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subject: Seat Leasing Business In The Philippines [print this page]


Setting up a location for a business is no longer confined with having to rent an office space only. With the stiff competition happening as a result of globalization and the development of technology in communications, business processes and boundaries have tremendously changed. Business processes are now forced to outsource their industries and create office spaces in locations around the world.

The industry greatly affected by the development of technology is the IT industry. And most of the IT companies choose or have considered the Philippines as the country where theyll offshore their businesses. This is such because the Philippines BPO scene has tremendously improved in favor of IT-BPO industries.

But not all foreign industries have private buildings or private establishments. One business strategy that companies are doing is setting up virtual offices or lease office spaces. In fact, this strategy is being adapted by more and more companies day by day. This is such because, seat leasing in the Philippines reduces over-all operational cost of a company and allows companies to focus on other aspects of the business.

With setting-up seat leasing, seats are purchased on a monthly basis, and do not require long-term contractual agreements. Companies also have the option to start operating immediately after inquiry. 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 options 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 companies. A thriving 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 safer location than Manila for employees who work during the evenings, making it a more viable 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 essentially similar rates, which range from Php 5, 000-10, 000 depending on the size of the business enterprise. However, both locations are regarded as well-suited for BPOs and call centers, and are regarded as prime business centers in the Philippines.

As an added advantage for companies leasing seats in the Philippines, seat leasing also eliminates a number of legal processes that is required from purely establishing or registering a business in the Philippines.

by: popol troy




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