There are a few things you’ll need to think about when looking to rent an office in Bangkok. The most important thing is to determine what you need and want. So, we’ve put together this handy list of things to consider when looking for office space for your business.
Location, Location, Location
Firstly, where are you going to rent an office? Ideally you should choose somewhere that is close to your clients and suppliers, but not too close that they will become a nuisance. The last thing you want is to be shouting at your customers as they try to enter or exit your office! You should also consider other factors such as public transport links and the parking situation. If you offer good public transport connections to your customers then you will not only save money on petrol but also on car parking fees. Try to keep your office away from major roads and public car parks as this could cost you a lot in lost business as a result of vehicle congestion.
What’s Your Budget?
Work out your likely budget before you start looking for premises. This will help you rule out places that are too costly before you even see them. You will also need to take into account any furniture, equipment and other purchases you will need to make in order to set up your new business. Some businesses use industry averages as guidelines when working out their budget. However, it’s important to remember that every industry is different so you need to make sure that your budget is appropriate for the needs of your business.
What About The Lease?
How flexible is the lease term? A flexible lease allows you to cancel your contract without penalty if things change and you need to move or downsize your business. A long lease may suit you if you have big plans for growing your business and will be staying in the same location for a long time. It may also reduce your monthly rental costs. However, you may be able to negotiate a shorter lease term if you provide the landlord with some form of assurance regarding your future plans for the business. Alternatively, if your plans are uncertain, then a short-term lease may be the best option for you.
