At the beginning of this year, I left the Australian Navy and became an Entrepreneur. In February, I started a successful business in seven days with just $500. And now I'm taking on my biggest challenge ever: become the Smallest Multinational in the World. I have offices in Tokyo, Paris, London, New York and San Francisco and on 1 October I'll be setting off to visit all these cities in just 12 days to secure the overseas clients I need to substantiate my bid. Wish me luck!

I'll be blogging and tweeting throughout my trip and beyond. Please drop me a comment; I'd love to hear from all of you out there who are inspired about what I'm trying to achieve. I'll also be checking in with 4Square, so if you're close by come and say hi.

While Bangkok has seen a decline in its commercial real estate sales during the past three quarters, new construction continues to move forward. The abundant supply and weakened demand are good news for buyers looking to purchase real estate in Bangkok, as many are now offering price discounts and other promotions. The leasing commercial real estate is now an excellent option for those who are not ready to buy property.

Commercial Real Estate Offered at Bargain Prices 

Recently, the government began offering various stimulus packages to kick-start the commercial real estate market in Bangkok. These combined with the promotions now being offered by developers make this an excellent time to lease or purchase new commercial properties. The suburban and midtown areas offer many good options for business owners who wish to expand or move into a larger facility.

There continues to be a significant number of expatriates renting high-end properties valued at more than THB 20,000 per month. These turn out to be wealthy investors and entrepreneurs with various business interests in the region. These investors are often looking for upscale commercial property they can lease or buy and then lease out to small business owners. Savvy investors can find good bargains at the moment on commercial property leases.

Continued Commercial Real Estate Growth in Midtown and Downtown 

Thailand continues to have a strong import-export sector with investors now flocking there from all over the world. Bangkok offers many lucrative avenues for the lease of commercial property, not only in downtown Bangkok but also in outlying communities. With about 40% of all commercial property now located in midtown and downtown Bangkok, big retail developers are now planning renovations that will increase property values in the region. The suburban area commercial property has been offering good deals for those who want a high-quality commercial space at an affordable price.

Major Fashion Brands Looking for Commercial Property 

Developers are moving into areas like Central Plaza Bangna, Siam Discovery, and Central Plaza Pinklao with plans to renovate existing industrial property and/or build new projects as needed. Major fashion brands are currently looking for property in Bangkok so they can expand their sales from Europe to Southeast Asia. Expats and new investors make up the two major groups searching for deals on commercial property leases.

Developers Take Advantage of Sluggish Economy to Make Big Moves in Commercial Sector 

A weak economy has contributed to the slowdown in retail improvements in the provincial cities. Banks have been reluctant to lend money to first time developers, choosing to wait out the stock market challenges. As new investors take advantage of these sentiments, commercial lease costs could go up. Experts are hoping for stronger consumer spending, which would initiate new development in the downtown and suburban areas.

Getting Affordable Leased Space in Prime Areas 

If you sometimes find yourself needing an upscale place to meet with foreign investors, advertising executives, or potential customers, then a serviced office space is an excellent solution. Servcorp Serviced Offices have office space in many sizes, along with boardrooms, which are fully furnished with attractive decor. You can get an impressive address in Thailand for your business and many other amenities for one low monthly price from Servcorp. Please call +66 2 231 8100 if you would like a free quote on office space or meeting rooms.

Have you ever stopped to think about what kind of lease arrangement would work best for your business? In Thailand, it is possible to obtain 100 percent interest for a land lease. The lessor (letter) gets the right to exclusive possession of the premises for the entire period of the lease. If you are a business in Thailand with fluctuating finances, here are some of the reasons why you should not go for long-term lease:

Complex negotiations

For a business, it is almost impossible to predict the scenario after 10 or 15 years. Long-term leases can be complex and negotiating a contract that will meet all your future requirements can be a challenge.

Increased costs of maintenance and repair

If the property is not properly maintained, often it is seen that the money spent on the repair and maintenance is close to the overall cost of the lease.

Increased risk

Getting into a long-term lease agreement means you will be liable to pay the rent for a longer period. This can often become an unnecessary financial burden for a company.

Long term lease can get expensive

The economy of Thailand is in good shape. When economic conditions are good, the cost of real estate is usually higher than usual. If you lock in the price at this time, you will keep on paying higher even when the real estate market goes down.

Long term lease is not good for startups

If you are a startup, which is highly likely in a country like Thailand, it is not recommended to invest the majority of your capital in a long-term lease contract. Evaluate your business plan and make realistic decisions based on the fortunes you are likely to amass in the coming years.

No flexibility

If the office space you have leased is found to be acceptable, but not ideal for some reason, then you will have to stay in the same premises for the entire lease term due to the hefty lease amount you have spent. With the changing business scenario of Thailand and new business opportunities coming up every day, it makes sense for an organization not to restrict itself with a long-term lease agreement.

The options of lease termination and contraction give you the flexibility you need to stay profitable in the turbulent scenario. If you have already decided to get into a long-term lease agreement, make sure that you have the right to sublease your space, which gives you an opportunity to cover some of your expenses via a subtenant.

What if your business fails?

Companies often go through the initial growth phase, but that doesn't mean that the growth will be the same in future. Long term sustainability is an issue with many startups. In fact, eight out of ten businesses in Thailand fail within eighteen months of opening. With a long-term lease, you remain responsible for unpaid rent even after your business is closed. Short-term leasing makes it easier for companies to move on quickly if things do not work out.

