Seat leasing has been a popular option for businesses operating in the Philippines. With its cost savings and flexibility, it’s not surprising that this alternative to office leasing and buying out an entire office has gained more traction among businesses trying to get a foothold in the Philippines.
What Is Seat Leasing?
Seat leasing is a service involving the renting of individual workstations instead of the entire office space. Unlike office leasing, which only includes the building and no other piece of infrastructure, seat leasing allows you to have instant access to a workstation where you or your staff can immediately begin working.
This is a great option for businesses that are just starting. The lower overhead cost will allow them to reallocate their resources to other areas. Seat leasing is also an attractive option for seasonal accounts and businesses with staff in other countries but no physical space.
The Benefits Of Seat Leasing
Cost and time savings are the biggest benefits of seat leasing. It allows businesses to only pay for the number of desks or workstations they need, rather than investing into a whole building and having to build their own infrastructure. Businesses wanting to start right away can save time due to the plug-and-play nature of seat leasing.
As an additional benefit, seat leasing provides instant access to the rest of the amenities the office has to offer. Any meeting rooms and recreational facilities will be made available to you. Newer companies will benefit more from this as they don’t have to stretch their budget in order to provide their staff with more quality of life benefits as they come with the seat leasing agreement.
Flexibility is another benefit that many businesses require. The flexibility to move around is given as most seat leasing deals are short-term. In the event that you and your staff don’t like a location or end up finding better options, you’re free to move. Do take note that many seat leasing offices require a heads-up before you withdraw.
Seat Leasing Hotspots In The Philippines
Where exactly are the top seat leasing hotspots in the Philippines? It would be disingenuous not to list Manila as one of the most popular spots. As the capital of the country, it’s the central hub of the country. Cebu is another popular seat leasing destination as it has numerous co-working spaces and seat leasing providers. The same can be said for Davao as it is a growing hub. The Clark Freeport and Special Economic Zone is also another hotspot for seat leasing as they offer a wide number of providers who all offer a range of options that fit all business needs.
All of these hotspots are also business process outsourcing (BPO) and call center hubs. This makes finding more staff even easier as the talent pools in those areas are diverse enough to fill any role you can think of. They also attract more people as the infrastructure in these locations makes life easier. Public transportation is more accessible, internet connections are more stable, and the energy grid is big enough to support large business sectors.
Things To Consider
If you’re already considering seat leasing in the Philippines, there are a couple of things to keep in mind before fully committing. Location is an important factor, choosing a location that is convenient for your staff and potential customers is critical. Picking a location that is nice in appearance but far from your employees may result in increased turnover rates.
Cost should also be factored into your decision. Saving on infrastructure is one of the benefits of seat leasing, and electing to go with a costly place would eliminate one of the main draws of seat leasing.
The provided amenities at each location should also be taken into consideration. Choosing a place that has everything your staff requires plus having the extra quality of life improvements at a lower price point than their competitors would be a great option.
The Wrap Up
Seat leasing is a popular and cost-effective option for businesses looking for a more flexible setup. Whether you’re a small start-up or a bigger company requiring more space, seat leasing in Clark, Manila, Cebu, or Davao would give you instant access to workstations. With all the benefits of seat leasing, it’s no wonder these hotspots have seen a growth in business activity over the years.