As the virtual office industry kicks into high gear, the number of providers offering business solutions has drastically increased. Offering an array of amenities, these businesses have fitted out start-ups and small businesses, as the virtual office suite works ideally for businesses with teams numbering less than ten. In Malaysia, the virtual office has done wonders in opening up doors for smaller businesses who might not be able to access buildings in the CBD.
At its best, the virtual office is like an office offering both an on-site and online landscape in which to work. When searching for virtual offices – Servcorp, for example – can give your business the benefit of managing your office on and offline. Most basic plans, however, will give businesses an address, a dedicated phone number, and an internet connection. Not all virtual office suites are the same, and when looking for a virtual office, businesses should pay attention to a few factors.
Let’s take a closer look at some of the considerations businesses should make when looking to register company in Malaysia or set up a virtual office there.
Multiple Locations
Larger serviced office providers have locations in other parts of the country or city. If the provider is an international company, then you have the chance to work in locations around the world if there is an office. Most international leases will offer your business the chance to reserve space on an as-needed basis. Servcorp actually provides its renters with vouchers that allow them to reserve space around the world. For professionals who travel a lot, the international service provider can fit out their business with access to meeting rooms in international locations.
On-Site Facilities
Another important feature that businesses should pay attention to is whether the serviced office can provide your business with access to on-site facilities. While the online landscape is taking over brick-and-mortar offices, there is still a need for the conventional office. Face-to-face presentations go off without a hitch when professionals are in the same room, and if it is in impossible for people to meet, the online landscape and some facilities offer video-conferencing abilities. In the end, the price might increase with this feature, but it will be worth it in the long run.
Office Scalability
Another consideration businesses should make is whether your business can transition into another workspace easily. Larger serviced office providers will have a menu of workspace options that will make it easy for businesses to move from the virtual office to other office types. Typically, businesses want to consider leasing companies that can move your office into fully-furnished spaces quickly and with little downtime.
Business Registration
Both foreign businesses and Malaysian professionals benefit from a virtual office suite that can assist you with the details of registering your business in the country. This feature can help alleviate many of the obstacles related to setting up your business in the country. While not the most important part of the virtual office, it can help you get your business ready sooner than if going it alone.
Costs Versus Value
With the proliferation of the virtual office, you are going to find all different types of office suites offering a range of amenities. The important thing is to take inventory of your business’s needs and assess the particular amenities you will actually need. Then, shop for the virtual office that will give you the most value for the cost.
Factors To Consider
The virtual office brings structure to the modern remote office. Malaysia businesses just getting off the ground can benefit from this particular workspace that provides all of the tools of modern business without the extra expense. Ultimately, however, the tools that are important will depend on the needs of your venture.