Of course, there is also a middle ground between the long-term and short-term office leases. A popular choice, especially here in Thailand, is the use of serviced offices offered by companies like Servcorp. Founded in the year 1988, Servcorp is committed to provide world's best serviced offices at rates that are affordable for most businesses. For technology-driven office solutions that work best for your business, call them now at +66 2 231 8100


The biggest obstacle that many of them face is finding the right office space for their business. This can be solved with serviced or leased office space. Though Thailand has a great deal of serviced office space to offer, many are lacking in some of the major services that a business person requires to succeed. Thailand serves a large population of offshore companies who choose this region due to its strategic location and vast natural resources. This highly profitable area has a strong economy and many new startups come here each year.

Get a Reliable Communications Network at Servcorp 

One of the major amenities that Servcorp offers is dependable communications system built with the latest and greatest technology. You can get a dedicated receptionist who is bi-lingual and this gives your business a very professional face. You'll also enjoy a local phone number. Another feature that business owners love is the luxurious décor and furnishings at Servcorp. When guests arrive for meetings, they're greeted by well-trained people who are courteous.

Get a Prestigious Address 

Mail and email handling and forwarding are also very beneficial for business owners. You get a prestigious address to list on your company letterhead and you never have to worry about missing an important message. You also have access to Servcorp Onefax, a secure fax to mail technology, along with access to video conferencing. This can make life easier for any business owner and will give clients and investors the impression that your business is much larger than it really is.

Save Time and Money by Dealing with Professionals 

What if you could set up a top quality office presence in a prime location in Thailand without the huge financial outlay? That's the beauty of what Servcorp has to offer. You can get premier office space in any one of the three skyscrapers. These include #1 Silom Road, Park Ventures Ecoplex, and The Offices at Central world. Many well-known corporations have offices in these buildings so you'll be rubbing elbows with executives from international companies.  The cost to get set up and going is minimal when compared to a dedicated office. You won't have the hassle of hiring and training new employees. Servcorp gives you very efficient employees who work for you when you need them.

Get Services You Can Count On from Servcorp 

A new business needs all the help it can get when just starting out. When you have a professional office in Thailand's business district that is all set up and ready when you are, you can start building your company much sooner. Servcorp provides every service and amenity that business owners are looking for and all this doesn't have to cost thousands of dollars. Their reputation across the world is well-known and that means you will get the great services you pay for. Smaller providers of leased office space may come and go. You may not get deluxe office space completely furnished with stunning décor and furniture. When you deal with unknown service providers, you can never be sure of a reliable communications network.

Work with a Proven Winner 

When you need a professional receptionist, IT and HR personnel, beautiful meeting rooms and a comfortable place to work each day at an affordable price, Servcorp is the one to choose. Servcorp Serviced Offices are conveniently located in major economic centers around the world. Their reputation can be counted on for quality leased office space and there are no contracts to sign. You can get all the great features mentioned above at charges that will fit your budget. Please call for a free tour of any location.

Thailand has developed a strong market-driven economy through its industrial and services industries. Though these grow and develop more each year, there's always room for expansion and improvement. Many entrepreneurs have come to the region with a small amount of money and a big idea. They've made it big and become successful, inspiring other entrepreneurs from all over the world to take that step of faith.

One of the big questions that most have, regards how to get started. How does a new entrepreneur come into Thailand, get accepted, and start doing business? One of the best ideas that has worked over the years for all business types is simply to find a need and fill it. For instance, Thailand is the offshore headquarters of numerous large corporations. These include communications and technology companies who need services and products every day. These large corporations need a long list of goods and services to do business every day. Even if your only job was to provide office supplies or copy paper to several large companies, you could quickly build a stable small business.

How Much Can You Invest? 

If you have a small amount of money for your startup, then begin with a sound business idea that won't cost much. There are many business ideas to consider. Work hard to build a good reputation. Once you've been around the city of Bangkok for several years, people will recognize that you're honest and a hard worker. You can continue to add products and services and expect strong sales due to your prior connections.

If you have many thousands of dollars to invest, then start some type of consulting firm. You might offer consulting services to those large companies in any number of fields including IT, HR, engineering, marketing, public relations and many others. Be sure to select a field where you have proven education and experience. If you work hard and get good results for your clients, your reputation will expand and increase. Don't be timid about asking your current customers to give you good feedback or testimonials for your website.

Be Tenacious but Professional 

Regardless of where your expertise lies, you can find a way to get your foot in the Thai market with dependable products and services. During the course of business, be honest, straightforward, courteous and professional. The people of Thailand appreciate courtesy. Even in the business community, leaders and workers are very polite. Study the culture of the region to make sure you understand the nuances. It would greatly harm your chances of success if you were offensive to an associate, client or business colleague.

Saving Money in Your Startup 

Many new business owners find it profitable to lease virtual office space in a well-known business center around Bangkok. When your customers see where your offices are located, they are more likely to have confidence in you. It doesn't take a large investment to lease virtual office space and you can change your level of services very easily.

Exclusive Business Centers 

Servcorp Serviced Offices give business owners a highly original method of doing business from prime locations in the Central Business District of Bangkok. This company provides fully furnished, staffed virtual office space in Asia's best regions. Get a prestigious downtown address, internet, phones, a dedicated receptionist and all the perks of a top-notch downtown office.

Servcorp has a global 24/7 network operations center to ensure customers will receive the best services. They take pride in giving clients high quality services at affordable prices. Your monthly expenses for a leased office space will be consistent and therefore easier to budget for. Please call +66 2 231 8100 to find out how you can get professional services in Thailand for your new business.


