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What are the characteristics of the industries in which it is easy to start a business and succeed?
Recommended industries and their advantages and disadvantages
Startups 2022/12/26In recent years, more and more people in Japan have become interested in starting their own businesses due to government-led reforms in the way they work and the Corona disaster. If you actually want to start a business, you may be very concerned about whether your business is in an industry where it is easy to succeed. In this issue, we will introduce the five conditions for an industry in which entrepreneurship is likely to be successful, and then explain in detail the characteristics, advantages, and disadvantages of the recommended industries. 5 conditions that make it easy to start a successful business and 5 conditions that make it easy to start a successful business. As you begin preparing to start your own business, it is important to first ask yourself, "Can I expect future success in my type of business?" It is important to consider the following. Industries that can succeed through stable operations after starting a new business have the following characteristics. There is a market need For a start-up business to succeed, it is important that it be in an industry with high market needs. However, in recent years, the economic situation in Japan has been sluggish due to the Corona disaster and other factors, and the market environment is prone to significant changes. Therefore, when starting a new business, it is important to pay attention to potential needs as well as visible market needs, and to be in an industry that can reflect long-term demand. High profit margin A high profit margin is another key factor common to the majority of successful businesses. The profit margin is the ratio of profit to sales or selling price and is calculated by the following formula Profit Margin (%) = Net Profit / Sales x 100 (*Net profit = Sales - Cost of Sales - Expenses) As can be seen from this formula, a business with a high profit margin is characterized by a low cost of materials and other costs and expenses used in business activities. Low initial investment To make your business succeed as quickly as possible, it is also important to choose an industry or business with a low initial investment. For example, if you start a business that costs 5 million yen to start, even if you pay 1 million yen per year to financial institutions, it will take 5 years to pay off the loan. On the other hand, a business with an initial investment of zero yen would be able to keep its profits from the first year. No (or little) inventory required Inventory businesses have the disadvantage of requiring a large initial investment before starting up because they must first purchase the product and then sell it. In addition, if market needs change or purchasing expectations are not met, the large amount of remaining inventory will be lost. Considering these risks, it is recommended to start a business in a type of business that requires as little inventory as possible. Can be operated without a store To increase profit margins, it is also important to be in an industry with low fixed costs. In this regard, we would like to focus on the costs of stores and offices, which tend to account for a large proportion of fixed costs. For example, if a business can operate from home without a store, it will be easier to continue business in the same environment even if there are periods of zero sales due to changes in the market environment. Also, if you are in a type of business that allows you to operate without a store, you may be able to take a work vacation while continuing your business. Characteristics, advantages and disadvantages of recommended industries In order to efficiently run a successful business in this day and age, it is recommended that you start a business in the following industries that can meet all of the five conditions mentioned above. Consulting The consulting business is a job in which one utilizes one's expertise and experience to research, analyze, and provide advice on the business conditions and operations of companies and other organizations as well. A person who can perform these roles is called a consultant. There are various types of consultants, including. Management Consultant IT Consultant Web Customer Attraction Consultant Labor Consultant Human Resources Consultant Personal Consultant Event consultants, etc There are no qualifications required for consulting. Therefore, anyone with the expertise to provide advice and proposals to business owners and others can start a business immediately. In addition, by utilizing tools such as Zoom, it is possible to make proposals to clients nationwide online. However, in order to differentiate yourself from the many consulting firms to which many consultants belong, you will need to make various efforts, such as actively advertising your services through social networking sites and blogs, and offering free initial consulting services. Web Production A simple example of web production is the creation of content to be placed on a website or web site. The following types of jobs will allow you to start a business in this category. Web Producer Web Director Web Content Editor Web Writer Web Designer Web coder Those who have gained various experiences in web production can start their own business by themselves in a style where they are involved in the entire process of website production, from planning and proposal to design and development. In this industry, it is also possible to start your own business as a specialist in a specific field, such as a web designer or web writer. The advantage of starting a business in web production is that you can work anywhere with a