For SMEs and other users who wish to balance out expenditure with their process of business expansion, there are several options that could be used to aid them along. Some of the most popular practises include setting up a virtual office in singapore, renting serviced offices or using coworking open spaces. Today, we take a look at the difference between renting serviced offices and using low cost virtual office services:
Setting up a virtual office in Singapore is fairly straightforward and affordable. The procedure essentially refers to setting up an office without being required to buy and own a physical location. The virtual office service provider will be responsible for registering and providing the SME with an office address used specifically for communication/correspondence, thereby maintaining a professional reputation for the user.
Low cost virtual office services also come featuring professional assistance in essential business duties like call forwarding, call answering, secretarial services, mail forwarding and basic receptionist tasks. In addition, low cost virtual office services often work on short term month to month contract payments without any need for additional deposits or down payment. This ensures that SMEs are able to conserve their budgets while still attaining professional results in terms of business expansion.
For entrepreneurs and SMEs who have plans to establish their corporation in a city/country without being physically present, or travel for business constantly, low cost virtual office services are a good option to consider.
Serviced offices on the other hand, are essentially actual physical offices that providers rent out to different corporations. Users can access similar advantages to those who possess their own office spaces, often without having to pay the same fees that are associated with them. Serviced offices come fully equipped with furniture, essential office equipment like printers, internet, conference rooms, workstations and even a signage for the corporation
Some serviced office providers also prepare qualified staff receptionists in advance for the SME, so that basic reception tasks are performed with great efficiency. Professional staff members will perform basic functions like call forwarding, mail forwarding, and more. Do note that most serviced office providers require SMEs and users to sign on a lease with monthly payments. For entrepreneurs searching for office spaces, but are still unable to fully commit to a purchase just yet, using a serviced office is the right decision.