Technology plays a vital role in almost any business of the world. In the west and many other parts of the world, companies rely so much on technology that if technology is taken out of their setup, all of their business activities around the world would come to a halt. With the availability of highly qualified workforce and an outstanding location in the heart of Southeast Asia, the scope of technology is expanding here in Thailand. However, this raises the question as to why most of the businesses in Thailand are still hesitant in incorporating technology into their businesses. Although there is no shortage of resources, one reason seems to be the lack of adequate computer training. Unlike other countries in the Asian region where the computer is a standard part of the curriculum, Thailand hasn't yet implemented similar measures fully. Keeping that in mind, here is why businesses in Thailand need technology to be implemented in their day-to-day activities:

1. Connect different teams virtually within the company

With the help of technology, a business can create team sites and employee portals to help employees enhance their productivity, regardless of their location. This will eliminate "corporate silos", which is a situation where employees working in different departments within the organization do not communicate with each other. Technology allows them to reach out to others working on similar projects within the organization and have their questions answered.

2. Create a communicative environment within the organization

By keeping performance appraisal information at a centralized location using an online framework, managers can easily communicate business strategies and measurable goals to their staff, which in turn supports the business objectives of an organization.

Due to the greater visibility, employees are able to see the complete picture and analyze how well their individual goals fit into the business objectives of the company. This creates excited and motivated employees, which in turn increases the overall productivity of the business.

3. Monitor employee progress and business productivity

With the help of online framework, managers can easily monitor the phase wise progress of the project and take necessary steps to keep the deadlines and progress on track. This entire process leads to higher business productivity, as the workforce is constantly learning new skills while being challenged every day to do their best. Rewarding the team for their achievements through monetary and non-monetary incentives boosts their morale.

4. Use technology to identify the skills of the employees

With the use of adequate technology, managers can compare the current skills of the members of their team with those required for promotion or other form of employee advancement. You may realize that some of your employees need to be transferred to some other department, where their skill can best be utilized. If there are barriers to better performance of an employee, the manager can review the situation easily and find out an appropriate solution in the form of better resource allocation or training.

5. Performance analysis

The business technology of today employs advanced reporting to allow the managers gain a deeper understanding of the performance of the business, trends in the market and the preferences of the customer. The executives can access performance indicators and analytical reports and use this information to define or redefine the strategy.

With more than 35 years of experience in the industry, Servcorp is committed to providing technological support to companies in Thailand through its managed information and communications technology services. With their globally interconnected data network, 24x7 network operations center and dedicated local support, companies can rest assured that they have the best in class technology implemented in their business. Please call +66 2 231 8100 for more information.

From July 2010, Servcorp will open their eighth Sydney location, Tower Two Westfield Bondi Junction in the heart of Sydney's vibrant eastern suburb of Bondi Junction. A unique location situated just five kilometres from Sydney's central business district, provides the ideal setting for businesses looking to base their business away from the hustle and bustle of Sydney's fast-paced CBD.

Servcorp's new presence in Sydney's east will offer exceptional opportunities for businesses, situated in the centre of Bondi Junction which is largely dominated by commercial complexes such Westfield Group's global flagship shopping centre, Westfield Bondi Junction, home to high-end luxury stores, leading retail shops and restaurants. The Westfield Bondi Junction precinct which includes Servcorp's Tower Two Westfield Bondi Junction, is owned by Westfield Group, the world's largest retail property group.

Servcorp's new Bondi Junction location will be directly above Westfield Bondi Junction Shopping Centre, and conveniently located opposite Bondi Junction railway station, providing easy transport access into Sydney's central business district with a bus interchange located at ground level. Tower Two Westfield Bondi Junction is a short 10 minute drive into Sydney's central business district.

Susie Martin, Servcorp General Manager Australia and New Zealand commented “Servcorp's Level 22 floor in Tower Two Westfield Bondi Junction further establishes Servcorp's reputation for providing the best office locations all over the world. Tower Two Westfield Bondi Junction will enable businesses large or small, with a global network of serviced and virtual offices and an IT and communications infrastructure which is second to none! Our 22nd floor boasts some of the most spectacular panoramic views of Sydney's iconic harbour, the Pacific Ocean, the picturesque eastern suburbs and Sydney's beaches.”

Suite 2201 Level 22 Tower Two Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia

Running a successful business in Thailand is hard work, but it pays off well due to the lucrative business opportunities there. Many entrepreneurs are looking for tips and tricks to get ahead of the competition. One important tip is to try and make your company seem much bigger than it is. It's also important to make the business seem professional and for that you'll need a prestigious address in the central business district.

There are a few other things that you can do to make your business seem bigger than it is. These include having your own dedicated receptionist, a local phone number, having exceptional internet service, and a luxurious meeting room. There will be times when you need to have high level meetings to discuss the future with your investors. A spacious board room will give investors confidence that your business is worthy of their time and money.

All of these amenities will come at a price in Thailand. There are many well-known skyscrapers in the central business district with plenty of good shopping and restaurants nearby but these are hard to get and expensive. The solution that many small business owners have come up with is to lease virtual office space in Thailand. There are some important things to look for in order to make this an amazing success.

Leasing Month-to-Month 

If your business is really successful, you'll be wanting to add space, employees, inventory and other things like this over the next year or so. That's why it makes more sense to lease virtual office space month-to-month instead of locking yourself into a two-year contract. Be sure to find out what's included in your monthly payment. Will you have a dedicated receptionist? This can really make your company seem larger and more efficient. Make sure you have access to copiers, fax machines and an upscale communications network.