single computer. On the other hand, the disadvantage is that without a proven track record, skills, and recognition, the unit price and compensation may be lower than when you were a company employee. Web site management Website management is a business that generates revenue through the use of self-built websites and blogs. Typical examples are affiliate marketing and product sales (online stores). The greatest advantage of website management is that you can start preparing to start a business as soon as you have a single computer. For example, you can set up a professional website while gathering information on the Internet while working at a company, and then start your own business after you are able to generate a certain amount of revenue. On the other hand, website management has the potential for a sudden drop in earnings if the site ceases to be updated or loses its reputation from Google. Therefore, it is necessary to consider content in accordance with Google's guidelines and persistently keep on track and update the site. Programming Programming is the task of writing instructions for a computer to do in software and system development. People involved in this work are called programmers. When a person starts a business as a programmer, he or she usually works on contract for projects from major companies. In some cases, they may also work in an on-site office with a development team. The biggest attraction of starting a business in programming is that if you are a programmer working with a language that is in high demand, you can expect to earn an annual income of 10 million yen or more. However, to earn such a high income, you will need to improve your skills in popular languages and connect with companies that handle high unit-price projects. Online school Online school is a general term for courses and lessons conducted remotely using a computer and an Internet connection. In recent years, with the growing demand for nest eggs due to the Corona disaster, many people are starting online schools in the following categories English Conversation Programming Fitness (yoga, muscle training, etc.) Tutoring Music (piano, voice training, etc.) Painting, etc The greatest appeal of online schools is that they allow students to start their own businesses in the areas they like and are good at. In addition, online has the appeal of connecting with a wider range of customers than face-to-face classes because you can open courses to students across the country. However, online schools tend to have a harder time keeping students motivated than face-to-face classes. Therefore, in order to succeed in starting an online school business, it will be necessary to devise ways to avoid one-way lessons from the instructor and to create a system to attract more customers. Summary To be successful in starting a business, it is important to prepare for independence in an industry that meets the following five criteria. There is a market need High profit margins Low initial investment No (or little) inventory required Can be operated without a store If you are looking for a cheap office to start a business for less, Tensho Office is also a great place to start. All of our office buildings are located in prime locations in central Tokyo. If you are interested in starting a business at Tensho Office, you can register your business in a location that combines status and convenience.
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Can I use a shared office for address use or corporate registration?Explanation of advantages and points to note
By Workspace type 2022/12/26This article introduces the features and advantages of address use and corporate registration services offered at serviced offices and coworking spaces. In the latter half of the article, we will also explain whether it is possible to use an address and corporate registration at a shared office. If you are considering registering an office or location where you will work when starting a business, please take a look at this article. Difference between Address Use and Corporate Registration Address usage and corporate registration are services offered by serviced offices and coworking spaces. There are some differences between them as follows. What is Address Use? Address usage is a generic term for address rental services, whereby an address, such as a serviced office, is made available for use in the following places. Users' business cards Flyers Brochures Promotional materials Web sites, etc. Address facilities also receive, store, and forward mail, courier services, and other packages addressed to users. What is Corporate Registration? First of all, legal entity registration is a system to have the outline of the company to be established officially recognized as a corporation. When a corporation is registered, a certificate of registered matters is issued by the Legal Affairs Bureau. This certificate is proof that the corporation has been officially registered, which increases the company's external credibility and makes it easier to obtain loans from banks and other financial institutions. On the other hand, corporate registration at a serviced office is a service that allows users to use the address of the facility as the location of the head office when registering their own company as a corporation. Advantages of Address Use First, the following three advantages in address use are presented. Lower initial start-up costs One of the biggest advantages of using an address is that it can significantly reduce the initial cost of starting a business. Shared offices and serviced offices are available at considerably lower rates than when business owners rent their own office space. The facilities are also equipped with chairs, desks, Wi-Fi, and other amenities and features that make them easy