5 Benefits of Virtual Offices for Start-ups in the Philippines

In the Philippines, opening a business entails looking for office space, applying for permits and licenses, and setting up connecting lines, which take a lot of time and money.

For start-ups and entrepreneurs, these tasks are daunting amidst ensuring the business’s profit. Thus, with the ongoing development, emerging virtual offices for start-ups in the Philippines offer affordability and convenience for businesses.

But before we discuss the advantages of virtual offices for start-ups in the Philippines, let us first reveal what a virtual office is.

What is a Virtual Office?

A virtual office uses a physical space that can function as your company’s registered address and receive mail on your behalf. It enables you to maintain a physical presence in any city without paying excessive rates for office leasing.

Virtual Office Offers:

• A remote receptionist
• Business phone system
• Business address
• Digital mail service
• Remote meeting rooms

If you are still thinking of getting a space for your business, check out the following benefits of virtual offices for start-ups in the Philippines:

Benefits of Choosing Virtual Offices for Start-ups in the Philippines

Businesses can establish a physical presence in an office building in a specific area with virtual offices but without the expense or commitment of maintaining a workspace. If you are starting a business or looking for an ideal space to thrive for your business, choosing a virtual office has many more benefits than you have ever imagined.

Cost-efficient

Choosing virtual offices for start-ups in the Philippines is affordable.Owning a virtual workplace implies incurring fewer daily operating expenses. You don’t have to pay high lease costs, for starters. Additional strategies to cut costs include:

• No upkeep expenses, such as paying cleaners or running repairs, etc.
• There is no need to engage a standby receptionist because the virtual office takes care of that for you.
• Since you work from a convenient location, there are no transportation charges for employees, especially here in the Philippines, where traffic during rush hours are really challenging for workers.

When you figure up how much money is needed for each of these, you’ll see how cost- and business-friendly virtual offices are.

Work-life balance is more stable.

Another benefit of choosing virtual offices for start-ups in the Philippines is the work-life balance is more stable. Start-ups are struggling with time management as there are a lot of things to start working on. But with a virtual office, business operations are convenient, and owners can allocate time for themselves.

Even when dreams are getting bigger, it does not entail compromising the quality of life. Skip the hassle that traffic brings and focus on what you do best for the business. If you are looking for a virtual office for your start-up or expansion in the Philippines, Cotoha offers a virtual office in BGC, Taguig. Its state-of-the-art facilities allow you to focus on doing your business.

A more productive workforce

With the virtual office set-up, the workforce can be more productive as they will work from the comfort of their homes. Keep in mind when a workforce is productive, employees are happier. A recent study shows that Filipino employees deliver quality and effective work on time with work-from-home arrangements.

Increases business credibility

As a start-up, credibility is vital while building connections with potential customers. Nowadays, having a company address is better than using a residential address for business. It gives the impression that the business is looking for sustainability and growth.

This credibility is made possible when considering a virtual office for your business. Significantly, this is one of the reasons why choosing virtual offices for start-ups in the Philippines is getting more prominent.

Interestingly, Cotoha offers a virtual office in BGC, Taguig, a place where most global brands are situated. Grow your brand by choosing the best workspace for your company.

Less complex business operations

If you are still not convinced to get a virtual office, the next benefit might encourage you to choose virtual offices. Aside from saving overhead costs, getting a virtual office saves you from maintaining a building. With the climate that the Philippines has, the destruction caused by natural disasters is another cost to consider in the future.

Not to mention with a physical office, you have to set up security such as CCTVs, fire alarms, and many more to secure the safety of the workforce. Respectively, not adhering to this is punishable by law here in the Philippines.

It does not mean that you are not secure if you work in a virtual office. In today’s virtual offices, such as Cotoha’s virtual office, this type of space offers an added layer of security that is ideal for your start-ups and businesses.

Forget all the complex business operations and focus on growing your brand when you choose virtual offices for start-ups in the Philippines.

Virtual Offices will Help Your Brands Grow.

With virtual offices, businesses can enjoy all the benefits of having a physical office without actually having one. You and your team may work remotely, cutting costs while still exhibiting a reputable and established image to clients, suppliers, and investors. What we have enumerated above are among the incredible perks of getting virtual offices for start-ups in the Philippines.

When you consider the business services that are frequently included with virtual offices, the potential to create a professional workspace for yourself, your team, and your clients without the expenses involved with a commercial lease can be a significant benefit.

Virtual offices are widely available in the Philippines, allowing brands a wide range of possibilities. In Metro Manila, there are various virtual offices in BGC, Ortigas, Makati, and Quezon City to choose from.  Before you start exploring, be sure to think about what you want and need from a virtual office to make sure it will fulfill your needs both now and in the future.

The emerging new businesses in the Philippines are promising to its economic growth. With this, Cotoha Real Estate offers serviced offices such as virtual offices, co-working spaces, and private offices in the heart of Bonifacio Global City, Taguig, to help you and your business focus on business operations and growth.