Office for One? How to Stay Social by Renting Commercial Space
Office for One? How to Stay Social by Renting Commercial Space (Asia Serviced Offices) If you’re a sole entrepreneur, you may find feelings of separation or loneliness beginning to appear – no matter how much you love your job. There are a number of great tips that can help you feel less isolated during your working day. By utilizing them, you may well find you’ll be happier – leading to a more productive outlook and greater business success! Keep things Structured Without a boss or fellow employee encouraging you to stick to your plans, you may be tempted to kick back and relax. This may be a bad decision, as once your productivity hits an all-time low, you may find yourself dwelling on loneliness or boredom. Treat your working day the same way you would if you were working for another company. Arrive on time and put your energy into the projects at hand. This will ensure the work gets done effectively, plus make the day go faster! Once it’s over, you’ll be free to focus on your social life and beating those feelings of isolation. Stay in Touch During your coffee or lunch breaks, take a moment to text, call, email or FaceTime a good friend or family member. It’s the perfect opportunity to stay up to date on what’s going on in their lives and will prevent you from missing them too much while you’re busy at work. Just make sure you designate your social time effectively and don’t spend your day chatting instead of working! Serviced Offices for One The best way to stay social may be to get out of the house! While working in coffee shops or internet cafes may be ideal for a while, you’ll likely be looking for something more professional as your business progresses. If that’s the case, it may be time to consider a serviced office for one. You’ll be surrounded by all the essential amenities you need to run your company successfully, plus, you’ll find yourself in close proximity to other entrepreneurs and small businesses. You may be able to develop a friendly relationship with other independent freelancers or entrepreneurs within the building, giving you the opportunity to talk, meet for lunch or even plan activities for the weekend! Working alone doesn’t have to be lonely. Weigh up your options and see what you could do to live a more social life while taking control of your company. Asia Serviced Offices offer commercial offices suited to any number of employees from 1 – 100+! Get in touch today to discuss the spaces available to solo workers and the ways a serviced office could boost your working life.
5 Ways a Little Fresh Air Could Boost Your Work Day
5 Ways a Little Fresh Air Could Boost Your Work Day (Asia Serviced Offices) What do you do during your lunch break? If you usually spend your free hour chatting with co-workers, checking your notifications on social media or playing games at your desk, it could be having negative effects on your productivity. Here’s why having a little fresh air can help you make your day more productive. You’ll feel energised and ready to take on the day. You’ll find that after getting a little fresh air, you’re more alert and have a noticeably higher energy level. That’s no coincidence! Your brain uses up over twenty percent of your body’s oxygen level, so it’s clear to see how it could feel a little run down when it’s not getting the air it needs. By ensuring your inner oxygen ‘tank’ is full, you’ll improve your concentration, think clearer in stressful situations and feel more optimistic about difficult tasks. A healthy rest period will clear your mind. When you’re stuck in the office, you may find the stress of the day builds up until your mind is overwhelmed with information and anxiety. After reaching this point, productivity is almost impossible – so try to stop these negative feelings in their tracks. By stepping away from your desk, you’ll be able to rethink situations and come up with new problem solving techniques to get through them. Fresh air can help improve digestion and fitness. While you may not associate a healthy digestive system with the time you spend at work, a sedentary lifestyle (including sitting at your desk) can lead to unnecessary, unwanted weight gain. By getting a little fresh air, you’ll be encouraging your body to digest food in a more effective way. Combine that with healthy snacks and you’ll be all set. Plus, as you walk around outside, you’ll be giving your body a workout. While it may not be much, it’s better than no exercise at all! You’ll be happier in the long run. The amount of serotonin in our bodies (the chemical that gives us feelings of happiness) is directly related to the amount of oxygen we inhale. To keep up a feeling of happiness, relaxation and wellbeing, make sure your body is producing all the serotonin it can by giving it plenty of fresh air. You’ll be boosting your immune system. When you spend time in a communal office surrounded by employees or co-workers, you’re putting yourself at a higher risk of catching infectious illnesses such as the common cold. By getting some fresh air and giving your body plenty of oxygen, you’ll be boosting your white blood cells’ ability to kill off harmful bacteria and fight against germs. Getting fresh air doesn’t have to be difficult. Step outside during your lunch hour and take the opportunity to look at the world around you. Head to a park, grab an al fresco lunch or even meet up with a friend working nearby. As long as you’re outside, you’re on the right track.
