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Friday, January 26, 2007

Finding an office

An office is defined as a base for the company more than the business itself. This is because the business can be as mobile as the need to be, operations can be started even without an office. Upon setting up a company, entrepreneurs should submit a registered address and this could solely for formal documentations but any other office has to be submitted for communications, however the day to day running can be done anywhere, either office lot, office space, serviced office or even from home.

Many companies have had experience running their business remotely. This is either their staff would work remotely or the business would be mobile. Partly many companies can even share the same office space with other companies to save cost.

Running a business requires aggressiveness and to achieve this it doesn’t come from being located in a good office but the people behind the business itself.

Types of offices:

Office lot – This is an office where the whole lot of the office is rented or bought. Ion the long term, this is the better option but the start investment could be high especially in prime locations.

Office space- Office space is a portion of office lot. This could as little as 200 square feet which is sufficient for a startup.

Serviced- This type of office is much more expensive than the others, its small but it is maintained by the management of the office. Its usually furnished and the utilities such as water and electricity are included.

Virtual Office- This type of office offers companies secretarial assistance to keep the business running. A dedicated secretary will always be there to attend calls on behalf of the company, Many foreign companies use this service on other branches that they have all over the world and becoming popular.

Home office- This is where entrepreneurs undergo work in the comfort of their own home. Usually equipped with computers, fax, printers, scanners and other necessity they can operate as efficiently as being in the office.

1 comment:

Unknown said...

I like this post. I want to run my own business soon, so I'll have to keep this in mind. I can use all the help I can get during these tough times. Lately I've been thinking about buying a business instead of starting one from scratch. It's tentative, but I'm strongly considering it. Do you have any suggestions or advice? Thanks.