An office is the first impression of the company. The office indicates the type of business the company is involved in and offers a professional setting for meeting with clients when necessary.
Additionally, a comfortable office space with the necessary infrastructure demonstrates to your employees that they are valued and that the company cares about their overall well-being and health.
Factors to consider when setting up an office
These are some of the factors to consider when setting up an office for your business.
Location
Location is key when you are trying to set up an office space. It defines your business’s level of success. When locating a company, an investor should consider a central location that easily accessible to potential clients and customers. The city’s population, the relevance of the product, and the possibility of attracting new and potential clients for your business should be taken into consideration as well.
If you need to engage with clients with high consumption power, Kowloon, Tsuen Wan, Yuen Long Kau Hui, Tung Chung, Shatin, Tuen Mun, Tai Po, and Ngong Pin are some of the best locations for you to set up an office.
The advantages of setting an office closer or within developed cities are ease of movement and available transportation, parking lot, food, and other essential amenities and services that would make the office more ideal.
Cost and Rental rates
The cost of running a company should not surpass the profits and benefits that the company generates. Even if it does not, the organization should still strive to make it lesser by cutting down unnecessary expenditures.
Thus, choosing an office space that will cost less in terms of maintenance and rent is one of the ways to ensure that the business saves on the office cost. As an investor, you should consider getting a return for the value of your money by considering the following for your office, affordability, the office space, available deal, and hidden charges.
Infrastructure
The infrastructure that is available within the locality of your office space plays a significant role in determining the stability and success of your business. A better working environment can help you to change your working environment into a better and profitable business. Some of the necessities for an office or business include IT support, serviced offices, cafes, internet, Wi-Fi, among other necessities.
Air Conditioning
One of the crucial things to consider in Hong Kong is air conditioning. In summer, it is usually very hot in Hong Kong. Thus, you will need air conditioning for you and your employees to work effectively and comfortably.
Nature and Stage of business
Co-Working space in Hong Kong tend to differ from another in numerous ways. For instance, Paperclip HK is an example of a co-working space that identifies itself as a start-up hub where new and upcoming businesses will get an office space and get advice and support on how to run and operate their businesses.
On the other hand, Loft aims at providing space and a quiet environment for a small group of people to work. Therefore, it is essential to identify the right co-working space that suits your demand and the type of business that your company aims at working with, especially if your business is not yet well established.
Professionalism look
A company should consider looking for an office that has or gives a professional look. An office space should have the possibility of connections, affordability of the technology being used, meeting and conference space, constant professional presence. Further, the office should be purpose-led and thoughtfully designed to attract possible clients and ease accessibility. Professionalism is vital for starting and maintaining a business and the company’s growth. Therefore, a company should consider setting up a company that makes its workers seem professional and branding it professionally.
Team Size
The size of your team matters a lot. Before choosing a co-working space, you should first consider the number of people you plan to work with. If you are alone, it is easier to obtain space. However, if the number increases, it would be challenging to get a fit and better place to accommodate the growing number.
Popular co-working areas in Hong Kong
Two popular co-working areas in Hong Kong are The Hive and Paperclip.
- The Hive Wan Chai. The office space has Wi-Fi, an outdoor roof terrace, complimentary refreshments, meeting rooms, and special events access.
- Paperclip HK Sheung Wan. This equally has numerous amenities that include high-speed Wi-Fi, Priority event access, priority mentoring access, Nespresso coffee/tea. You can get a shared office include the work project includes midtown-causeway bay, playground work sheung wan, ooosh-lai chkok, garage society-central, wynd-central, the coffeehouse-arberdeen, cocoon-tinhau, among others.
Conclusion
In summary, it is essential to put effort into identifying the best co-working space for your business and company. Depending on your area of expertise and the type of business that you are looking for, an office will significantly help your company to pick as well as enable you to have easy braiding and meet new people and ideologies. In case you are looking for a co-working space and you are stuck on where to get the help, we at Paul Hype Page will help you get a co-working office for your business. We are determined to help you make informed decisions by giving you consultative services that will be in-line with whatever you are looking to gain.
FAQs
To choose a working space, you should consider the privacy, flexibility, availability of high-speed internet, accessibility, amenities, and parking space.
Yes. Productivity requires an extra cost.
It is not difficult to find a coworking space in Hong Kong. You will only need to identify the services you require then find that suits your needs.
Coworking is a space where a group of people converges purposefully to work. The people can either work on independent projects or jointly on a similar project. The co-working space provides services offered by the traditional office setting alongside additional advantages.