10 Signs You Should Upgrade to a Commercial office
10 Signs You Should Upgrade to a Commercial office (Asia Serviced Offices) If you’re running a business, you may have considered renting commercial space as a professional base for your company. Here are 10 signs it’s time to take the plunge… You’re attracting high-profile clients and need a professional address. As you start to get larger clients who may wish to meet with you and discuss upcoming projects, you may find your home office isn’t quite the environment you’d like to share with them. Having a professional address looks the part, and you’ll have access to a smart conference room for discussing important matters. Your family are distracting. You may love them, but they may not be the best people to have around while you’re trying to work. While working from home, there’s always a chance your husband, wife, partner or kids may try to ask for small favours when you should be working. There’s also the possibility of loud background noise, which isn’t ideal if you often contact clients or co-workers by phone. You’re distracting your family. Sure, they may distract you, but you may be doing the same to them! They may not appreciate the phone constantly ringing or the possibility of clients stopping by. There’s also the chance you’re hogging their office time. Perhaps your partner is hoping to use it for their job, or maybe your kids need the PC for their homework. You don’t have enough time to answer calls. Serviced offices provide professional telephone answering and secretarial services, leaving you with more time to focus on the job. You get lonely working from home. It’s important to avoid loneliness as you work. By working in a commercial space, you’ll be close to plenty of other hard workers who may become helpful contacts as you build new relationships. You’re hiring new employees. If you’re hiring new employees and will need to liaise with them regularly as you work, wouldn’t it be easier if you were all in the same building? In your new commercial office, they’ll be right there with you, ready to share ideas throughout the day. You’re lacking motivation. When you’re at home, it’s easy to switch off the computer and watch a movie instead. No wonder you’re unmotivated! When you’re based in an office, the temptation isn’t there and you’ll be motivated to finish your tasks and get home to your family. Your office is cramped and cluttered. A disorderly work area is not a productive one, but it’s not surprising your home office is piling up – especially if you have to share it with general home storage and family items. A commercial space will be entirely yours and can be designated as a space to work without personal clutter. You need to regulate your day. If you’re struggling to maintain the balance between work and play, getting out of the house to a dedicated workspace can help you to separate the two. After finishing projects at the office, come home and relax, knowing your work is done. You want to be where the action is. Most serviced offices or commercial spaces are located in key financial or business districts. You’ll find yourself amongst like-minded people which may increase your chances of making great professional connections. Convinced it’s time to upgrade to commercial space? Get in touch with Asia Serviced Offices to find your ideal location!
