When you are launching or expanding a business, there is a great deal of focus on change and new beginnings. Usually, there is a lot of momentum and energy, which companies can harness to make their presence felt within the market. It is true that launching in the right way is important, but it is not the only indicator of success.
It takes years for a new business to settle in and adapt to a new environment, particularly if the expansion is in a country with a very different culture. For instance, many western entrepreneurs move to Hong Kong, because it has a strong economy and a healthy consumer market. Tech ventures do particularly well because there is a big appetite for innovation.
If you are interested in launching a business in Hong Kong, virtual office solutions provide a clever way to get started immediately. Keep reading to find out more.
You Can Get Started Right Now
The primary benefit of launching from a virtual facility is the opportunity to start right away. If you were to look for a conventional, long-term lease you’d not only have to wait for it to be finalised, you’d also have to fill it with resources.
Virtual offices are available on a ‘ready to go’ basis. You have to share the space with other tenants, but they are fully equipped, and everything inside is made available to registered users. For more information visit – http://www.servcorp.com.hk/en/virtual-offices/ and check out one of the leading providers in Hong Kong.
Flexible Contracts Are Available
With rising rent costs pricing many entrepreneurs out of the best spots in Hong Kong, it can feel like the only option is to compromise and accept an imperfect arrangement. Fortunately, there is an alternative to rigid 2-5 year leases. With virtual office solutions, there are no long-term contracts.
You pay a flat rate access fee and only incur extra charges if you want to use supplementary services like boardrooms. This level of flexibility is vital, and it enables young companies to thrive and survive in difficult times. It also presents the freedom to grow at a rapid rate if your expansion plans go better than expected. You can simply upgrade your office package.
Location Prejudice Is Powerful
Location prejudice exists in all major markets, including Hong Kong. Ultimately, investors (and customers, to some extent) look at where brands are based when assessing their value. It is why even the best start-ups need to get out of the home office and into a professional environment at some point. To attract professional interest, you need to look the part.
While it might feel a little unfair to be judged primarily on your corporate address, you can use it your advantage. Claim the address of a virtual facility as your own, and you get a location which looks impressive, without the sky-high fees. Tenants in serviced offers are encouraged to utilise onsite mailboxes and mail sorting assistance.
Success Can Be an Inevitability
If you choose to run your business from one of the virtual facilities in Hong Kong, you will get to enjoy constant connectivity. You are paying for the best, so these providers invest a lot of money and time in ensuring that internet speeds are fast, reliable, and disruption free.
When combined with all the other perks – receptionist services, secretarial support, IT advice, and more – it is clear that going virtual is a really great solution for small businesses and companies looking to open new branches. With flexibility comes greater stability, because you are in control of what you use and how you access it.