5 Tips for Finding Your First Bangkok City Office Space near Sukhumvit
Thonglor is a trendy neighborhood in Bangkok. Also known as Thong Lo, this neighborhood mainly lies on Soi Sukhumvit 55. If you explore this place, you will find a number of swanky restaurants, coffee shops and cool bars. It is walkable and also easily accessible by public transportation.
Thonglor is the spot if you want your office to be located in a very accessible and less touristy area.
If you are looking for a serviced office or a virtual office in Bangkok near Sukhumvit, Mint Worklounge can help you. Just contact us and let us know of your needs and we can customize them for you.
Find Mint Worklounge Serviced Office Thonglor Soi 13 on Google Maps
The neighborhood is home to many established companies, thanks to its prime location in the middle of Bangkok’s prestigious CBD.
To help you find your first Bangkok office space next to the Sukhumvit area, here are some practical tips to remember:
1. Get professional help.
No matter who you know and how familiar you are with the place, you are off to a good start if you seek professional help before you even start your search.
One of the first things you can do is to seek legal professional help that specializes in the nature of the business you are into. Check the requirements to be compliant with state, local and federal laws. For certain types of businesses, there are required business structures you may not be aware of. You want to get these things covered before finding an office space.
Aside from legal guidance, you could also consult real estate brokers, public relations professionals and human resources for some advice on the best location. These professionals can give you insights pertaining to their fields. For example, if you want to find a location that offers the biggest advantage for your employees, a human resource professional can give you some tips.
2. Weigh the advantages and disadvantages of a particular office location.
They say that a good location is key to business success. However, there’s more to being a “good location” than having your office next to your favorite restaurant!
As part of your search, weigh the pros and cons of having an office location in the outskirts or at the city center. Get information about the transportation, cost of living, noise, and surrounding facilities.
It’s also a good idea to know what the place is known for. For example, if the area is known as a technology hub and you are into a very different kind of business, you may reconsider your decision to choose that place for your business. There’s a reason why certain areas or regions are associated with a specific industry. For example, in the US, Silicon Valley is synonymous with high technology businesses. By having your office near where companies in the same industry are located, you can gain access to valuable resources such as talent pool, investors, clients and other economies of scale. All these resources can help your business thrive down the road.
Moreover, don’t forget to check the reputation of the place. Is it a safe area with minimal crime incidents? Does the place ring a bell to any visitor?
With enough information, you can easily compare the places you are considering for your office space. From there, you can make a decision depending on the factor that really matters to you.
3. Understand your short-term and long-term growth projections.
While having your first Bangkok office space in the right location does not guarantee success, renting a much bigger office space than what you need is a surefire way for many unnecessary expenses. That is why, as a business owner, you need to have an accurate growth forecast to anticipate your needs for an office space.
We understand the challenges of accurately forecasting your growth. So an alternative is to find an office space with a more flexible contract agreement. This way, you can easily expand or move to a much larger space when the need arises.
4. Decide the most advantageous lease contract for your setup.
Office space contracts greatly differ in terms of cost, length and inclusions. More often, what you can save on rental costs will be spent on hidden fees like the cost of amenities, utilities and use of equipment. Check what is included in your contract and make sure you are looking and considering the right numbers when making your decision.
Moreover, lease contracts can be short term or long term. Short-term contracts are ideal for startups and growing businesses as this type of contract offers more flexibility to adapt to new situations that may come your way. Although longer contracts are usually cheaper, you are tied to your lease terms for a longer period of time. And in case of exponential growth (or losses), you can’t easily adjust to the situation.
As businesses can be unpredictable, it’s also important to pay attention to the contract’s exit agreement which includes the notice period and the fees you are required to pay.
5. Consider non-traditional offices.
For startups or businesses that expect to have sizable growth in the near future, it’s more cost-effective to go with non-traditional office spaces such as serviced offices and coworking spaces. These office setups offer an employee-friendly environment and fully furnished spaces for everything you need to operate.
Non-traditional offices have several advantages over regular office spaces including having exciting amenities, clean and organized setup, and spacious and clean work areas. If you are considering this option and you prefer to get one in Thonglor, one of the best options available is Mint Worklounge.
Mint offers serviced offices at THONGLOR SOI 13. These offices are inclusive of utilities, high-speed Internet connection, reception services and maintenance. Moreover, MINT has full floor office suites with a cafe and a bar, two meeting rooms, a podcasting and VDO studio, and a photography studio.
Get in touch with us today!