For a long time, Thailand has been considered a dream destination. Western tourists flock to the country in their millions every year with the hope of big adventures and exotic experiences. Things are no different when it comes to the business world because Thailand excites entrepreneurs just as much as it does backpackers and holidaymakers.
Over the last decade, Bangkok has become a premier spot for western companies trying to expand into the Asian market. It is relatively quick to register and launch a business here. It offers low corporate tax rates and it has great distribution links to the rest of the continent. For all of these reasons, Thailand is the place to be for modern, dynamic professionals.
Fortunately, there are a large number of premium serviced office locations across Thailand and they come with highly affordable rates. Keep reading to find out more.
The Basic Features of a Serviced Office
Unlike virtual offices, serviced suites are private. You get your own secure space but it comes with the option to allow access to cleaning teams and other maintenance crews. This is not an obligation but, seeing as both are included as part of the monthly rental fee, it’s a good idea to take advantage of them. You also get state of the art broadband at no extra cost.
The Impact of ‘All in One’ Agreements
The beauty of moving into a comprehensive workspace is that you can control your expenses with ease. Rather than handing money to separate suppliers for electricity, high-speed internet, secretarial support, and IT assistance, there is just one sum to pay each month. It is fast, affordable, and subject to change whenever and however you need it.
For example, if markets suffer a blow and sales drop, you have the option to temporarily (or permanently) strip back your corporate resources. In extreme circumstances, you can request relocation to a smaller suite, with lower rates, in the same building. If you were renting a conventional long term office, this wouldn’t be possible without incurring hefty penalty fees.
All the Resources with No Downtime
When it comes to launching a new business in Thailand, the key to success is dynamism and energy. The markets and economies of Southeast Asia move very quickly and, while this is part of their strength, it also means that entrepreneurs can get left behind if they don’t make a rapid move from inception to creation. Too much downtime before launch is a bad thing.
Not only does it zap a lot of that original energy and ambition, it eats into potential profits too. Every day that your company is not open and operational is a day of missed opportunities. Fortunately, many of the best-serviced offices in Bangkok come fully furnished. You can move your team in within days, sometimes hours depending on the conditions of the provider.
Why a Serviced Office Is Your Secret to Success
While Thailand is a fairly affordable place to live and own a business, all companies can benefit from flexible rates and terms. By leaving your options open with a changeable lease, you’re ensuring that the company won’t get stuck in unsuitable conditions. The less time you need to spend worrying about how to get what you need, the more you can spend on satisfying your customers and strengthening your brand.
Get exclusive access to the free resources!
Join 5,000 others to get access to 20+ free printables related to budgeting, traveling, and meal planning with new prints updated weekly.