Many new startups have discovered how convenient serviced offices are and this can help you to avoid high start-up costs. A leased office should be located conveniently in a popular area for businesses with above average hotels nearby for investors who come to town for meetings. Business people appreciate being catered to especially if they're thinking about investing so you'll also need excellent night clubs and restaurants nearby.

Though a prestigious address is important, you'll also need top notch IT and HR services and these are available when you choose the right virtual office space that offers many quality features. This is an economical route for business owners, but you don't have to sacrifice on those professional services you're looking for. You can get luxurious furnishings, bi-lingual personnel and many other features all for one low monthly price. Even your own friends will believe your business is larger than it really is.

Thailand is an important business center in Asia with amazing seaports and air transportation. Companies from all over the world come each year and make it big. There are endless opportunities for the smart entrepreneur, but it is important to make your company seem larger than it is in order to get the big contracts.

Develop an Upscale Presence 

Servcorp Serviced and Virtual Offices provide deluxe office space conveniently located in the Central Business District. Office suites are attractively furnished with high-end items and include receptionists, IT and HR personnel. Any new startups can benefit by utilizing these beautiful, yet affordable virtual offices. Get high speed internet, exclusive meeting rooms, and a professional corporate image for a fraction of the cost. The offices are conveniently located in major economic centers around the world. Call +66 2 231 8100 to learn more.

The best executive office is one that combines a 5-star design and efficiency with a touch of friendly ambiance and establishes a comfortable environment. This is the best way to show off your sense of taste to customers as they are inclined to scrutinize everything that they encounter, especially when making a judgment call on whether or not they are going to do business with you. Having a 5-star premium design creates a comfortable atmosphere and goes a long way in sending a message about what kind of person you are and how you will conduct business with potential customers. Avoiding the clinically immaculate type of business setting is a good idea when choosing the ideal executive office. Procuring an office with plants, a comfortable couch, and other amenities are that are reminiscent of home is a good way to immediately make your customers feel calm and less self-conscious.

Along with an amiable atmosphere, the premium executive office which you choose to do business in should have a high-quality, spacious environment and well-maintained facilities available such as conference rooms, kitchen, and a break room. Amenities and equipment such as hi-speed internet, conference telephoning, and projectors for conducting presentations, should all be accessible and functioning properly. Also, it is imperative that the receptionist and supporting staff are well-versed in speaking English and conducting business affairs with foreigners, to avoid wasted time through misunderstandings and flawed communication. Customers will take notice of how day-to-day affairs are handled, so this is an important aspect when choosing the right place to rent an executive office.

In addition to these recommended qualities or attributes, the building in which the executive office is in should have 24 hour security and ample parking. The public area around the building should be safe and well lit. The biggest challenge of finding an affordable executive office is one that is in a popular city centre location and which is easy to get to by various modes of transportation. When all of these factors have been juxtaposed alongside the ideal environment, you are well on your way to gaining the attention and respect from your customers.

In a new start-up business, there's usually limited time and money. You should not spend the bulk of your cash reserves on unnecessary expenses and this includes office space. It usually takes several years to build your business up to the place where you can actually afford the ongoing expenses of a dedicated receptionist, spacious offices, internet service, and luxurious furnishings.

Get the Services You Pay For 

Bangkok has a wide variety of office space for new startups and these can be leased for affordable rates. One of the biggest issues that business owners face is that they may be paying for services and amenities that they're not getting. Sometimes providers of leased space will tell you up front that you can expect a specific list of services for a set price, then when you arrive to begin working, you're told that these things will cost extra. A good solution to this problem is to work with a reputable, established company that has a strong reputation in Bangkok.  Everyone wants to get leased office space as inexpensively as possible, but no one wants to pay each month for services they don't actually get.

Choose the Right Provider 

In many cases, business owners in Bangkok start out by leasing office space just for a year while they build up cash reserves and then decide to do it long term. The reason is that leased office space is flexible. You can choose the amount of space you need and the services that are most important for your business to grow. As time goes by, you can increase the amount of space and the number of amenities to suit your personal needs. The key to this working lies in choosing the right provider. Make sure they're able to meet the needs of a larger company as opposed to a new startup. Check references and speak with other users to see if the company is trustworthy. When you choose the right provider, you'll have such a positive experience that you'll want to continue on.

Ask the Right Questions 

As the owner of a new startup, there are many details to attend to. You want to get a great office space so you can go ahead and start working on building your business. The sooner you get to work, the sooner you can begin to create a successful company. It's tempting to just rent a virtual office without asking too many questions. Later though, you may regret that decision, so be sure to ask the right questions before settling on a leased space. First of all, find out what is included in your monthly fees. Will you get a dedicated receptionist and access to all office equipment? Is the space only available at certain times or anytime you need it? Do you get mail and email forwarding included in the price? How about Wi-Fi and high speed internet? Those are really important for most new startups.

Everything You Need Plus a Prestigious Address 

One thing that can truly help a new startup in Bangkok is the ability to get all the services they want within their budget, along with a prestigious address. When you work in Servcorp Serviced Offices, you can get everything on your checklist and a lot more. In Bangkok, Servcorp offers the very best in office space with dedicated receptionists, mail forwarding, high speed internet, luxury furnishings and access to shared spaces like a break room. IT and HR personnel can also be included in your serviced or virtual office and you can work from a beautiful building in highly-sought skyscrapers. Please call +66 2 231 8100 to learn more.