to use when starting a business quickly at a lower initial cost. No need to disclose home address For example, if you work from a home office that doubles as your home office, you may not want to disclose your home address as much as possible due to privacy concerns. In such cases, using a shared or serviced office address will make it easier for those who normally work from home to distinguish between their public and private lives. Easier to go on business trips, etc When a business owner works alone, without hiring an office staff, etc., he/she must receive mail and courier services. This makes it difficult to coordinate appointments with clients and travel schedules. On the other hand, if you use an address such as a serviced office, the facility will take care of receiving, storing, and forwarding mail and courier services. Advantages of Corporate Registration The advantage of corporate registration services is that a prestigious address, such as in a business district or in front of a terminal station where top companies gather, can be used for registration at a low cost. In this day and age, anyone can use applications such as Google Maps to find out the building where the location is located. Therefore, in order to make a good impression on customers to whom you hand out your business cards or brochures, it is recommended that you register your company using an address in a well-known business district where many famous companies are concentrated. Can I use an address or register a corporation in a shared office? Freelancers, sole proprietors, and start-up companies may consider using an address or corporate registration at a shared office where they can use free address or fixed seating. When using these services in a shared office, the following points should be noted. Corporate registration is not a legal issue First, it is not illegal to use an address or register a corporation in a shared office. However, shared offices tend to be less trustworthy, as many of them have free-address seating that can be used freely by a wide range of users. Therefore, when considering corporate registration in a shared office, it is advisable to compare and consider the following points. Awareness of shared office space Location of the shared office Track record of corporate accounts opened by users, etc Some positions are not permitted in shared offices However, please note that the following occupations have specific office requirements for opening and operating a business. Employment agency business Temporary staffing business Professional business (lawyers, judicial scriveners, tax accountants, labor and social security attorneys, etc.) Real estate business Detective agency Construction Used equipment sales, etc. For example, in the case of a staffing business, there are office requirements such as "must have an area of at least 20 square meters" or "must exist in an appropriate location for the operation of job placement". There is no clear statement in these regulations for each type of business that shared offices are not acceptable. However, in the case of a free-address shared office, even if you are able to register as a corporation, there is a possibility that you will not be approved to open a business due to a judgment such as "lack of office space" as in the case of a virtual office. Depending on the regulations of the shared office, this may not be possible The services offered by shared offices vary from business to business. Therefore, if there is no mention of address use or corporate registration in each facility's service description, it may be difficult to use the facility for such purposes. Also, detailed terms and conditions of use vary from facility to facility, so please be careful when signing a contract. For Tensho Office Tensho Office does not provide address rental service only. If you want to use an address in Tensho Office, you must actually sign a contract for a room. The address of the contracted office can also be used for corporate registration. Please note that all rooms at Tensho Office are private serviced offices. Therefore, many professionals such as judicial scriveners, tax accountants, and administrative scriveners, who have strict office requirements when they start their business, also use this office. In addition, all of Tensho Office's buildings are located in prime locations, making it highly recommended for those who choose to rent offices based on trust and credibility. Summary Address usage is the general term for address rental services offered by shared offices, serviced offices, and coworking spaces. This service allows you to use a prestigious address in a well-known business district or in front of a train station for business cards, envelopes, websites, etc. Corporate registration, on the other hand, is a service that allows you to use the address of the facility you have contracted with as the location of your head office when registering at the Legal Affairs Bureau. The following advantages can be expected when using the address use and corporate registration services at a prime location. Reduce initial start-up costs when starting a business No need to disclose your home address Easier to go on business trips, etc Increases your company's credibility In the case of shared or serviced offices, even if there are no legal problems in corporate registration, address use and corporate registration may not be possible due to the regulations of each facility. In the case of Tensho Office, you can rent out your address and register your company by signing a room contract. If you are looking for a location address that is highly credible to your clients, please contact Tensho Office.
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Can I open a corporate account at a bank in a serviced office?
