Startup-friendly Office Option: Virtual Office

Posted On:   |   Last Updated:   |   Posted in ,

The initial costs of starting a new business can be too much for the modern-day Filipino business owner, and not to mention that a huge portion of the initial setup cost is allocated for the establishment of an office space to help begin the business registration process. However, there are different ways one can lower the initial setup cost when it comes to office space & one of these is to get a virtual office.


But first, what is a virtual office? According to Investopedia,

A virtual office gives businesses a physical address and office-related services without the overhead of a long lease and administrative staff. With a virtual office, employees can work from anywhere but still have things like a mailing address, phone answering services, meeting rooms, and videoconferencing.


To put it simply, if one gets a virtual office for their company, they automatically get an official address for their business without physically occupying the space they have chosen to get their virtual office from.


This is a great, cost-effective setup especially for startup companies who are processing their business registration papers, have not begun operations, and would not need to occupy a physical office just yet.


Also, due to COVID19, a good number of the workforce, especially those from the Business Process Outsourcing(BPO) industry here in the Philippines, have already decided to go fully remote. In fact, in Cebu City, a lot of office spaces have been vacated by tenants who used to occupy at least 2,000 square meters. These companies have chosen to downsize, in order to get rid of office space they are not using and control the overhead costs. However, these companies would still need to renew their business permits. Renewing the business permit would require them to update their business address and in this case, getting a virtual office is the most suitable, cost-effective solution for them until they are ready to occupy an office space once again.  (Find out how we are moving forward as flexible office space provider in Cebu City)


Suffice to say, the main “pro” of getting a virtual office is the low initial setup cost and the flexibility that it gives to the company as a result of the lower overhead cost .


But what are it’s cons? Well, the most obvious is the lack of physical office space. But if there really is no need for a physical space yet, then this con would not apply. However, should there be an immediate need for an official place where business and operations can be formally conducted, it is up to the virtual office provider as to what additional services they can offer and how flexible they can be when it comes to their services. For example, here at The Company, should virtual office members need a physical workspace immediately, they are allowed to automatically upgrade to a co-working space plan or rent a couple of office seats for a small cost.


In connection to this, we would like to emphasize that in choosing the right virtual office provider, the business owner must always consider the following:

  • what their goals are
  • what services they would truly need
  • what their budget is
  • which prestigious business address they want to be registered from, and
  • the flexibility of the virtual office provider when it comes to providing the services.

So, now you are now wondering what The Company’s virtual office packages are. Well, we have divided it based on the length of the contract term: 6-month, 12-month, & 24-month term and the pricing is lower if the term is longer.


Additional services that you may add to your virtual office are the following:

  • Hybrid Office Space Setup
  • Hybrid Co-working Space Setup
  • Executive & Private Office Setup
  • Dedicated Desk Setup
  • Multilocation Co-working Space Access
  • Call Answering Services
  • Mail & Package Receiving Services
  • Mail & Package Handling Services
  • Payroll & HR Support
  • Recruitment Services
  • Meeting & Training Room Use
  • Business Matching, Marketing & Sales Services
  • Public Relations Services
  • Office Fit Outs
  • PC Rental
  • Legal Services
  • Business Registration Assistance
  • Accounting & Bookkeeping Service

If you have any questions about setting up a business using a virtual office in Cebu, you may reach out to us anytime.

Unlocking Global Success: 5 Key Benefits of Employer of Record Services and The Company Cebu’s Role in Streamlining Global Expansion

November 28, 2023

In the ever-evolving business landscape, global expansion is a strategic imperative. Employer of Record (EOR) services provide a solution to the complexities of international employment, offering cost-effectiveness, risk mitigation, compliance assurance, scalability, and access to global talent. The Company Cebu, a renowned co-working space and EOR provider, stands out in streamlining these processes. From safeguarding against legal risks to enabling seamless onboarding, The Company Cebu is your partner in achieving global success. Discover how their expertise can propel your business forward


Unlocking Global Expansion: The Power of Employer of Record (EOR) with The Company Cebu

November 21, 2023

Discover the transformative power of Employer of Record (EOR) services with The Company Cebu. Streamlining global expansion, their comprehensive offerings, including payroll outsourcing and flexible workspace solutions, redefine how businesses navigate new markets. With reduced risks, compliance assurance, and access to local talent, The Company Cebu becomes the strategic partner for enterprises unlocking their global potential.


