Things to Consider When Choosing the Best Office Space in Manila
Running a company involves taking care of several factors, including logistics, operations, and manpower. While these considerations are indeed critical to ensure the success of your business, one aspect that probably gets overlooked is choosing the most suitable office space.
Selecting the best office space in Manila might seem like an insignificant decision when launching a startup company; however, doing so might be crucial for the growth of your business. Choosing the right work environment for your employees can make or break your success.
In this article, we’ll help you learn how to pick the best office space in Manila by discussing the different things you need to consider. From understanding spatial needs to evaluating the local business ecosystem this guide has everything you need.
Location
The heartbeat of your business starts with its location. Selecting an office space near your business partners and clients is critical for fostering lasting relationships and closing deals easily. This is possible because you’ll be in the thick of the action, allowing you to address your clients’ needs or communicate with your suppliers immediately without having to worry about traffic and other issues.
Additionally, you’d want to choose a workspace situated in a reputable neighborhood. Having an office space in Binondo, Manila and other highly regarded areas will add to your business’s reputation and help gain the trust of new clients.
In terms of location, you should also think about how your employees will get to work every day. Consider the office space’s access to transportation hubs to ensure that your staff members can easily commute to work. Selecting an office space near major highways also means that your clients can easily visit your office and do business with you.
Costs
Before signing the contract for your new office space, you should look at the costs associated with leasing it. Make sure that you understand your financial limits and are not exceeding them just for the sake of visual appeal or perks.
You should also review the lease terms with a fine-toothed comb, keeping an eye out for any hidden costs not explained by the lessor. It’s crucial to ask questions, crunch numbers, and negotiate when you can to ensure you’re getting your money’s worth and staying within your budget.
Space
When it comes to office spaces, size matters. Choosing the best office space in Manila for your business involves assessing and understanding your company’s current and future spatial needs.
Before you decide on a workspace, make sure that you’ve considered how well it can accommodate your team comfortably, including your office equipment and furniture. You should also think of your company’s future growth trajectory and if the office can handle it.
Additionally, it’s important to assess the office space’s layout. Do you prefer to have an open floor plan for your office to foster bonding and collaboration or a segmented space that allows for privacy? These simple decisions can greatly affect your employees’ workflow and productivity.
Technology
In the digital age, a hiccup in connectivity can grind productivity to a halt. That is why it’s essential to assess an office space’s internet connectivity before choosing one. After all, no one wants to deal with buffering during a crucial video call.
You should also assess if the space can accommodate your unique technological needs. For example, you should ensure that the office space can accommodate a high-speed internet connection, state-of-the-art projection equipment, or server space.
Amenities
Amenities are the cherry on top when selecting the best office space in Manila. Although these features are not especially necessary for your business operations, they can make your office space more conducive to productivity and appealing to clients.
Some of the amenities you might want to look for in a workspace are an elegant lobby and an on-site gym. You should also consider some of the creature comforts that may be non-negotiable for your team, such as a fully stocked pantry.
Scalability
Your business is a living, breathing entity—it grows, it shrinks, it evolves. Therefore, the office space you choose should be able to keep up with your pace.
To assess the scalability of a workspace, evaluate how well it can accommodate your company’s changing needs. Ask the lessor if there is room for expansion or an adjacent office space that you can rent in the future when you expand your business.
Additionally, make sure to read the lease carefully before signing. Assess the length stated in the contract and see if it aligns with your long-term goals. Remember that a longer lease term might provide you with stability but might not be ideal if you’re planning to expand in the near future.
Flexibility
Another thing you need to consider when selecting an office space for your business is its flexibility. Make sure to inquire about the building’s policy for modifications before signing an agreement. This is essential because some condo and office buildings in Binondo, Manila are strict when it comes to modifications.
For example, does the lessor allow you to knock down or build a wall to meet your ideal office layout or are you stuck with the space’s configuration as is? Having the freedom to design your office space can make or break your company’s business plan, so it’s important to know if you can adapt your space to meet your evolving needs.
Compliance
An often-neglected part of looking for an office space in Manila is checking the building’s compliance. Ensure the space you’re eyeing complies with zoning laws and holds all the necessary permits to operate.
Moreover, don’t just skim through the contract before signing. Read and understand every clause to ensure you’re in the clear. When in doubt, don’t hesitate to seek legal advice—it’s better to be safe than sorry.
Parking
Last but certainly not least, consider the office’s parking space, a commodity as precious as gold in a bustling city. Determine if the building has enough parking spaces for your employees and clients and the cost of renting these slots.
Find the Perfect Space for Your Business
Learning how to select the best office space in Manila for your company might seem challenging. However, by finding the balance between the factors listed above, you’ll be able to find the most suitable workspace that meets your brand’s unique needs. So, let the hunt begin for the office space of your dreams and get one step closer to success.