Firm offers fastest way to set up a Makati office

Entrepreneurs and startup companies can have their own instant offices with a prestigious business address in Makati City, according to a serviced office operator.

"We provide clients with a prestigious address. Imagine 37th floor, LKG Tower, 6801 Ayala Ave., Makati City. That address can be your business address and in your website. Imagine what this will give as first impression to your clients," says Lianne Muhlfeld, center manager of CEO Suite, a serviced office provider which opened a business center in Makati in May 2007.

CEO Suite, an Asian company established by Korean entrepreneur Mee Kim in Jakarta in 1997, operates 18 business centers across nine cities in eight Asian countries. It has a total of 600 ready-to-occupy office suites in Makati, Jakarta, Hanoi, Singapore, Kuala Lumpur, Shanghai, Beijing, Bangkok and Seoul.

Muhlfeld says CEO Suite provides clients with fully-furnished serviced offices, instant offices, virtual offices, meeting and training rooms and professional services.

CEO Suite now has more than 140 team members in eight countries, including 13 in the Philippines.

Muhlfeld says CEO Suite business centers are known for their landmark locations, which provide occupants with 360-degree view of the city.

Its business center in Makati, with a total of 1,080 square meters, offers 30 offices, with an occupancy rate of 90 percent. It is located on the 37th floor of the 38-story LKG Tower, which stands out with its unique facade along Ayala Avenue.

Muhfeld says CEO Suite Manila provides different services for clients, including professional services such as recruitment, business registration or event handling.

"Most of the companies are startups. They would want not to encounter the inconvenience of going to the BIR, SSS, SEC, DTI. We can actually provide the services. With the additional fee, we can do these for you," she says.

"We can also do recruitment. Think of us as a hotel. Say you want to book plane tickets, book a hotel room or book a car, or you want to ask our team to handle your event coordination. We can do this for a minimal and competitive price. We inform you first about the price," she says.

Muhfeld says serviced offices cost about P15,000 to P200,000 a month, depending on the size and the services. She says to avoid fly-by-night occupants, CEO Suite requires a two-month security deposit.

"You have to sign a one-page contract. We require a security deposit, refundable at the end of the contract," she says.

CEO Suite's basic package is a virtual business address, costing P2,888 a month, which can go down to P1,444 on promo rates, according to Muhfeld.

Muhfeld says CEO Suite has 100 customers for serviced offices and another 100 for virtual offices. "We are running at 90 percent occupancy. We have about several offices available right now," she says.

Serviced office occupants include foreign consulting firms, startups and IT companies while virtual office customers include entrepreneurs and professionals.

"A service office is actually an incubation space, as we can help you start up your business. We are very flexible with the lease agreement. We have a minimum of one month but you can sign up for as long as one year and is renewable," she says.

Shen Miranda, regional director for human resources at CEO Suite, says the company is on an expansion mode, in search for the site of its next business center at Bonifacio Global City in Taguig.

"We had several meetings with possible properties that we could consider in BGC. A lot of our clients would want to expand in that area. In fact, last year, I had a meeting with Mee Kim, with two properties. We are very particular with the property that we consider. Our boss is very particular with the view. She wants a 360-degree view for external offices. Most buildings in BGC, however, were built near other buildings blocking their view. If you would check our profile, most of our properties are situated on the top floor of a property. That's one of the amenities we are offering," says Miranda.

"At the end of the day, you want to relax and look at the view. That's a trademark of CEO Suite. Soon, we will be conquering BGC," she says

Source: The Standard