Avoiding Time Wasters: How to Optimize Your Time at the Office
Avoiding Time Wasters: How to Optimize Your Time at the Office (Asia Serviced Offices) While you may send a set number of hours at work per day, how many of those do you actually spend working? Chances are, you’re wasting valuable time that could be spent on those all important projects. Read on to discover some of the most common timewasters in the workplace and how to avoid them for optimal productivity! A lack of priorities and inefficient planning. The tried and trusted ‘to do list’ technique is essential for productivity, whether you prefer a pen and paper list or a handy app on your smartphone. Alternatively, set your own methods for prioritising and planning, such as colour coding or stacking. However you choose to plan your day, create your goals and stick to them. By giving yourself something to work towards, you’re less likely to find yourself distracted or put things off until ‘later’ – whenever that may be! Overly friendly co-workers. It’s great that you have a friendly group of co-workers at the office, but when they arrive at your desk and begin to talk your ear off it can become a problem. Stopping to say hello is one thing, but you should aim to discourage your friends from talking too much about things that simply aren’t relevant to the tasks at hand. Be polite, but explain that you really don’t have the time to socialise until the work is done. Procrastination. Whether social media is your vice or you’re simply too caught up in your personal life, reasons to procrastinate are everywhere. You need to be firm with yourself and say no to distractions that could cause an issue at work. If you’re spending too long online for example, try temporarily blocking your favorite sites until you’ve finished your current project. Disorganization. If your office is cluttered and disorganised you may find yourself scrambling around and searching for specific items or documents rather than actually working. Instead of spending so long hunting down the things you need, come up with a system that allows you to quickly grab your most-used equipment. Put pens and paper in a stationery drawer, organise files in a binder or file rack, and ensure all trash is thrown in a waste bin rather than across your keyboard. If you’re really struggling, try hiring a professional organisation coach to give you insider tips on how to stay efficiently decluttered. Gaps between meetings. If your job requires you to hold or attend meetings throughout the day, you may find yourself with 15 – 30 minute gaps between them. While your first instinct may be to grab a cup of coffee or chat to a friend during this time, try to use it to go over important notes or send off a vital email. Using the time wisely will help you stay in ‘productivity mode’, ready for the next meeting. By avoiding timewasters, you’ll fit so much more into your day – leaving you with more time to relax and unwind once you’re done.
5 Things That Determine the Professional Image of Your Office
5 Things That Determine the Professional Image of Your Office (Asia Serviced Offices) Are you looking for new business opportunities but worry that your office is limiting your options? Here are five things that determine the overall image of your office and how to improve them to raise your chances of success. Address By locating your business in a good area, especially one that’s often associated with your industry, you’ll automatically be seen as more relevant and professional to others in your sector than those in lesser known locations. Why? Because by showing you understand the ‘place to be’, you are proving your knowledge of trends within your sector. Tip: Most serviced offices are located in bustling business hubs of selected cities, so why not see if there are any available in your region? Work Environment By having a highly functioning office complete with the top of the range technology and happy employees, you’ll instantly look more professional than someone who is working in a simple rented room. Tip: Put a little effort into your décor, staff and productivity to boost morale and create an environment anyone would want to spend time in. Staff Efficiency If someone is trying to get in touch with you or your employees in order to request information regarding your company, they are probably expecting a professional response. If your staff is rude, badly organized or inefficient, this will reflect badly on the company as a whole and also the individuals themselves. In return, you may lose potential business opportunities as many business owners would be inclined to seek a more professional standard elsewhere. Tip: To avoid missing out, ensure your employees are all up to speed with the ins and outs of the company. You should also seek to arrange a professional call answering service who will deal with enquiries in a polite, helpful manner. Luckily, this is usually included when you lease a serviced office! Employee Appearance You may have heard the saying ‘looks aren’t everything’ but it’s often suggested that when employees make an effort with their appearance, they’ll be more motivated to act in a professional manner – making your company overall look professional in the process. Tip: Dress the part by wearing professional office attire and encourage your employees to do the same. The result will be a workforce that’s dedicated to the presentation of the company as well as their individual tasks. Office Décor Yes – the way you choose to decorate your office is important! If your workspace is decked out with dull colours and lacklustre furniture, it won’t appear to be a particularly motivating place to work. Your potential employees may prefer to apply to bright, productive companies instead. Tip: If that sounds like something you want to avoid, try using clean, neutral tones and great lighting. Combine your fresh looking environment with pops of colour and perhaps a little plant life for a natural yet motivational atmosphere. Whether you’re running a serviced or un-serviced commercial space, these tips can be applied to any working environment to ensure a professional image, helping you appear more favourably in the eyes of both clients and employees. Try them out today and start noticing the difference!