At the beginning of this year, I left the Australian Navy and became an Entrepreneur. In February, I started a successful business in seven days with just $500. And now I'm taking on my biggest challenge ever: become the Smallest Multinational in the World. I have offices in Tokyo, Paris, London, New York and San Francisco and on 1 October I'll be setting off to visit all these cities in just 12 days to secure the overseas clients I need to substantiate my bid. Wish me luck!

I'll be blogging and tweeting throughout my trip and beyond. Please drop me a comment; I'd love to hear from all of you out there who are inspired about what I'm trying to achieve. I'll also be checking in with 4Square, so if you're close by come and say hi.

While Bangkok has seen a decline in its commercial real estate sales during the past three quarters, new construction continues to move forward. The abundant supply and weakened demand are good news for buyers looking to purchase real estate in Bangkok, as many are now offering price discounts and other promotions. The leasing commercial real estate is now an excellent option for those who are not ready to buy property.

Commercial Real Estate Offered at Bargain Prices 

Recently, the government began offering various stimulus packages to kick-start the commercial real estate market in Bangkok. These combined with the promotions now being offered by developers make this an excellent time to lease or purchase new commercial properties. The suburban and midtown areas offer many good options for business owners who wish to expand or move into a larger facility.

There continues to be a significant number of expatriates renting high-end properties valued at more than THB 20,000 per month. These turn out to be wealthy investors and entrepreneurs with various business interests in the region. These investors are often looking for upscale commercial property they can lease or buy and then lease out to small business owners. Savvy investors can find good bargains at the moment on commercial property leases.

Continued Commercial Real Estate Growth in Midtown and Downtown 

Thailand continues to have a strong import-export sector with investors now flocking there from all over the world. Bangkok offers many lucrative avenues for the lease of commercial property, not only in downtown Bangkok but also in outlying communities. With about 40% of all commercial property now located in midtown and downtown Bangkok, big retail developers are now planning renovations that will increase property values in the region. The suburban area commercial property has been offering good deals for those who want a high-quality commercial space at an affordable price.

Major Fashion Brands Looking for Commercial Property 

Developers are moving into areas like Central Plaza Bangna, Siam Discovery, and Central Plaza Pinklao with plans to renovate existing industrial property and/or build new projects as needed. Major fashion brands are currently looking for property in Bangkok so they can expand their sales from Europe to Southeast Asia. Expats and new investors make up the two major groups searching for deals on commercial property leases.

Developers Take Advantage of Sluggish Economy to Make Big Moves in Commercial Sector 

A weak economy has contributed to the slowdown in retail improvements in the provincial cities. Banks have been reluctant to lend money to first time developers, choosing to wait out the stock market challenges. As new investors take advantage of these sentiments, commercial lease costs could go up. Experts are hoping for stronger consumer spending, which would initiate new development in the downtown and suburban areas.

Getting Affordable Leased Space in Prime Areas 

If you sometimes find yourself needing an upscale place to meet with foreign investors, advertising executives, or potential customers, then a serviced office space is an excellent solution. Servcorp Serviced Offices have office space in many sizes, along with boardrooms, which are fully furnished with attractive decor. You can get an impressive address in Thailand for your business and many other amenities for one low monthly price from Servcorp. Please call +66 2 231 8100 if you would like a free quote on office space or meeting rooms.

Have you ever stopped to think about what kind of lease arrangement would work best for your business? In Thailand, it is possible to obtain 100 percent interest for a land lease. The lessor (letter) gets the right to exclusive possession of the premises for the entire period of the lease. If you are a business in Thailand with fluctuating finances, here are some of the reasons why you should not go for long-term lease:

Complex negotiations

For a business, it is almost impossible to predict the scenario after 10 or 15 years. Long-term leases can be complex and negotiating a contract that will meet all your future requirements can be a challenge.

Increased costs of maintenance and repair

If the property is not properly maintained, often it is seen that the money spent on the repair and maintenance is close to the overall cost of the lease.

Increased risk

Getting into a long-term lease agreement means you will be liable to pay the rent for a longer period. This can often become an unnecessary financial burden for a company.

Long term lease can get expensive

The economy of Thailand is in good shape. When economic conditions are good, the cost of real estate is usually higher than usual. If you lock in the price at this time, you will keep on paying higher even when the real estate market goes down.

Long term lease is not good for startups

If you are a startup, which is highly likely in a country like Thailand, it is not recommended to invest the majority of your capital in a long-term lease contract. Evaluate your business plan and make realistic decisions based on the fortunes you are likely to amass in the coming years.

No flexibility

If the office space you have leased is found to be acceptable, but not ideal for some reason, then you will have to stay in the same premises for the entire lease term due to the hefty lease amount you have spent. With the changing business scenario of Thailand and new business opportunities coming up every day, it makes sense for an organization not to restrict itself with a long-term lease agreement.

The options of lease termination and contraction give you the flexibility you need to stay profitable in the turbulent scenario. If you have already decided to get into a long-term lease agreement, make sure that you have the right to sublease your space, which gives you an opportunity to cover some of your expenses via a subtenant.

What if your business fails?

Companies often go through the initial growth phase, but that doesn't mean that the growth will be the same in future. Long term sustainability is an issue with many startups. In fact, eight out of ten businesses in Thailand fail within eighteen months of opening. With a long-term lease, you remain responsible for unpaid rent even after your business is closed. Short-term leasing makes it easier for companies to move on quickly if things do not work out.

