As a newly industrialized country, the Philippines is ripe with opportunities for entrepreneurs and startups in a variety of industries. As the service and manufacturing sectors are an increasingly large portion of GDP, you can be sure that investors and business people from around the world are flocking to the country. With this increase in foreign interest in the Philippines, however, has come increasing demand for high-quality office space.
Finding your own high-quality office space for rent in Makati can be difficult. The market for rental space is filled with providers of varying levels of quality. However, with a little research and some careful consideration of key points, you will be better able to make a decision that works for your business.
To this end, let’s look at some specific tips and things to look for to find quality office space for rent in the Philippines.
Find A Great Location
Having a good location for your business is instrumental to your success. While many startups have humble beginnings in garages and living rooms, there comes a time where you need to expand to join the rest of the business community and emerge into the heart of the economic activity of your city.
Premium providers of serviced office space know that businesses need to be in proximity to the central business or financial district of a major city in order to reap the most benefits. In the Philippines, areas like 6750 Ayala Avenue are ideal for giving your business the boost to its profile that it needs. If you choose to use the serviced office space in this tower, you will be among other corporate titans such as Chevron, Microsoft, and Hershey’s.
Locating yourself in such a prestigious place will give you credibility in terms of attracting investors and new customers. It can also make networking a breeze by being close to where the movers and shakers of the country go to work and take their breaks. You never know who you might bump into in the area that can open doors and take your business to the next level.
Look For A Flexible Contract
There is a lot of uncertainty in business. Many companies fail because they do not stay flexible enough to adjust to the ups and downs of the market. Therefore, it is critical that you learn to stay flexible and lean to be able to weather the downtimes and enjoy the good times.
To this end, look for an office space rental provider who can give you a flexible contract. This should ideally be a month by month contract with only a one-month security deposit. Having such an arrangement can allow you to move quickly to take advantage of expansion opportunities if you need to upgrade or to downsize rapidly to stay in the black if the tide is turning against you.
Even the most independently minded entrepreneurs need support from time to time. Making sure to look for an office rental space that includes receptionist and secretarial support can significantly improve the day-to-day functioning of your business. It can even add an aura of professionalism to your company that will allow you to make a good impression whenever VIPs are in town to visit. Being able to contact IT support at any time can also give you the peace of mind that technical glitches will not slow down your operations.
Research To Rent
Take the points outlined here and conduct some independent research of the real estate market in the Philippines. You are sure to find a premium provider who stands out from the rest that can fulfill the serviced office needs of your business.