Start-up businesses may cut costs with this ‘office’

Properties

Written by Rizal R. Reyes / Correspondent

Wednesday, 28 October 2009 18:20

HAVING a power address is one of the elements in building a business. However, companies such as start-ups experience difficulties in getting a power address primarily because of the cost. With the entry of CEO Suite, the problem of small and medium enterprises (SMEs) getting a prestigious address is not a problem anymore with the emergence of providers such as CEO Suite. Emmylou Llanes, director of CEO Suite, said SMEs have become more knowledgeable in utilizing their operating requirements by enlisting companies engaged offering of a managed office facility. “Now, they understand the value of a managed office facility, especially the savings they can possibly have if they switch from having their own office they manage on their own,” said Llanes in an interview with the BusinessMirror. Llanes said the business model CEO Suite as a one-stop office solution provider offering low-cost offices at prestigious location complemented by excellent service suits the SMEs very fine. Aside from the SMEs, Llanes said multinational companies that are downsizing or even local companies which are aware of the value for money provided by a managed office remain important markets for CEO Suite. “More and more start-up businesses also subscribe to our Virtual Office, which provides them facilities available from only P2,600 a month,” she said. “Business-process outsourcing companies, too, in their start-up phase usually use our facilities while they are recruiting and fitting out their conventional space; aside from our regular clients, who use our videoconferencing and meeting facilities from time to time,” Llanes added. As far as savings is concerned, Llanes said a locator can achieve savings of up to 78 percent. Llanes added CEO Suite saves money on facility costs upon enlisting, because they’re not required just to pay one monthly fee for the duration of their agreement. Locators don’t have to worry about the facilities, as these are already in place, inclusive of furniture, IT and telephone. Common areas are shared: reception, meeting room, pantry. Clients pay only for the administrative support services they use. Clients only pay one bill in one month, no need to worry about utilities, maintenance, general office administration. Plus, the offer of flexibility, they can only commit to the term which makes sense for their business, even just for one week, or one year. Llanes said CEO Suite attracts companies of all sizes, from start-up companies, setting up branch, representative offices, companies which require overflow or regional work. CEO Suite has offices in Jakarta, Manila, Shanghai, Beijing, Singapore, Kuala Lumpur and Bangkok. In addition to managing a company’s business correspondences, CEO Suite has telephone-answering services, fax and personalized e-mail facilities, and ensures that all mails and calls are attended to, and processed according to the client’s instructions and preferences, at all times, wherever he goes.