How to Prepare for Funeral Costs

Finance Travel

It is something that very few of us want to think about or even consider preparing for but the truth of life is that we all must die some day and as much as we can fight this inevitable fact, it is still a fact. After a friend or loved one passes away you will naturally want to give them the best possible send off and give them a funeral that they would be happy with, this can often mean high expenditure and tough decisions in a time of great grief.

It is for these reasons that you ought to start thinking about how you can prepare for your own funeral costs and planning how it will take place. It will certainly check one’s morality to think of such things but should you do so now, you can make the lives of your friends and loved ones much easier after you have passed away. Let’s take a look at some of the ways in which you can prepare.

Paying Up In Advance

If you are in a position to do so then you can prepare and pay for your funeral whilst you are still alive, this will not only ensure that your relations and friends will not be faced with the sadness of planning your funeral, it will also give you the peace of mind that it will be done in the right way. You can decide if you want to be buried or cremated, you can decide on the songs at the service and you could even find yourself buying a headstone which will sit above your grave. This is an option with benefits but it isn’t a nice idea to plan your funeral whilst you are still alive.

Life Insurance

As you get older you should ensure that you are paying into a life insurance plan that will cover the costs of your funeral expenses. Not only will a strong policy give you and your family the money that they need to pay for the funeral, they will also receive either a lump sum or a monthly amount based on your policy.

Establish a Trust

Many banks offer things like Totten Trust which is essentially a savings account that can be controlled by a chosen person should you die. You can start putting money into this trust as early as you want and it will usually have a strong interest rate attached to it. In terms of the Totten Trusts which are available, you which receive a much better interest rate from your bank than from a funeral service and you will also have far more control over your cash such are the complexities of the rules regarding funeral services.

As we mentioned before, nobody wants to think about these kind of things but if you imagine yourself in the position of someone who is grieving and then consider making decisions on things like funerals and planning their costs. You will see that it is much easier for you to prepare now then allow your family to do it in the future.

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Creative Ways to Make Money Online

Money

Right now, there are thousands of people around the World who are making extra money or an entire income using the power of the internet. There is a vast array of ways in which people can make money online and contrary to what you may think, you do not need to be highly technical for many of the ways in which you can make money online.

Earning money from the comfort of your own home is one of the best ways to live your life, you can cut down on your travel costs, have more time in your life and will feel far less stress compared with going to the office everyday. In the past you would need to rely on cold-call sales work or having to work as a live phone sex girl in order to make a living from the comfort of your home, but those days have gone. If you want to make some serious cash online then here are a few ways in which you can do it.

Freelance Work

The first place to start when looking for ways to make money online is a freelance working website to see if you have any of the skills which people are looking for. There are lots of great sites like Upwork who act as a jobs board for employers to advertise their positions to freelancers. There are a vast amount of different types of jobs that you could be doing online and many of them do not require high amounts of technical ability. On sites like this you will find people looking for writers, designers, virtual secretaries, email handlers amongst a whole host of other positions. Check here first and see if there is anything which can make you some money.

Selling

Selling things online can be a great way to make some additional cash, especially if you can get creative with what you are selling. Websites like eBay allow you to open up your very own shop where you can sell just about anything, you won’t have to pay for rent and overheads are minimal. Because it is so easy to sell online, there are a great people doing it, that isn’t to say that there isn’t enough business out there for everyone, there is, you just need to be smart with what you are selling and who to. One of the best approaches is to head to a thrift shop with your cell, check prices online of  the things you see and if there is money in it then buy away and go get that profit.

Blogging

Blogging is not just a great form of expressing yourself online it can also be a great way of earning some money. It will be important that you can find a niche to blog about which people will enjoy and which can gain you a strong following and high volumes of traffic. Once you start attracting solid levels of traffic then you can start selling space on your website to advertisers.

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4 Means to Buying the Perfect Used Car

Auto

Are you in the mood for purchasing a used car?

If so, the most important thing you can do is take your time looking for one.

