because the space isn’t privately rented.
Why the Cost of Virtual Offices Will Get You Smiling
The good news is that the corporate culture in Thailand is very friendly to start-ups and alternative business models. Furthermore, investors from overseas tend to get a lot of help and support, because the government understands the impact they can have on the economy.
For these reasons, Thailand has become a hub for foreign investment over the last decade. There are multiple virtual facilities here, and they’re all situated in eminent neighbourhoods. They come ‘ready to go.’ All you have to do to get started is sign up as a member.