How to Make Sure Your Workplace is Good Enough to Attract Talent
How to Make Sure Your Workplace is Good Enough to Attract Talent (Asia Serviced Offices) So, your office is all set up and you’re hoping to score some great new employees to help you get the work done. That’s great! But you may find yourself wondering how exactly to convince these top quality potential employees to come and work for you. Remember, they may not be desperate for the job and may have options elsewhere, so it’s important to ensure you stand out in an ocean of employers: Why should they work for you? Here are a few ideas for ensuring your workplace both looks the part and offers great incentives to job hunters. A great working environment When you put in a little effort to create the ideal working environment for your employees, you’ll notice a significant improvement in employee morale and productivity. This will likely be a thought to consider for anyone considering applying to work at your company. After all, who would want to work in an environment that’s depressing or un-motivational? By making it clear on your promotional material that you provide a great place to work, potential talent will be more inclined to send over their resume for consideration. Encourage a great office look & feel, a positive attitude as well as healthy breaks and access to essentials and you’ll have plenty to brag about! A convenient location Ideally, your place of work should be located in a good, professional location. By running your business from the heart of a bustling district, you’ll be of even greater interest to a potential employee. They’ll enjoy the proximity to other services or stores they may wish to utilise during their breaks, and it is likely that there will be an array of places to choose from when arranging an outing with their colleagues after office hours. Being in an area that is primarily located on your industry, your employees will also benefit from the ability to network with workers from similar companies, helping them to develop their social and professional standing and make the connections they need to climb the employment ladders. Assurance they’ll have everything they need to do their job When you’re trying to do your job but don’t have access to everything you need, it can be an incredibly frustrating experience. Potential employees will want to ensure that as an employer, you’ll be willing to provide everything they need to do their job effectively. By leasing a serviced office, this will be entirely taken care of. You’ll have furniture, technology and high speed internet all ready to go – giving your employees unlimited access to the materials they require. By ensuring your workplace is good enough to attract talent, you’re sure to receive applications from some of the most qualified job seekers in your area!
Increasing Productivity and Wellness at Your Workplaces: 5 Things to Do
Increasing Productivity and Wellness at Your Workplaces: 5 Things to Do (Asia Serviced Offices) If you’ve noticed a general slump affecting employees around the office, it’s time to take some action and get them back on track. After all, they’re there to work and by boosting wellness and productivity they’ll be likely to get more done in better time. While the idea of boosting the mood may seem easier said than done, there are several things you could try to create an uplifted environment. Here are just five of the top tips: Update your office design By freshening up your office design, you’ll be awakening the senses of your employees as they notice the changes around them. To make things even more productive, you may want to try using brighter lighting, eye catching colors and simple yet functional furniture for a minimalist, non-distracting theme that still looks professional. You may also want to incorporate some motivational artwork to lift the mood even further. Allow for a little fresh air Giving your employees a short break in order to breathe a little fresh air will have them returning to work happier, more motivated and ready to take on the rest of the day. But why is that? The human body needs to keep up its oxygen levels to ensure optimal energy and alertness of the brain. So if your employees aren’t getting enough fresh air, expect them to experience some downtime as the day goes on. In addition to giving them a chance to get outside, why not install opening windows to allow a natural breeze to flow through the office? Create a positive environment Have you ever noticed that when you’re feeling a bit down or unhappy, you’re less motivated to take on serious or difficult tasks such as work? That’s normal. We’re all affected by our emotions and sometimes your employees may be going through an unavoidable hard time. To try to keep them feeling positive no matter what’s going on, ensure your work environment is a happy one. Treat your employees with kindness, don’t set unrealistic tasks that may resort to extra stress and ensure the workspace is kept clean and tidy to prevent workers becoming frustrated or flustered. Keep your employees feeling included If an employee feels that their job is meaningless or unimportant, they may feel even more unproductive. By including them in decisions around the office or asking them questions about their current projects, they’ll feel more included, resulting in a higher rate of job satisfaction. Provide water and snacks Staying hydrated is vital for a productive work life. The brain needs a significant amount of water to function correctly and stay alert so it’s important to drink water at regular intervals throughout the day. Additionally, it can be hard to focus when you’re hungry, so ensure your employees have a set lunch break or the option to pick up a snack from a communal selection. By ensuring your employees are happy and enjoy spending time in the office environment, you’re bound to notice a difference in the dedication and quality of their work. Give them a try and see if you agree!