One of the things consumers (like yourself) need to avoid is rushing into buying a vehicle. When one does that, they could very well end up with a clunker, a clunker that costs them money and quite possibly their safety and the safety of those around them.

With that being the case, make sure you do your homework before agreeing to buy that used vehicle.

So, are you ready to start searching for the perfect used car?

Do Your Homework and Take Your Time

When it comes to locating the best used car out there for your needs, keep the following pointers in mind:

  1. Search – As mentioned a moment ago, avoid the impulse to just go out and buy anything on the spot. When purchasing a used vehicle, it is just that, used. As a result, you don’t know its history without asking questions and/or doing an online search to try and learn more. That said spending time on a license plate lookup is a good way to try and dig into a vehicle’s history. Find the best online resource tool to do just that, allowing you to uncover as many details as possible regarding the vehicle of interest. You should also check different online resources to see what used vehicles are typically going for these days in both the private market and from car dealers. Knowing the average price for your vehicle of interest is important so that you do not get taken for a ride financially (see more below);
  2. Money – One of the typical reasons many people opt for used cars over new ones is the idea of saving money. That said make sure you are getting what you pay for. Unfortunately, some will buy a vehicle out of their love for it (way it looks, way it drives etc.) without truly knowing what it is worth. In the end, they then realize that they overpaid for it. Go online and use the different resources available when it comes to pricing used vehicles. If the deal sounds too go to be true, it probably is.

Don’t Buy without Testing First

  1. Performance – Would you buy a new vehicle without taking it for a spin first? Given the answer is likely of course not, the same holds true (even more importance) when considering buying a used vehicle. With all that a used car could have been through over its lifetime, you want to not only drive it, but preferably have a mechanic check it out. Knowing that things such as the engine, brakes, transmission etc. are in good shape is key. If someone tries to sell used a vehicle without letting you try it out, you’re better off hitting the road and finding another opportunity;
  2. Safety – Finally, you should already know this, but be sure to never overlook the importance of safety when considering buying a used vehicle. You likely do not know if that car you’re considering has been in an accident or two. If it has, was it repaired properly? If not, you could potentially be buying something that will put you and others at risk. This is yet another reason why the vehicle needs to be checked out by a mechanic and an auto body expert wouldn’t hurt either.

If you have the itch to purchase a used car, now might be the perfect time for you to go ahead and do it.

Just remember to use commonsense when making such a purchase.

Make sure the vehicle is thoroughly checked out before you open up your wallet or purse and drive away.

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Dilemma of choosing an internet service provider

Tech

Choosing an internet service provider is harder than it sounds
Photo by CC user heladodementa on Pixabay

Depending on the part of the world you live, there is an endless amount of broadband providers these days. So lack of choice is not exactly the problem. But it can be a little uncomfortable for some to select among the many available providers. But it need not be. The question then arises, which one is right for you?

Before you make the choice, it is better to take some factors into consideration. You might be a parent with a millennial son or daughter. Most Millennial think the world would be super boring without online communication. As such it is not unusual to see them constantly browsing the web. If you are such parent with a millennial child, you might like to consider broadband for families for you almost certainly fall into the category of heavy broadband users. You may like to consider fast broadband with unlimited downloads. Compare these two UK providers, for instance, Talk Talk and Vodafone. A 17MB unlimited downloads from TalkTalk, will let you pay twenty pounds a month for twelve months, while a 76MB unlimited downloads from Vodafone will let you pay thirty one pounds per month for eighteen months. These are not the only ones to choose from. Other reputable providers such as BT, Virgin, Plusnet, NowTV offer competitive prices for their unlimited broadband use.

There are no right or wrong ways to choose these providers of modern technology. The prices and MB may vary, but what you will be sure of is that you will be having value for your money. It must also be noted that millennial are not the only heavy users of broadband. You maybe someone who watch movies a lot and prefers to do so via online channels such Amazon Prime videos, Netflix etc, or you may just be spending a lot of time watching videos on Vimeo, playing online games etc. If you belong to this category of heavy user, you may require an even faster downloads. There are good options for you too. You may consider BT Fibre Unlimited Broadband (52MB) and calls with a twelve months contract for which you have to pay thirty £34.99 or Vodafone Unlimited Fibre (76MB) and pay £31 per month for eighteen months.