Basic Knowledge of serviced offices 2022/12/26To start a business, you cannot begin without a bank account. Considering the level of trust from customers and suppliers, as well as accounting operations, we would definitely like to open a corporate account. But, you may be wondering, "Is it possible to open a corporate bank account at a serviced office?" We will explain how to open a corporate account at a serviced office. In this article, we will introduce the difficulty level and convenience of opening a corporate account at each financial institution, as well as points to increase the success rate. Can I open a corporate account at a bank in a serviced office? To sum up, basically, it is possible to open a corporate account at a bank even in a serviced office. However, in recent years, financial institutions have become more strict in their screening process for opening bank accounts. In the past, bank accounts have been abused by virtual offices by groups such as bank transfer scammers, and the National Police Agency has asked financial institutions to tighten their screening procedures. However, the Police Department has required financial institutions to tighten their screening procedures. Nevertheless, since opening an account itself has become more difficult regardless of whether it is a serviced office or not, the final decision must be left to the discretion of each financial institution. Type of Financial Institution Depending on size and type of transaction, financial institutions are classified into the following three categories. City banks (megabanks) Regional banks and Shinkin banks Internet Banks The severity of the screening process is generally city banks > regional banks and shinkin banks > Internet banks. In this section, we will look at the difficulty of screening, convenience, advantages and disadvantages of each financial institution. City banks (megabanks) Having a corporate account at a city bank or a so-called megabank is a good way to impress clients, and its many ATMs and branches are highly convenient. In many cases, the screening criteria are not disclosed, but it is said that the screening process is the most difficult. Of course, just because it is a serviced office does not mean you will be rejected immediately. It is possible to open a corporate account if you prepare the proper documents. The disadvantage is that most transactions require a commission fee, which is high. If you are just starting out and your revenue is low, the fees may become a burden. Regional banks and shinkin banks Compared to city banks, regional banks and shinkin banks tend to be easier to qualify. Another advantage is that many banks are community-based and offer extensive support for small and medium-sized businesses. In some cases, they can even provide small loans, which can be a strong ally when you are just starting out. On the other hand, they have fewer ATMs and branches than city banks, making them somewhat less convenient. In addition, in some cases, it is difficult to open a corporate account at a shinkin bank without a specific introduction. Net banking Internet banks are the easiest financial institutions to screen among those listed here. Another attractive point is that the process can be completed on the Internet, without the need to visit a store. The advantage is the low fees. Because of the low fees for transfers and deposits and withdrawals, Internet banks are quite easy to use if you often make small transactions. They are also convenient because they are available 24 hours a day, 365 days a year. However, there is no contact point where you can get help in case of an emergency or if you want to consult with them directly. The drawback is that it may take a long time to resolve the issue since the consultation is done by phone or e-mail. Points to increase the success rate of opening a corporate account While an office serviced is not the only reason you will be screened out, if your business is not credible, you will not be approved. In this section, we will introduce some points to increase the success rate of opening a corporate account. Clarify the nature and purpose of the business In the following cases, it is likely that the screening process will fail because the actual status of what kind of company cannot be ascertained. Multiple business lines and miscellaneous genres Business objectives are vague and unclear First, it is essential to clarify the nature and purpose of the business and be able to briefly explain it to the financial institution's staff. At this point, it is important to be careful to provide an explanation that can be understood without any knowledge of the industry. The person in charge at the financial institution is a financial professional. They are not familiar with all industries, so if you use too many technical terms, they may not be able to understand your explanation. Try to provide explanations that can be easily understood by a layperson. Note the amount of capital The amount of capital should also be taken into consideration. A company can be established with as little as one yen in capital, but if you wish to open a corporate account, a too low amount of capital is not desirable. In some cases, the amount of capital is judged as the "operational capacity of the company" in the examination process. Therefore, if the amount of capital is too low, the company may be considered to lack the strength to operate the business. Generally, for a small company, the capital is considered to be about 1-3 million yen. Therefore, when opening a corporate account, it is better to have at least 1 million yen in capital to avoid being evaluated unfavorably in the examination. Choose a bank that is close to your serviced office Choose a financial institution that is close to your serviced office to open a corporate account. If the location of the serviced office and the address of the bank branch are far apart, not only will the application not be approved, but in some cases the application itself may not be approved. If there is no special reason, it is basically safe to choose the bank/branch nearest to the serviced office. If the bank is close to the serviced office, it is likely that the bank will know of the office's presence, which will be a source of reassurance. Note that when opening a corporate account at an online bank, there is no need to worry about the location of the bank, as there are no physical branches or contact points. Prepare a website During the screening process