Philippines: The Country Where They Rent a Seat for Their Business #BloggersSocialMediaOpinion

Philippines: The Country Where They Rent a Seat for Their Business #BloggersSocialMediaOpinion

Establishing a place for a business is not anymore restricted with having to lease an office space only. With the harsh competition happening as a result of globalization and the advancement of technology in communications, business operations and borders have immensely changed. Business operations are now compelled to outsource their businesses and set up office spaces in areas around the globe.

The sector significantly impacted by the advancement of technology is the IT industry. And most of the IT firms choose or have considered the Philippines as the country where they'll offshore their organizations. This is such because the Philippines' BPO scene has greatly improved in favor of IT-BPO industries.

But not all international businesses have private properties or private establishments. One business method that firms are doing is setting up virtual offices or lease office spaces. In fact, this approach is being adapted by more and more companies day by day. This is such because, seat leasing decreases over-all operational cost of a company and allows companies to concentrate on other areas of the business.

With setting-up seat leasing, seats are acquired on a monthly basis, and do not require long-term contractual deals. Companies also have the choice to start functioning right away after request. Necessary arrangements can also be done and necessary facilities can be requested for the smooth operation and transition of a business. Seat leasing arrangements also include alternatives such as plug and play solutions, desk and cubicle office arrangement and internet access installation.

Seat leasing in the Philippines are located in Manila, Fort Bonifacio, Ortigas, and Makati. "Makati is the biggest financial district in the Philippines and is home to the offices of a large number of foreign and local providers. A flourishing IT Park, Makati also boasts a large number of PEZA buildings, and commercial office space for rent, lease or sale. "says Michael McCullough, co-founder of Philippines real estate brokerage firm KMC MAG Group, "Makati offers a much secure location than Manila for employees who work during the evenings, making it a more practical location for both call centers and seat rental facilities. And although it not as high profile location as Makati, Manila is also an important central business district (CBD) in the Philippines. Seat rentals and commercial office space in Manila are also cheaper than in Makati. " But take note that these locations differ in start-up costs, utilities, electrical and rental fees.

Seat leasing in Makati and seat leasing in Fort Bonifacio ranges from USD 150-300 per month for a seat while seat leasing options in Manila range from about USD 150-200 per month (with varying prices depending on facility requests). Finally, In terms of start-up costs, Makati, Manila, Fort Bonifacio and Ortigas have basically similar rates, which range from Php 5, 000-10, 000 depending on the size of the business enterprise. However, both places are regarded as well-suited for BPOs and call centers, and are regarded as prime business hubs in the Philippines.

As an additional benefit for organizations leasing seats in the Philippines, seat leasing also reduces lots of legal processes that is necessary from solely setting up or registering a business in the Philippines.

Source: Popol Troy has been employed as a freelance broker in the Philippines. He is currently connected with Seat leasing in Fort Bonifacio, Ortigas, and Makati. KMC Solutions