Of course, there is also a middle ground between the long-term and short-term office leases. A popular choice, especially here in Thailand, is the use of serviced offices offered by companies like Servcorp. Founded in the year 1988, Servcorp is committed to provide world's best serviced offices at rates that are affordable for most businesses. For technology-driven office solutions that work best for your business, call them now at +66 2 231 8100


The biggest obstacle that many of them face is finding the right office space for their business. This can be solved with serviced or leased office space. Though Thailand has a great deal of serviced office space to offer, many are lacking in some of the major services that a business person requires to succeed. Thailand serves a large population of offshore companies who choose this region due to its strategic location and vast natural resources. This highly profitable area has a strong economy and many new startups come here each year.

Get a Reliable Communications Network at Servcorp 

One of the major amenities that Servcorp offers is dependable communications system built with the latest and greatest technology. You can get a dedicated receptionist who is bi-lingual and this gives your business a very professional face. You'll also enjoy a local phone number. Another feature that business owners love is the luxurious décor and furnishings at Servcorp. When guests arrive for meetings, they're greeted by well-trained people who are courteous.

Get a Prestigious Address 

Mail and email handling and forwarding are also very beneficial for business owners. You get a prestigious address to list on your company letterhead and you never have to worry about missing an important message. You also have access to Servcorp Onefax, a secure fax to mail technology, along with access to video conferencing. This can make life easier for any business owner and will give clients and investors the impression that your business is much larger than it really is.

Save Time and Money by Dealing with Professionals 

What if you could set up a top quality office presence in a prime location in Thailand without the huge financial outlay? That's the beauty of what Servcorp has to offer. You can get premier office space in any one of the three skyscrapers. These include #1 Silom Road, Park Ventures Ecoplex, and The Offices at Central world. Many well-known corporations have offices in these buildings so you'll be rubbing elbows with executives from international companies.  The cost to get set up and going is minimal when compared to a dedicated office. You won't have the hassle of hiring and training new employees. Servcorp gives you very efficient employees who work for you when you need them.

Get Services You Can Count On from Servcorp 

A new business needs all the help it can get when just starting out. When you have a professional office in Thailand's business district that is all set up and ready when you are, you can start building your company much sooner. Servcorp provides every service and amenity that business owners are looking for and all this doesn't have to cost thousands of dollars. Their reputation across the world is well-known and that means you will get the great services you pay for. Smaller providers of leased office space may come and go. You may not get deluxe office space completely furnished with stunning décor and furniture. When you deal with unknown service providers, you can never be sure of a reliable communications network.

Work with a Proven Winner 

When you need a professional receptionist, IT and HR personnel, beautiful meeting rooms and a comfortable place to work each day at an affordable price, Servcorp is the one to choose. Servcorp Serviced Offices are conveniently located in major economic centers around the world. Their reputation can be counted on for quality leased office space and there are no contracts to sign. You can get all the great features mentioned above at charges that will fit your budget. Please call for a free tour of any location.

Thailand has developed a strong market-driven economy through its industrial and services industries. Though these grow and develop more each year, there's always room for expansion and improvement. Many entrepreneurs have come to the region with a small amount of money and a big idea. They've made it big and become successful, inspiring other entrepreneurs from all over the world to take that step of faith.

One of the big questions that most have, regards how to get started. How does a new entrepreneur come into Thailand, get accepted, and start doing business? One of the best ideas that has worked over the years for all business types is simply to find a need and fill it. For instance, Thailand is the offshore headquarters of numerous large corporations. These include communications and technology companies who need services and products every day. These large corporations need a long list of goods and services to do business every day. Even if your only job was to provide office supplies or copy paper to several large companies, you could quickly build a stable small business.

How Much Can You Invest? 

If you have a small amount of money for your startup, then begin with a sound business idea that won't cost much. There are many business ideas to consider. Work hard to build a good reputation. Once you've been around the city of Bangkok for several years, people will recognize that you're honest and a hard worker. You can continue to add products and services and expect strong sales due to your prior connections.

If you have many thousands of dollars to invest, then start some type of consulting firm. You might offer consulting services to those large companies in any number of fields including IT, HR, engineering, marketing, public relations and many others. Be sure to select a field where you have proven education and experience. If you work hard and get good results for your clients, your reputation will expand and increase. Don't be timid about asking your current customers to give you good feedback or testimonials for your website.

Be Tenacious but Professional 

Regardless of where your expertise lies, you can find a way to get your foot in the Thai market with dependable products and services. During the course of business, be honest, straightforward, courteous and professional. The people of Thailand appreciate courtesy. Even in the business community, leaders and workers are very polite. Study the culture of the region to make sure you understand the nuances. It would greatly harm your chances of success if you were offensive to an associate, client or business colleague.

Saving Money in Your Startup 

Many new business owners find it profitable to lease virtual office space in a well-known business center around Bangkok. When your customers see where your offices are located, they are more likely to have confidence in you. It doesn't take a large investment to lease virtual office space and you can change your level of services very easily.

Exclusive Business Centers 

Servcorp Serviced Offices give business owners a highly original method of doing business from prime locations in the Central Business District of Bangkok. This company provides fully furnished, staffed virtual office space in Asia's best regions. Get a prestigious downtown address, internet, phones, a dedicated receptionist and all the perks of a top-notch downtown office.

Servcorp has a global 24/7 network operations center to ensure customers will receive the best services. They take pride in giving clients high quality services at affordable prices. Your monthly expenses for a leased office space will be consistent and therefore easier to budget for. Please call +66 2 231 8100 to find out how you can get professional services in Thailand for your new business.


