Either you’ve got a growing business or one that is just a start-up, one of the most crucial decisions you are to make is to find the best office space for rent in the Philippines. There’s a lot of key factors that need to be considered, which include the budget allocation, the size of the space you need or the number of employees you are to hire. The list goes on up to the type of facilities your business demands and the internet speed your operation requires — from the most generic to the most specific details. These are the things that will guide you to make the right decision.
In this article, we will show the both sides of seat leasing and renting an office space. This is to guide business owners to make an educated and well-thought choice as well as be able to differentiate the features between seat leasing and renting an office space.
Renting an Office Space
Pros
Renting an office space gives you the freedom to do what you want, except owning the office. You have the option of customising the space to create the environment you want. This is a more practical choice for businesses that have many employees or will soon have many employees. Office spaces for rent in Cebu gives the full control of your working environment, which can be a pretty big deal for some businesses.
Cons
Renting can tie businesses up in a long-term financial commitment. Usually, office renting contracts can last up to seven years. Businesses are required to produce a pretty large amount for the deposit and advance rental of the office space. Aside from this, it is also important to note that maintenance as well as permits and other legal documents are to be accomplished by business owners. These loads are to become a massive pile of expenses if not carefully thought of.
Seat Leasing
Pros
Unlike renting an office space, seat leasing will not require much of your finances as well as time. Businesses can start with a minimum of one (1) seat and gradually increase the number as the number of seats required grows. This is one of the most amazing advantages of seat leasing — flexibility. Another good thing about seat leasing is that most of the deals and packages are already all-in-one, which means business won’t have to worry about equipment rental or IT support since it is part of the affordable monthly rate.
Cons
With a number of seat leasing providers available in the market, it can be hard to find the one that suits your needs — budget, location and other specifics. Leasing a seat can sometimes mean businesses have to share workspaces, conference rooms, pantries and comfort rooms with other lessees.
So there it is — both sides of seat leasing as well as renting an office space. Whether you want to lease a seat or rent an entire office space, MyOfficeinPh is your one-stop shop. Set up your office in the Philippines today. Contact MyOfficeinPh!