The difference between BT’s and Vodafone’s offers is that BT comes with free phone calls. But this is compensated by the higher Vodafone MB. Virgin Media Player Bundle with Unlimited Downloads of 50MB, Virgin Media Vivid 100MB which comes with phone. Plusnet, Sky and Talk Talk also offer similar deals.

The ten major UK providers, most already mentioned, also provide for business specific needs. These are suitable for business owners and enterprises. While the MB is similar to the ones appropriate for other heavy users, there are additional features which are more business industry appropriate. But what exactly is business appropriate broadband?

With business broadband, the service providers include Fixed-IPs, webspace and email addresses which include the name of the business. There is also enhanced security to ensure the business information is protected from potential intruders. Furthermore, because there might be financial impact in case the service goes down, the business customer is likely to receive better customer support.

It may also be worth to take into consideration that not all the times broadband is accessed at a fixed location. There are moments when you may be required to work at a remote location without a wifi, but need access to internet. If you are one of the types who prefer to access the internet when you are out and about, you may likely want to do so via a laptop or some form of tablet. This does not only apply to business people, but for anyone who finds himself in such a situation. The answer to this in the dongle.

The dongle can be inserted into the USB port of the tablet or laptop. This will let you access a broadband service. The service is provided by mobile phone service providers. Some of the major Broadband providers are also mobile phone service providers. But there are many others that only provide mobile service. In the case of mobile phone, however,you do not need a dongle to access broadband service.

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Wealthy locals support the economy of prime central London

DIY / Home Improvement

The economy of prime central London is run by its wealthy residents
Photo by CC user Arriva436 on Wikimedia Commons

It is a widespread misunderstanding that the residents of prime central London do not contribute anything of value to the local economy. However, premier estate agents, Wetherell, have released a new report which shows that residents do in fact represent a significant support division in the prime central London economy and local neighbourhoods support the leisure, employment, and shopping sectors considerably.

There are currently 2,000 millionaires calling Mayfair home, of which 20 are billionaires, and 200 earn a nine-figure salary. Supporting data in the report provided by Westminster City Council, Dataloft, and EGI reveals that these wealthy residents contribute a generous £2.5 billion to the UK and local economy each year. Findings illustrate that the most supported areas in the local economy by people of the prime neighbourhood are luxury shopping, consultants, and employment. The annual spending review exposes spending of £2,700,000 on Interior Design and Artwork, £644,000 on Clothing, and £325,000 on Staff, at super prime households worth over £15 million, in Mayfair.

NUMBER ONE ADDRESS IN PRIME CENTRAL LONDON

Mayfair has always graced prime central London’s premium addresses and global destination wishlists with its presence. Despite this consistency, the exclusive neighbourhood has appealed to a changing profile of people over the years, with residents of the area getting younger each year. 43 percent of households in Mayfair are currently home to prosperous young couples and singles, with a high level of education. The property market in the district offers a rising number of flats designed specifically for this residential profile, making Mayfair younger by the day.

In addition to younger residents, Mayfair also attracts a broad range of people from around the world, with over 42 nationalities calling the neighbourhood home and over 60 percent of current residents having been born overseas. This ever-changing mix of people attracted to Mayfair is likely to continue changing as time goes on due to the shift in global economy and fortunes cropping up in other locations. Currently, 540 billionaires reside in the US, while 251 are in China and 120 in Germany, according to the Forbes Rich List. There are fewer Russian-speaking billionaires of late, and the Middle East has seen a fall as oil prices decline.

THE EXPANDING PROPERTY MARKET

Mayfair is set to undergo a major transformation this year, with further developments spanning the next five years. W1K has historically been the most expensive address in Mayfair, but with a long list of luxury developments in the pipeline, prices will begin to spread, and sales prices will increase, expanding the most expensive postcode across W1S and W1J.