Technology plays a vital role in almost any business of the world. In the west and many other parts of the world, companies rely so much on technology that if technology is taken out of their setup, all of their business activities around the world would come to a halt. With the availability of highly qualified workforce and an outstanding location in the heart of Southeast Asia, the scope of technology is expanding here in Thailand. However, this raises the question as to why most of the businesses in Thailand are still hesitant in incorporating technology into their businesses. Although there is no shortage of resources, one reason seems to be the lack of adequate computer training. Unlike other countries in the Asian region where the computer is a standard part of the curriculum, Thailand hasn't yet implemented similar measures fully. Keeping that in mind, here is why businesses in Thailand need technology to be implemented in their day-to-day activities:

1. Connect different teams virtually within the company

With the help of technology, a business can create team sites and employee portals to help employees enhance their productivity, regardless of their location. This will eliminate "corporate silos", which is a situation where employees working in different departments within the organization do not communicate with each other. Technology allows them to reach out to others working on similar projects within the organization and have their questions answered.

2. Create a communicative environment within the organization

By keeping performance appraisal information at a centralized location using an online framework, managers can easily communicate business strategies and measurable goals to their staff, which in turn supports the business objectives of an organization.

Due to the greater visibility, employees are able to see the complete picture and analyze how well their individual goals fit into the business objectives of the company. This creates excited and motivated employees, which in turn increases the overall productivity of the business.

3. Monitor employee progress and business productivity

With the help of online framework, managers can easily monitor the phase wise progress of the project and take necessary steps to keep the deadlines and progress on track. This entire process leads to higher business productivity, as the workforce is constantly learning new skills while being challenged every day to do their best. Rewarding the team for their achievements through monetary and non-monetary incentives boosts their morale.

4. Use technology to identify the skills of the employees

With the use of adequate technology, managers can compare the current skills of the members of their team with those required for promotion or other form of employee advancement. You may realize that some of your employees need to be transferred to some other department, where their skill can best be utilized. If there are barriers to better performance of an employee, the manager can review the situation easily and find out an appropriate solution in the form of better resource allocation or training.

5. Performance analysis

The business technology of today employs advanced reporting to allow the managers gain a deeper understanding of the performance of the business, trends in the market and the preferences of the customer. The executives can access performance indicators and analytical reports and use this information to define or redefine the strategy.

With more than 35 years of experience in the industry, Servcorp is committed to providing technological support to companies in Thailand through its managed information and communications technology services. With their globally interconnected data network, 24x7 network operations center and dedicated local support, companies can rest assured that they have the best in class technology implemented in their business. Please call +66 2 231 8100 for more information.

From July 2010, Servcorp will open their eighth Sydney location, Tower Two Westfield Bondi Junction in the heart of Sydney's vibrant eastern suburb of Bondi Junction. A unique location situated just five kilometres from Sydney's central business district, provides the ideal setting for businesses looking to base their business away from the hustle and bustle of Sydney's fast-paced CBD.

Servcorp's new presence in Sydney's east will offer exceptional opportunities for businesses, situated in the centre of Bondi Junction which is largely dominated by commercial complexes such Westfield Group's global flagship shopping centre, Westfield Bondi Junction, home to high-end luxury stores, leading retail shops and restaurants. The Westfield Bondi Junction precinct which includes Servcorp's Tower Two Westfield Bondi Junction, is owned by Westfield Group, the world's largest retail property group.

Servcorp's new Bondi Junction location will be directly above Westfield Bondi Junction Shopping Centre, and conveniently located opposite Bondi Junction railway station, providing easy transport access into Sydney's central business district with a bus interchange located at ground level. Tower Two Westfield Bondi Junction is a short 10 minute drive into Sydney's central business district.

Susie Martin, Servcorp General Manager Australia and New Zealand commented “Servcorp's Level 22 floor in Tower Two Westfield Bondi Junction further establishes Servcorp's reputation for providing the best office locations all over the world. Tower Two Westfield Bondi Junction will enable businesses large or small, with a global network of serviced and virtual offices and an IT and communications infrastructure which is second to none! Our 22nd floor boasts some of the most spectacular panoramic views of Sydney's iconic harbour, the Pacific Ocean, the picturesque eastern suburbs and Sydney's beaches.”

Suite 2201 Level 22 Tower Two Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia

Running a successful business in Thailand is hard work, but it pays off well due to the lucrative business opportunities there. Many entrepreneurs are looking for tips and tricks to get ahead of the competition. One important tip is to try and make your company seem much bigger than it is. It's also important to make the business seem professional and for that you'll need a prestigious address in the central business district.

There are a few other things that you can do to make your business seem bigger than it is. These include having your own dedicated receptionist, a local phone number, having exceptional internet service, and a luxurious meeting room. There will be times when you need to have high level meetings to discuss the future with your investors. A spacious board room will give investors confidence that your business is worthy of their time and money.

All of these amenities will come at a price in Thailand. There are many well-known skyscrapers in the central business district with plenty of good shopping and restaurants nearby but these are hard to get and expensive. The solution that many small business owners have come up with is to lease virtual office space in Thailand. There are some important things to look for in order to make this an amazing success.

Leasing Month-to-Month 

If your business is really successful, you'll be wanting to add space, employees, inventory and other things like this over the next year or so. That's why it makes more sense to lease virtual office space month-to-month instead of locking yourself into a two-year contract. Be sure to find out what's included in your monthly payment. Will you have a dedicated receptionist? This can really make your company seem larger and more efficient. Make sure you have access to copiers, fax machines and an upscale communications network.