Streamlining Event Registration and Check-In: A Guide for Organizers from The Company Cebu

November 17, 2023

Host your next event at The Company Cebu and experience the difference of a well-organized event with a seamless registration and check-in process. Our team of experts will help you choose the right tools and strategies to streamline these processes and create a positive experience for your attendees. Contact us today to learn more about our event space and services.


The Company Cebu: Where Global Excellence Meets Cross-Cultural Collaboration

November 10, 2023

Discover the transformative benefits of working with cross-cultural teams in The Company Cebu’s dynamic co-working spaces. From personal growth and cultural sensitivity to professional development and global collaboration, our international community unlocks a world of opportunities for freelancers, startup founders, and corporate professionals alike.


Conducting a Job Analysis and its Importance for Businesses in Cebu

October 18, 2023

Job analysis is a pivotal process for businesses aiming to thrive in the competitive landscape of Cebu. Understanding the intricacies of job roles and responsibilities is vital for recruitment, training, and overall organizational efficiency. In this comprehensive guide, we will delve into the definition, uses, approaches, levels, and methods of job analysis. Additionally, we will explore how businesses, especially in Cebu, can benefit from services like those offered by The Company Cebu, a leading co-working space, to streamline their job analysis processes and optimize their workforce.


How to Evaluate Your Event Effectively: A Step-by-Step Guide from The Company Cebu

September 24, 2023

Evaluating your event is not just a post-event formality; it’s a vital step towards refining your strategies, enhancing attendee experiences, and ensuring the success of future events. By gathering comprehensive feedback, analyzing data, and engaging with attendees, sponsors, and team members, you gain invaluable insights that can help you elevate your events to the next level.


Dedicated Desks in The Company Cebu Mandaue Branch

August 10, 2023

The Company Cebu offers two dedicated desk options:
Dedicated Desk 24/7: Shape your work around your schedule with 24/7 access to our vibrant coworking space for 30 days.
Dedicated Desk Lite: Embrace structure with a dedicated desk from 9 am to 7 pm on weekdays for 21 days.


Artist-In-Residence Program at The Company Cebu

August 7, 2023

Calling all aspiring artists! Unleash your creative potential and embark on an extraordinary journey with our exclusive Artist-in-Residence program! Ignite your passion here at The Company Cebu and immerse yourself in a vibrant community of fellow artists, where ideas flourish, and inspiration knows no bounds. Experience firsthand the power of collaboration, as you connect with like-minded individuals who will push you to reach new artistic heights in our co-working space in Cebu. Don’t miss out on this unparalleled opportunity to elevate your artistry! Apply now and let your creativity shine ✨ #ArtistInResidence #ArtisticJourney #TheCompanyCebu


Flexible Coworking Services in Cebu to Elevate Your Work Experienc

June 4, 2023

At The Company Cebu, we offer a range of coworking services meticulously crafted to cater to the diverse needs of modern professionals, from freelancers and startups to small businesses. Our flexible options, comprehensive amenities, and vibrant community provide you with the ideal workspace to elevate your work experience.


Discover Your Ideal Workspace: Office for Rent in Cebu with The Company Cebu

June 1, 2023

Redefine the way you work with The Company Cebu, your ideal office for rent in Cebu. Our coworking spaces offer flexible solutions, state-of-the-art amenities, and networking opportunities to enhance your productivity, flexibility, and community engagement. Discover the perfect workspace for your business today.