What to Consider When Selecting a Virtual Office for Your Tech Startup

The Southeast Asian market has become a mecca for tech investors and entrepreneurs. They know that, in many countries, they can take advantage of relatively low tax rates, a strategic location, and thriving, expanding economies. Singapore is a popular choice for many of these reasons and, every year, it welcomes more foreign business owners.

The country represents a key trade route to the rest of the continent, so making it here is an opportunity to grow quickly. Most people speak English, so hiring employees is not as tricky as it might be in other regions. Plus, there are plenty of options for businesses looking to set up and start making money almost immediately.

Virtual office solutions are one such option. Keep reading to find out how they can help your tech company to thrive in Singapore.

Corporate Assets and Resources

The potential for variation among virtual providers is substantial, so you need to pick carefully. Check out www.servcorp.com.sg/en/virtual-offices/ for an example of the facilities available in Singapore. For tech companies, the actual hardware onsite is going to be more important than things like atmosphere and leisure spaces.

You probably can’t get away with a simple facility that contains standard networking equipment and telecoms. Tech companies depend on constant connectivity. So, choose a provider that can guarantee the fastest, most reliable internet speeds. If you do lots of product presentations, look for projection tools and media rooms.

The Right Atmosphere and Mood

After tech resources, think about the atmosphere and general mood of the workspace. The ideal mood is different for everybody, and it is up to you to decide whether a quieter or more collaborative floor plan is required. You can, of course, take advantage of both if you pick a virtual office with a combination of work environments.

The only reason why a fully open floorplan might not be suitable is if your company handles sensitive data on a regular basis. In that case, you need to search for an office with some individual workstations or consider an upgrade to a serviced suite. They offer more security because space is not shared, but tenants still benefit from negotiable terms.

Robust Back Office Support

The whole point of moving into a virtual workspace is to reduce the pressure on your resources, both in terms of overheads and logistics. So, you should be searching for a provider that offers full back office support. There should be a skilled team onsite at all times to advise and make repairs when necessary.

While not all virtual offices are open 24/7, the thing to remember is that paid for services should be available for as long as the building is open to you. If the broadband goes down at 11 pm, a good facility knows how to respond and minimise disruptions. Make sure that you have access to laser printers, copy machines, scanners, and direct dial VoIP phones.

Expanding Your Tech Company Is Easy with Virtual Solutions

For burgeoning tech companies, virtual office solutions are a real lifeline. While all businesses require a lot of startup equipment to launch, tech ventures are heavily dependent on particular kinds of hardware. It can be very costly and leaves little room for investment in the future.

With a virtual facility, the pressure is reduced, because access to all of this equipment is instant in exchange for a flat rate fee. Plus, tenants can budget more efficiently, as there is no need to pay for services which your company will not use. In fact, the ‘pay as you use’ system ensures minimal waste. If you do not need it, don’t pay for it.