Many new startups have discovered how convenient serviced offices are and this can help you to avoid high start-up costs. A leased office should be located conveniently in a popular area for businesses with above average hotels nearby for investors who come to town for meetings. Business people appreciate being catered to especially if they're thinking about investing so you'll also need excellent night clubs and restaurants nearby.

Though a prestigious address is important, you'll also need top notch IT and HR services and these are available when you choose the right virtual office space that offers many quality features. This is an economical route for business owners, but you don't have to sacrifice on those professional services you're looking for. You can get luxurious furnishings, bi-lingual personnel and many other features all for one low monthly price. Even your own friends will believe your business is larger than it really is.

Thailand is an important business center in Asia with amazing seaports and air transportation. Companies from all over the world come each year and make it big. There are endless opportunities for the smart entrepreneur, but it is important to make your company seem larger than it is in order to get the big contracts.

Develop an Upscale Presence 

Servcorp Serviced and Virtual Offices provide deluxe office space conveniently located in the Central Business District. Office suites are attractively furnished with high-end items and include receptionists, IT and HR personnel. Any new startups can benefit by utilizing these beautiful, yet affordable virtual offices. Get high speed internet, exclusive meeting rooms, and a professional corporate image for a fraction of the cost. The offices are conveniently located in major economic centers around the world. Call +66 2 231 8100 to learn more.

The best executive office is one that combines a 5-star design and efficiency with a touch of friendly ambiance and establishes a comfortable environment. This is the best way to show off your sense of taste to customers as they are inclined to scrutinize everything that they encounter, especially when making a judgment call on whether or not they are going to do business with you. Having a 5-star premium design creates a comfortable atmosphere and goes a long way in sending a message about what kind of person you are and how you will conduct business with potential customers. Avoiding the clinically immaculate type of business setting is a good idea when choosing the ideal executive office. Procuring an office with plants, a comfortable couch, and other amenities are that are reminiscent of home is a good way to immediately make your customers feel calm and less self-conscious.

Along with an amiable atmosphere, the premium executive office which you choose to do business in should have a high-quality, spacious environment and well-maintained facilities available such as conference rooms, kitchen, and a break room. Amenities and equipment such as hi-speed internet, conference telephoning, and projectors for conducting presentations, should all be accessible and functioning properly. Also, it is imperative that the receptionist and supporting staff are well-versed in speaking English and conducting business affairs with foreigners, to avoid wasted time through misunderstandings and flawed communication. Customers will take notice of how day-to-day affairs are handled, so this is an important aspect when choosing the right place to rent an executive office.

In addition to these recommended qualities or attributes, the building in which the executive office is in should have 24 hour security and ample parking. The public area around the building should be safe and well lit. The biggest challenge of finding an affordable executive office is one that is in a popular city centre location and which is easy to get to by various modes of transportation. When all of these factors have been juxtaposed alongside the ideal environment, you are well on your way to gaining the attention and respect from your customers.

In a new start-up business, there's usually limited time and money. You should not spend the bulk of your cash reserves on unnecessary expenses and this includes office space. It usually takes several years to build your business up to the place where you can actually afford the ongoing expenses of a dedicated receptionist, spacious offices, internet service, and luxurious furnishings.

Get the Services You Pay For 

Bangkok has a wide variety of office space for new startups and these can be leased for affordable rates. One of the biggest issues that business owners face is that they may be paying for services and amenities that they're not getting. Sometimes providers of leased space will tell you up front that you can expect a specific list of services for a set price, then when you arrive to begin working, you're told that these things will cost extra. A good solution to this problem is to work with a reputable, established company that has a strong reputation in Bangkok.  Everyone wants to get leased office space as inexpensively as possible, but no one wants to pay each month for services they don't actually get.

Choose the Right Provider 

In many cases, business owners in Bangkok start out by leasing office space just for a year while they build up cash reserves and then decide to do it long term. The reason is that leased office space is flexible. You can choose the amount of space you need and the services that are most important for your business to grow. As time goes by, you can increase the amount of space and the number of amenities to suit your personal needs. The key to this working lies in choosing the right provider. Make sure they're able to meet the needs of a larger company as opposed to a new startup. Check references and speak with other users to see if the company is trustworthy. When you choose the right provider, you'll have such a positive experience that you'll want to continue on.

Ask the Right Questions 

As the owner of a new startup, there are many details to attend to. You want to get a great office space so you can go ahead and start working on building your business. The sooner you get to work, the sooner you can begin to create a successful company. It's tempting to just rent a virtual office without asking too many questions. Later though, you may regret that decision, so be sure to ask the right questions before settling on a leased space. First of all, find out what is included in your monthly fees. Will you get a dedicated receptionist and access to all office equipment? Is the space only available at certain times or anytime you need it? Do you get mail and email forwarding included in the price? How about Wi-Fi and high speed internet? Those are really important for most new startups.

Everything You Need Plus a Prestigious Address 

One thing that can truly help a new startup in Bangkok is the ability to get all the services they want within their budget, along with a prestigious address. When you work in Servcorp Serviced Offices, you can get everything on your checklist and a lot more. In Bangkok, Servcorp offers the very best in office space with dedicated receptionists, mail forwarding, high speed internet, luxury furnishings and access to shared spaces like a break room. IT and HR personnel can also be included in your serviced or virtual office and you can work from a beautiful building in highly-sought skyscrapers. Please call +66 2 231 8100 to learn more.