Looking for a serviced office in Singapore may be a significant milestone for someone who has just started their company, but there are so many benefits of having one like,
When you have an office, there has to be accountability regarding the cash flow and finances. You have to keep your accounts in order so that the revenue can pay for rent and utilities. You will also be able to have more accountability to your clients. Your business will get some legitimacy and people will transact with you with a sense of trust.
Every business or company needs to grow. This is mostly done by advertising or producing different products to attract consumers, but all of that requires money. One of the ways that you can get more money for the business by looking for investors. The money that you get from your partners is typically used to improve or market the products or services that are rendered well known.
However, it is a bit tricky if you want someone to invest in your company; however viable it may sound, and yet you are working from your bedroom. Having an office is a positive way of showing future investors that you are committed in the company.
Discipline and Productivity
Imagine you are working from home and then all of a sudden someone is in the kitchen cooking up a storm, you try to ignore the aroma but finally give up and go to check it out. First, you taste the food and tell yourself that just a nibble and am back to work before you know it you are sitting down eating a full plate and it is only 10 am. Such situations where you are always going to the kitchen to eat something, or you have to deal with the noise from either your spouse, your children, your neighbours who have just decided to renovate their homes and they have a lot of demolitions or even your dog.
You may find yourself working for very few hours compared to what you had set out for yourself. This will result in low productivity and hence low returns.
Getting a Singapore office space will save you from all these distractions. You can head to your office at the time needed, be able to interact with your clients, do your job and leave at the time that you have set.
You may also attract fresh and young talents that are looking for jobs or internships in your company. You can work with them to make your company bigger and better. At the end of the day having an office will make you come out of your comfort zone when thinking of ideas because of the extra revenue you need to make. That is how billionaires pop up.