The current property account in Mayfair consists of 4,348 homes, of which wealthy tenants privately rent 2,173 with an average weekly rental amount of £1,387, homeowners maintain 1,305, and the final 870 are social houses. Of the 1,305 owned properties, five percent are estimated to be worth under £1 million, while 45 are worth over £10 million. The remaining 50 percent are valued between £2 million and £10 million.

If the current property values were not enough evidence of Mayfair’s affluence and exclusivity, the average cost of a flat or house entering the current market is over £1 million and £4.8 million respectively. Despite the Global Financial Crisis, the prime central London property market remained stable, with current house prices higher than before the crisis began in 2007. Mayfair property prices have been growing at a slightly lower rate than the 45 percent last year, at 42 percent, but higher than the latest decade average of 30 percent.

The most recent decade has seen house prices in Mayfair grow by 188 percent, which is a substantial difference to the growth in wider prime central London. The Mayfair property market even outperformed the equity markets, making it the perfect place for investment.

Moving forward, the luxurious district will continue to allure affluent residents, with the ability to provide new properties offering everything that the modern dweller desires. With the demand for luxury living growing and Mayfair in a position to provide advanced technology and exclusive design in its properties, these new homes can reach new price levels, with the most premium developments driving a 100 percent price tag over the current average house price in Mayfair. With that in tow, Mayfair will continue to grow and remain healthy with the local economy supported by its residents.

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5 Tips to Maintain Your Beard

Fashion

Beards of all shapes and sizes have become a popular look for men. If you love the sound of a beardy style, you don’t need to sweat – beard grooming has never been easier and more fun. To ensure your beard doesn’t end up looking like an out of hand forest bush, keep these 5 beard maintenance tips in mind.

 1. Learn about your skin

Admittedly, your beard is going to take centre stage and amaze people with its luscious looks. But while the beard follicles will need to look the part and maintain a good composure, it all starts with the skin underneath. You must understand what kind of skin type you are dealing with in order to keep good care of it and to guarantee you don’t need to shave because the skin starts acting up.

So, find out what’s your skin type by visiting your barber or the local beauty store. Then you need to find the right moisturiser to support the skin. If you want to be clever, then just pick up some coconut oil from Holland & Barrett. It might sound weird, but the stuff is good for moisturising your skin.

2. Trim the right way

There are a few important things to know about trimming. First, if you’ve just started growing a beard you need to stay patient. You should never trim or style it in the first six weeks (if you are going for the full look). Trimming at this stage will make it trickier to find the right style and understand how fast and in which patterns your beard grows.

Once you’ve managed to grow a full beard, you should find the right cut based on your face shape. Birchbox has a great chart for understanding which cut fits what kind of shape the best. For instance, a round face looks better with a longer bottom and shorter side.

Once you have the beard and the right cut, learn to trim it at the right times. You want to groom it when it’s on the borderline of looking just right, but leaning on the overgrowth. What is the key to a good trim? A proper trimmer and the ability to use it. Throw away your old trimmers and scissors, and get quality products from specialist retailers like Shavers. With savings of up to 33% off shavers.co.uk, you don’t even need to worry about going over the budget with this one.

 3. Create a regular washing regime and stick to it

When you start growing it, you are going to encounter some itchiness. This is inevitable, but you will get over it with a few tricks. First, you need to create a regular washing and grooming regime and secondly, you need to stick with it.

Purchase a proper cleanser for beards and use it several times a week to properly scrub the beard. Make sure you wash away the soap with enough water (warm, but not hot). When drying the skin, just pat it as too much scrubbing can create more friction. Moisturise the skin properly with the coconut oil or any other chosen beard oil.

 4. Don’t just wash, but brush

Washing is not enough to keep your beard in good condition. You also need to regularly brush it. This is a great way of removing excess skin and dirt, but it also helps the hairs to grow in the right direction. So, if you have trouble taming it, the brushing will definitely help!

You can use any comb you want, but there are also special beard brushes available. If you want, these might be worth the cost. The Kent Brush line is especially good, but don’t feel like you need a specialist comb to do the job. You should brush the beard once a day – right after a wash and dry might be a good idea.