Serviced or Unserviced Office Space : Which One is for You?
Serviced or Unserviced Office Space: Which One is for You? Every minute detail and decision of a business startup is an important one. Your office space is your second home for you and your employees. Choosing the right one can be difficult if you’re unsure at what to focus on, besides the final price tag. This, however, could spell problems in the future, though, if you’re not diligent with your research. To Be or Not to Be: Serviced? Offices come in two major categories: Serviced and Unserviced. To find out which one is best for you, we need to know what it really means to have a serviced office space, as some descriptions can vary. A serviced office typically means one that comes complete with furnishings and janitorial service. For most business startups, this is what you want if you are looking to save both time and money before moving into your office. An unserviced office is not only more customizable, but it practically required for any business dealing with sensitive data or equipment. It is not unusual to find that most traditional office space equipment is inadequate or does not align with the brand you are trying to reflect. With that said, serviced office space is probably going to be the best value for any small businesses who are looking to squeeze every penny out of their budget and hit the ground running with a quick transition to a bigger and more organized staff working together in an office space. Office in a Box The infrastructure is already in-place at a serviced office: everything from internet, electric, water, kitchens and vending machines, and the security that holds it all together. All these individual things must be carefully planned and invested in separately if you’re going for the unserviced office space. Having the ability to go out, purchase an office space, get a quote on all the intangibles, and paying one flat fee for everything is a huge advantage for any company who just doesn’t have time to add up individual services, which allows for a higher potential of budgeting mishaps. Chances are good that if you go the unserviced office space route, you’ll probably start with a fairly cheap monthly bill, but as time goes on, you’ll find new things you’ll need to install, new staff to hire, and unexpected maintenance bills that begin to pile up and thus put your company over budget very quickly. Let’s not forget, even though your unserviced office space mean you have the ability to choose your own contractors, it doesn’t necessarily mean you’re getting better services. Security isn’t automatically untrustworthy or terrible if you’re going with an office that is already contracted with someone. Shopping around for a trusted security company can not only be expensive, but it can also be completely irrelevant at the end of the day. So, serviced or unserviced? It all comes down to how much experience you already have with leasing office space and how flexible your budget is out of the gate. It is highly recommended that new startup companies keep things simple and as least complicated as possible. Don’t take precious time away from the most crucial period of investment into your business to argue over the types chairs and office couches, unless that’s your business sector.
Create a Productive Atmosphere, Inspired by Google’s HQ
Create a Productive Atmosphere, Inspired by Google’s HQ “The Office” was a great show, it reminded anyone who worked in one just how crazy things could get. While the characters where oftentimes outlandish and over-exaggerated, they carried real personality traits that we could all identify with. It also teaches us a good lesson that a work environment that takes itself way too seriously is a terrible place to work and will eventually fail in some critical way. The folks over at Google have been reinventing what it means to be an office or corporate working environment. They know that the workplace needs to be productive and efficient machine, but shouldn’t be treated like one. Many companies have adopted their way of thinking when it comes to the workplace, let’s look at a few of them that maybe you should consider trying out. Real Perks and Benefits to the Job How serious are you about keeping the employees that you have? Beyond the monetary cost of having to retrain replacements and reestablish trust all over again, you need to weigh just how much you think those employees are worth to your company. The folks over at Google obviously have enormous coffers of wealth to reinvest into their company, but they are still unique in how much they reward their employees: from fully-covered dental and health plans, vacation packages, and educational subsidies, these perks should be an industry standard practice for large companies, but unfortunately it’s not. This is where you can really make your business standout and attract talent that will truly respect your brand and what it represents. Real Employee Involvement In most businesses, big and small, the power structure is clearly defined and segregated. You’ll have the employee complaints that typically go unaddressed, the managerial complaints that take anywhere from a few months to a year to get addressed, and finally the upper-management that makes immediate changes. While this may make sense in the traditional corporate world, it is the absolute laziest and borderline inefficient way of doing business. Employees come in all different personalities, it is your job as a company to make sure they are treated fairly and feel like they have a voice. If you aren’t successful in doing that, then they’ll simply find another way to be heard, either by quitting or going behind your back with extracurricular activities. Freedom to Express Continuing on from the last point about employees having a voice, when your company is approachable, it starts to feel like a real community. Managers and staff can focus on doing work better, faster, and not pass the buck down on someone else when something goes wrong. Mistakes don’t get covered-up for fear of repercussions; and nobody feels inadequate due to not getting all the proper training they should have gotten, but avoided because of the emphasis on timetables and not employee efficiency. When the work environment is as relaxed and confident as Google’s HQ is, productivity actually goes up, employee retention isn’t a conversation that eats up precious resources. Your company can grow without having to follow the old “Two steps forward, one step backwards” formula.
