A working space refers to an environment (inside or outside) that is used as a place of business. The number of people and industries that use a working space in Singapore may differ depending on the location. There are many factors to consider when looking for a suitable working space within Singapore, such as travel time and accessibility, cost, proximity to other industries or businesses, etc.
1. Accessibility
The accessibility of the working space is one of the most important factors to consider when looking for a suitable working space. The accessibility of working space is an important consideration because, to conduct business or perform activities, one needs to have access to certain facilities or things that are necessary for the business operation such as office equipment as well as meeting rooms, etc. Accessibility refers to how easily one can reach such facilities and things in time and what obstacles may be encountered along the way.
2. Cost
When looking for a working space, one of the considerations is the cost of the space, particularly for new businesses. There are several costs to consider when looking for a working space such as rental, tax, registration, maintenance fees, etc. These costs may differ from one location to another depending on the accessibility and features of each location.
3. Facilities
What facilities are available in the working space should also be considered. Facilities include features such as workspace, parking spaces, food and beverage outlets, etc. It is, therefore, necessary to consider not only the cost of the working space but also the facilities that are provided to ensure that both businesses and individuals are satisfied with their business operations.
4. Flexibility
This refers to how flexible the working space is and whether the space can be rented in terms of hours or days. Flexibility should also include how flexible the working space can be used, as it may not be able to be used for certain activities such as meetings with clients.
5. Registration and license
To operate businesses and carry out certain activities in Singapore, one needs to have a business registration certificate and some areas may require licenses for the businesses or activities to operate there. The best working space should allow ease of registration and license to the employees or individuals conducting business or activities in the space.
6. Security
Working places should be secure, meaning that it is unlikely that security threats such as robbery will occur. Therefore, it is important to consider how safe the working space is for employees to conduct business and for individuals who visit the working space for various reasons. Several factors determine a working space’s safety including whether there are security guards, closed-circuit television cameras (CCTV), metal detectors, etc. in place.
In conclusion, working spaces in Singapore provide the same benefits to businesses and individuals as other working spaces in other parts of the world. The benefits offered by working spaces include easy access to facilities, amenities, and security. As such, it is crucial to consider these factors when looking for a suitable workplace.