5. Fuel your beard with the right diet

It might seem like a cliché, but you truly are what you eat and this also applies to your beard. If you want to boost growth and to ensure your beard looks shiny and healthy, you need to be eating the right foods. Your beard is made from protein and fat, with tons of different nutrients supporting its function. By adding these foods to your diet, you’ll end up creating the beard of your dreams.

So, what should you eat for a strong and shiny beard? Add vitamins B5, B3, and B9 to your diet, along with protein and fats. This means eating eggs, drinking milk, and adding those leafy greens on the plate for once.

Growing a beard worthy of accolades will take time. But with the help of modern grooming products, even the most stubborn of beards can be tamed. Just add the above five tips to your repertoire and you’ll get a great beard!

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10 Underrated Travel Destinations to Visit

Travel

Huangshan is one of the world's Underrated Travel Destinations
Photo by CC user davelau on Flickr

When I hear somebody doesn’t like traveling, I just refuse to understand it. Some people do it because they long for adventures, or because of their business, or because they want to meet a Russian lady for marriage. Doesn’t matter. What I know for sure, certain gateways are famous while others remain unnoticed by most travelers. Let’s have a look at the top 10 unconventional places to see!

1. Huangshan, China

If you are a hiking- camping-addict or just in love with nature, this place is definitely worth the attention of travelers. A picturesque mountain range is found 300 km away from Shanghai, one of the most populous and lively cities of China so you can kill two birds with one stone.

2. Rumbur Valley, Pakistan

It is the smallest of three valleys populated by Kalash people, one of the ethnic minorities of Pakistan. You should prepare for challenges as this area offers almost no tourist amenities but you will be able to immerse in a unique local culture and marvel at wild landscapes instead.

3. Sequoia and Kings Canyon National Parks, USA

The Sierra Nevada is a stunningly beautiful mountain range famous for its diverse wildlife. So we’ve got two great recreational areas. I genuinely don’t know any person who wouldn’t be excited about seeing giant sequoias; moreover, there are a great many other tree and animal species.

4. Ulan Bator, Mongolia

The capital city of Mongolia is surely not the world’s most romantic gateway nor is it the center of civilization. But is you want to explore the unknown parts of East Asia, why not take such a trip? This area is rich in ancient relics and architectural monuments and, of course, natural attractions.

5. Scottish Highlands

Braveheart (1995) isn’t historically accurate yet it makes you fall in love with the Highlands. Well, the region is too big to outline anything right now. There are rocks, there are old towns, there are lakes and a plenty of other great things. Choose what you want and move out!

6. Pyongyang, North Korea

North Korea seems to be a less popular destination than the neighboring countries. Its capital city has impressively long and eventful history and rapidly develops nowadays. Traditional buildings meet high-rises, new attractions appear, and more and more small restaurants open.

7. Zanzibar Island, Tanzania

Also called the Spice Island, this is the pearl of East Africa. Everything that other beach resorts have can be found here: snow-white sand, palm trees, turquoise ocean water, and lots of the sunlight. In addition, the island offers all possible kinds of amusements even if your budget is pretty low.

8. Reykjavik, Iceland

Iceland is splendid and Reykjavik provides access to major local attractions. It is also the northernmost capital in the world (if we speak about sovereign states). Whether you are attracted to studying cultures, spa resorts, nightlife, or hanging out in the wild, your expectations will be met.

9. Florence, Italy

I have to confess that it’s my favorite Italian city so I judge it to be unfair that tourists often choose more mainstream routes. Florence doesn’t offer any crazy activities – everything is soaked with sophistication here. If you want to take some Renaissance air, this is where I strongly recommend you going.

10. Kiso Valley, Japan

Japan has gone through westernization but there are still areas where its old aura preserved. The Kiso Valley is one of those: visitors just can’t stay indifferent to its lovely towns, hiking trails, sceneries, and excellent food.

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Drive Ahead with a Better Business Model

Business

In running a business, what do you find to be some of your biggest challenges?