Is Yours a Technology Start-Up? Here Are The Basic Things You’ll Need In Your Commercial Space (Asia Serviced Offices)
So, your business is getting its feet off the ground and you’ve moved into a sleek new commercial space. Chances are you’re excited to get to work in your professional surroundings. However you may not have worked out exactly what you’ll need in your start-up office. Here are few things you absolutely need in your technology startup office to optimize productivity. Furniture If your office is serviced, you’ll likely have a desk and chair waiting for you, although you may wish to add your own touches. For example, you may benefit from additional shelving or storage, especially if your business requires high amounts of paperwork. Additionally, you may wish to add extra chairs to your space in the event a client or prospective employee needs to drop by. Décor If you’re going to be spending a high number of hours in your office per week, you’ll probably want to make it your own. While decorating may not be on the cards, it’s easy to add your own personal touches to your space. Try enhancing your office with artwork, plants or photos of loved ones to ensure you feel at home in no time. Office Essentials Small yet essential purchases can often be overlooked, so it’s important to stock up and ensure you have them on hand. After securing your commercial space, take a trip to your local office supply store and pick up a selection of store cupboard necessities. These may include: Pens Paper Notebooks Sticky Notes Stapler Scissors Paper Clips Binders Printer Ink Along with anything else you may need to complete any vital tasks. You may even wish to keep a kettle or snack box on hand for those moments you’re just too busy to run to the pantry! Software It may go without saying that you’ll need an up-to-date computers to run most modern businesses, yet you may have overlooked important softwares. Packages such as Office 365 by Microsoft will give you the tools you need to carry out any administrative assignment. If your line of work requires specific software, for example Photoshop, ensure it’s readily installed on your office machine before you plan on scoring clients. Finally, as a business owner, you may benefit from using helpful software such as money managers or to-do lists. Internet and Telephone Connectivity High-speed Internet and telephone lines are vital to your business, as you’ll need to be able to liaise with clients without the risk of interruption or downtime. If you’ve chosen to rent a serviced office for your business, you’ll be glad to know that these come as standard with all leases. You’ll also benefit from unlimited, on-demand tech support. This means if anything does go wrong, you’ll be covered in a flash. If you’re considering taking the plunge and setting up a commercial space for your technology start-up, why not take a look at the professional, high quality spaces offered by Asia Serviced Offices? You’ll find a range of locations across Asia Pacific that will cater to businesses of all sectors and sizes.
