This is a discussion on Why Office for Rent May be Good for a Particular Business but Not for All within the HDB, DBSS, Executive Condominium Discussion forum, part of the Home Planning Forum category; The strategy your business uses may not be practicable for another depending on what product or service both of you ...
The strategy your business uses may not be practicable for another depending on what product or service both of you offers. The same scenario applies when it comes to office spaces where the business operation will be taking place. A business does not have to be established in an entirely new building. Today, you can easily rent an office space and maximize its use. There is often an Regus office for rent Singapore where you can take a small space and further partition it to have additional rooms for your staff. The main reasons people opt for office spaces for rent is because you can get a big room and agree with the landlord on its rent. That has always been my companyís choice because besides paying what we agreed, I can partition the room with glasses to get more spaces. This will not change the rental price we agreed with the landlord but job throughput will be high.
My preference for office for rent Singapore does not necessarily mean that it will work for every business. As we speak right now I own two companies but one of them is on my own property. I didnít want to rent an office space because that business is permanent. The one which is located in a space that I rented is basically for application of tender or where the tendering process takes place rather. I wonít be applying for tenders all year long. Right now, there are booming real-estate projects taking place in Singapore and they will want someone to supply them with construction accessories. Am quite sure that in some years to come, there will be few projects going on in Singapore thus I will have to shut those office for rent Singapore that I currently occupy.
If you are running a business dynasty that is projected to reach global market, then itís better to rent an office for sometime then by your own building.