Probably one challenge that most if not all business owners would identify when being asked that question would be keeping customers satisfied.

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No matter what it seems company owners do, some customers will never think it is enough. As a result, the latter may move from business owner to business owner, looking for the one that will deliver each and everything they want.

With that in mind, running a business tied to transportation can prove to be quite a task.

For starters, you’re going to have to make sure that you get customers to and from where they need to go without hassles.

Secondly, given the time element is so much in play, even small delays can end up irritating any number of customers. When this occurs, they might never come back for more business.

At the end of the day, driving ahead with a better business model is doable if you put as much time and effort necessary into the process.

Transporting Success for Your Company

When it comes to a car sharing platform, if you’re in this line of work, you know how important it is to not only make being on time quite important, but also a smooth and hassle-free experience.

At the end of the day, some key areas to focus in on include managing all of your customers, the suppliers you work with, the vehicles involved in the operation, and of course your employees. You also want to make sure your technology is up to date, allowing you to identify and check drivers before they ever get behind the wheel.

If you’re in the delivery business, you also know how crucial a smooth transportation process needs to be.

For example, let’s say you deliver medicines for a pharmacy.

Unlike some other delivery services where being a day or two late wouldn’t have quite the consequences, many people (especially the young and senior citizens) depend on receiving their medications on time. If your driver/s prove to not always be reliable (not focused, get into accidents rather easily etc.) your customers can pay the price.

While there are many pharmacies and those related to the industry doing things online and via the regular mail these days, some still make deliveries to their customers.

No matter what kind of delivery service you have, make sure transportation bottlenecks do not come to define your brand.

Let Consumers Know Your Brand Works

For those businesses in transportation related industries (or any business for that matter), it is crucial that consumers know not only how your brand works, but how it can help them.

One of the best ways to get that word out in today’s digital age is of course through the Internet.

For instance, if you don’t have a website or it is lackadaisical at best, that is something you need to change moving forward (sooner better than later).

With a strong website in your hands, you have the opportunity to move your brand ahead, with the potential to leave competitors in the rearview mirror.

Speaking of that website, make sure it focuses on the following:

  • Content – Having solid content on your website is imperative. With that content, you can reach millions of consumers near and far. Most notably, make sure that content is both fresh and relevant;
  • Visuals – You also need a website that is strong on imagery, notably positive imagery;
  • Functionality – If your website has functional issues, you can’t truly expect consumers to want to come back again and again (if at all). Test your site regularly to make sure it is functioning with as few errors as possible.

If you are prepared to drive forward with a better business model, what are you waiting for?

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When You Should and Shouldn’t Take Out a Loan

Finance

There are many reasons why people apply for a loan. Sometimes people apply for loans out of necessity. Sometimes people apply for loans to buy products or services that are not really needed. It is important for people to understand the cost of taking a loan. There are many factors affecting the cost of getting a loan, such as your credit score, your assets and your job. The size of a loan varies from a few thousand dollars to a few hundred thousand dollars. There are many reasons why someone should take a loan or should not take a loan.

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Why you should take a loan

1. Buying your first home

This is one of the good reasons for you to apply for a loan. A home loan allows you to own a home instead of renting an apartment. The loan can be repaid in 15 or 30 years and you will get the lowest interest rates if your credit history is good. A home loan also gives you tax benefits, and can be easily calculated with a no charge tax tool!.

2. Student loan

If you are a student, then applying for a student loan is a good choice, as it allows you to get a degree in an area that offers good job opportunities. The government backs most of the student loans and the payment terms are very generous. The loan offers a way of funding your future.

3. Loans for Investments

If you are financially independent and responsible, then you can take loans to fund your investments. For example, you can borrow money to buy investment properties. These kind of loans are not suitable for regular folks. You must have the necessary financial knowledge and assets to apply for such loans.

Why you should not take out a loan

1. Bad credit history

If your credit history is not good, then you will not get the best loan terms. You must work on increasing your credit score before you applying for a loan. Typically, banks and lenders will charge you higher rates if your credit is not good. If you are someone with a poor credit history, then you should refrain from taking a loan.