The Benefits of Getting a Serviced Office when Starting Up a Business
The Benefits of Getting a Serviced Office when Starting Up a Business (Asia Serviced Offices) When setting up a new business, location is key. In fact, you may even consider the location one of the most important factors! Every business needs a base location that’s designed to meet the needs of employees and clients alike, as well as being comfortable and efficient. By having a serviced, productive space, you’ll be setting your company up for success. But what exactly are the benefits of a serviced office? They’re easy to manage and maintain. When renting a serviced office, you’ll be able to enjoy the benefits with minimal work on your part. Rather than owning the property and having to set up the necessary amenities yourself, you’ll be all set and ready to go. You’ll find a high speed Internet connection, telephone line and furniture already installed. Plus, you’ll get to enjoy a fully stocked pantry to help you power through the day. You’ll also be able to troubleshoot any issues in no time, as secretarial assistance and IT support are available on demand. As you won’t have to deal with these set-ups yourself, you’ll find yourself saving time and money as you get your business up and running. Leasing can be flexible. Serviced offices often have more flexible lease terms than other options. This can be ideal if your company may be subject to change as it develops and expands. You’ll be able to select a time frame that suits you, as well as having the opportunity to extend your least if you decide to continue running your business from that location. Plus, if your finances are a concern, this flexibility allows you to find a serviced office that suits your budget. In fact, serviced offices are often more affordable than traditional fixed leases. You’re sure to look the part. By running your business from a professional setting, you’ll be making it clear to potential employees that you take your work seriously. If your business requires you to meet with clients in person, they’ll be impressed by the professional surroundings and may be further inclined to team up with you on their project. Even if your clients don’t need to visit the premises, you’ll still be able to portray a professional image by stating your office address and utilizing the included telephone answering service. They come in all shapes and sizes. When you picture a professional office space, what do you see? Chances are you’ll imagine a room full of desks, bustling with employees. You’d therefore be forgiven for thinking that only large corporations could benefit from a serviced office, however that’s not the case! Serviced offices are available to companies of all sizes. You may even be surprised to learn that small locations are available for independent entrepreneurs who simply wish to have a physical location outside their home. If you’re setting up a business and have found yourself stuck for locations in the Asia Pacific region, Asia Serviced Offices can offer a range of offices that can meet the needs of your company and associates.
Things You Should Consider Before Buying a New Office
Things You Should Consider Before Buying a New Office If you’re setting up a business and happen to have significant amounts of financial backing, you may have considered buying a new office to serve as a base for your company. But is purchasing an office really the best route? The Benefits of Office Ownership The decision to buy an office should not be taken lightly, however there are clear benefits of doing so. When purchasing a property, you will likely be able to secure your payments over the long-term. This ensures you’re paying an affordable amount each month that falls within your company’s budget. There may also be possible tax savings after deducting the property taxes and mortgage interest from your annual review. Finally, investors may be keen to purchase an office in an area where property prices are appreciating. This way, they’ll be able to sell the space and generate a profit when it’s time for the business to move or expand. The Downsides Despite the potential benefits, there are also a number of downfalls. Firstly, you’ll need to gather enough capital to place a deposit on the property, which many up and coming businesses will simply not have. Owning your commercial premises will also make it harder to relocate should the opportunity arise, as you’ll be stuck with the task of selling the property beforehand. Furthermore, you’ll also find yourself stuck with the responsibilities of property ownership. All building maintenance, decoration and security will be down to you. On top of that, you’ll also need to take into account the bills for water, electricity, telephones and Internet connectivity! It’s clear to see how owning an office could be hard work – not to mention expensive, making it less than ideal for start-up companies. So, what’s the alternative? Those who choose not to buy a new office will need to look at alternative means of setting up their business premises. One of the most common and appealing options will likely be a serviced office. This is due to the flexibility, convenience and affordability of the premises in comparison to a purchased property. While you won’t own the office, you’ll enjoy the benefits of having everything you need set up and ready to go as soon as you sign your lease. You’ll find a basic office set-up, high-speed Internet, an advanced telephone answering service, speedy tech support and even a pantry, all included in your monthly fee. With all this taken care of, business owners will have far more time to spend on those all-important projects. If you’d rather not invest in an office for your business and instead favour the idea of a serviced office, Asia Serviced Offices can help. You’ll be able to choose from a number of serviced offices at a range of locations around the Asia Pacific region. Whether your business is big or small, the perfect premises are waiting.