Hong Kong is a great place to do business and expand your startup into international markets. This makes the city highly attractive for emerging entrepreneurs seeking to make their mark in Asia. Within Hong Kong, however, there are a variety of options for housing your business operations, some of which make more sense than others for entrepreneurs.
Exploring some of the premium virtual offices in Kowloon, for example, is a prudent and affordable means of boosting your business. For startups and budding entrepreneurs who might be high in ambition but low on startup capital, virtual offices represent a sensible and respectable decision that can significantly increase your business’ chance at success.
To demonstrate how this is the case, let’s take a closer look at why Hong Kong entrepreneurs are increasingly gravitating towards virtual offices.
Affordable Rental Rates
Since Hong Kong is such an attractive place to do business, it has become one of the most expensive cities in the world for both personal and business real estate prices. This has made the cost of renting large-scale buildings prohibitive for those who are just starting out in the business community. When you are a fledgeling startup in Hong Kong, there is little need to rent out elaborate office space that will largely go unused in the first place.
To minimise your cost of doing business in the city while still retaining many of the benefits of traditional office space, virtual offices represent an affordable solution. Even with premium providers, you can find a virtual office package that suits the needs of your company and your budget.
One of the best perks of choosing a virtual office is that you can immediately use the prestigious address of your provider’s building on all your business material. Choosing Servcorp’s One Peking Road address, for example, will give you instant credibility and respect. This building is located right in the heart of a major business and commercial centre in the city and is well-known to the local business community. If you are struggling to make your mark because your clients do not perceive you as a serious player, then virtual offices are the solution to your problems.
Avoid The Commute
The immediate benefit of using a virtual office is avoiding the commute through bustling Hong
Kong each workday. With a virtual office, you can conveniently work from the comfort of your home, or anywhere, while maintaining a respected address to receive your mail and phone calls. Avoiding the crawl of automobile and pedestrian traffic can save you valuable time that can be better spent on improving your business model and marketing your services to potential customers. Moreover, you will be able to exercise more flexibility in balancing your work and your personal life, an important consideration in the increasingly frenetic pace of business life.
As a bonus, working from home and avoiding a commute each day is also an eco-friendly choice. If your business markets itself as environmentally conscious, a virtual office might be worth considering for this reason alone.
Real Results From Virtual Spaces
Gaining real benefits from the use of a virtual office is one of the most straightforward ways of ensuring early success as a Hong Kong entrepreneur. For all these benefits and more, it is no surprise that an increasing number of startups and business people in a variety of industries are choosing this model for their companies. Try a virtual office to add instant legitimacy and enhanced productivity for your business with little of the cost of traditional office space.