2. Purchasing assets that are depreciating

If you are planning to buy assets such as automobiles, which are depreciating over periods of time, then you should not consider taking a loan. It is always recommended to take a loan to purchase items such as a home, which are appreciating in value and act as a hedge against inflation. Most people are in the habit of purchasing depreciating assets such as furniture, TV, smart phones, and automobiles by taking high interest loans. This is not a good idea.

3. Private loans

There are many private loans available today. These are very expensive. You will end up paying very high interest rates. It is always recommended to get a loan from major banking institutions and lenders. If your credit is not good, then you may be tempted to get private loans. You should not consider this option unless it is for an emergency situation.

4. Borrowing from credit cards

Credit card companies offer balance transfers. However, after the initial period of lower interest rates, the interest rates will increase drastically. Your monthly payments will go up. Do not fall for high interest balance transfer offers from credit card companies.

There are many reasons why people take out loans. However, there are not many good reasons why people should take a loan or should not take a loan. Some of the reasons listed above are helpful if you are a would-be borrower planning to take a loan. Taking a loan is a financial burden and should be avoided unless it helps you to accumulate real assets, which are appreciating and lead to financial independence.

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Thailand Serviced Offices: What You Need to Know

Business

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Over the last decade, Thailand has become a premier destination for western businesses looking to expand into the Asian market. It is a popular gateway to this part of the world, due to the draw of low corporate tax rates and quick registration processes.

There is a catch though and it’s a big one. If you want full ownership of a company in Thailand, it needs to be held in the name of an American or Thai partner. Despite this, scores of new businesses are launched every year and many are run from serviced offices in Bangkok.

Serviced facilities are a great way for new businesses to get a quick start and build up a secure foundation for growth. Keep reading to find out more about why they might be right for you.

Getting to Grips with the Basics

A serviced office provides all of the things that a conventional office lease does, with the difference being that it carries no long term contract. Also, the workspace is accessed as a fully furnished, fully equipped corporate suite. There are exceptions to this – some companies prefer to furnish an office for themselves – but, usually, there are no set up costs.

You pay a flat rate fee to call a ‘ready to go’ office your home. Serviced facilities include cleaning, lighting, HVAC, IT support, telephone answering and more. It is a great option for small teams looking to expand into Thailand because it minimises the risks. If you’re not tied into a 3-5 year lease, you can retain flexibility. Visit www.servcorp.co.th/en/serviced/offices/ for more information.

The Main Benefits of Going Serviced

Increased Flexibility

According to statistics, many of the businesses which opt for serviced facilities are concerned with their degree of flexibility. This is a valid issue because the first few years of life can be tough for a new company. There is no telling where market fluctuations and rapidly changing trends will take you. The important thing is that you can adapt to accommodate them.

Serviced office solutions are rented out on a rolling basis. This means that the contract lengths are very short and usually negotiable from month to month. If the business is thriving and you want to take advantage of it, you can upgrade to a bigger space without incurring penalty fees for a contract termination. Alternatively, you can downsize if you need to cut costs quickly.

Pay As You Use Resources

If you decide to work from a serviced suite, you’ll never have to worry about paying for resources you don’t need. For instance, instead of being expected to cover the cost of a generic office package (containing some tools that you have no use for), you can pick and choose the assets which hold the most value.

So, if you do almost all of your business online and very rarely make telephone contact, you probably don’t need a 24/7 receptionist service. You could scale the size of the service back or completely eliminate it from your rental terms. That way, you’ve got more to spend on the things that you do need; like IT support, help with website development, and fast broadband.

Why Modern Businesses Need to Act Quickly

While the core principles associated with setting up a business are much the same as they were fifty years ago, a lot of other factors have changed. These days, consumers are fickle beasts and there’s a lot of competition for their attention. It means that modern companies have to learn how to adapt quickly to market changes and serviced offices are one way to ensure that you stay flexible and ready for whatever the world throws at you.

 

 

 

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