for opening a corporate account, the contents of the website or web site are often checked. Be sure to create a website for your company, as a company without a website may be judged to have low credibility. Checking the website will allow the screening staff to learn about the company's business and its actual status. It is worthwhile to create a website because it will lead to trust and security not only from financial institutions but also from customers. Prepare documents that prove the actual status of sales and transactions Be sure to also prepare documents that prove the actual status of your business and transactions. Specifically, these include contracts actually used in the business, and purchase orders, delivery slips, invoices, and receipts sent by suppliers. These documents will serve as evidence of the actual business operations. Since they also serve as the aforementioned "explanation of the nature of the business," it is not uncommon for some banks to ask you to submit them as additional documents. Be sure to have all of these documents in order so that you are prepared to be asked to submit them at any time. List of items required to open a corporate account There are many required documents and items to be prepared for opening a corporate account. To ensure a smooth screening process, please make sure to have as many as possible ready at the time of application. <List of items required to open an account> DocumentsSummaryCertified copy of company registration(Certificate of all historical matters)The original document must be within 3 months of issuance.Articles of IncorporationSubmit as required.Company bank sealCertificate of seal impression of representativeThe original document must be within 3 months of issuance.Representative's personal sealIdentification card of the representativedriver's license, passport, resident registration card, or My number card, one of the following Photo identification is required.Documents showing the company's business activitiesIf you have company brochures, product samples, orPrepare quotations and other documents if available.Invoices, contracts, receipts, delivery slips delivery slips, etc., are also useful documents to show the actual status of the company.Other MaterialsIf you have little track record and few documents to show your businessIf you do not have much information about your business, you may want to prepare a business plan, business partner information, or work history as supplemental materials.Supplementary materials such as business plans, business partner information, and resume as supplemental materials.Licenses and permits issued by government agenciesIf any, it will be submitted.Rental Office AgreementThe screening process will be smoother if you are prepared. The required documents are basically as shown in the table, but it is important to check in advance because the required documents also vary from bank to bank. Summary Basically, you will not be refused to open a corporate account simply because you are a serviced office. However, in recent years, financial institutions have tightened their screening procedures, making it more difficult to open a corporate account.Therefore, it is essential to clarify the nature of your business and the actual status of your company to enhance your credibility. The level of difficulty of screening will naturally vary depending on each financial institution. City banks (megabanks) Regional banks and Shinkin banks Internet Banks Each has different advantages, disadvantages, and convenience, so it is advisable to choose a financial institution according to the size of your business.
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Why is renting an office recommended for startup companies?
Basic Knowledge of serviced offices Startups 2022/12/23A start-up company that has just been established is still cash-strapped and has limited funds to spend on equipment. Also, depending on the size of the initial office space, the company may grow rapidly in a short period of time and quickly outgrow it. This is why we recommend renting an office. In this article, we will discuss the appeal of renting an office and how to choose one for startup companies wondering whether they should set up an office. What is a serviced office? In a typical office, the user signs a contract with the building owner, pays monthly rent, and uses a single space as a "serviced office. Users must provide their own office furniture and equipment, such as desks, chairs, and copy machines. A serviced office, on the other hand, is a contract for a single parcel of space that is offered to multiple users. The space is private and can be used in the same way as a standard office. However, most serviced offices are furnished with office furniture. They also have facilities and equipment such as shared meeting rooms, copy machines, and lounges. For more information about serviced offices, please see the following articles. Benefits of renting an office space (Serviced office in Japan) Why rent an office for your startup company? Serviced offices are especially recommended for start-up companies. There are five main reasons. Let's check each of them. Fixed costs can be reduced The most attractive aspect for start-up companies is the cost. In the case of a typical serviced office, a long-term contract is assumed. If the office size is large from the beginning, fixed costs such as rent will be high. Since the company may not necessarily grow smoothly, you may end up paying extra expenses for a while. Serviced offices are available for relatively short contract terms, allowing you to rent an office that is suited to your size. Some offices include utilities, internet, and other fees in the common-area fee, which can help startup companies reduce burdensome fixed costs. Office furniture and office equipment are available The initial cost of setting up a new office tends to be high, as in addition to the security deposit and key money, office furniture and office equipment must be provided. However, with a rental office, these facilities are already in place and do not need to be purchased. Relocation costs are also reduced because there is no need to move equipment out of the building. Good location Serviced offices are often well located. Nonetheless, the lower rent compared to a typical office is a major attraction. Not only does this reduce the burden on employees to get to and from work and help create a comfortable work environment, but the easy accessibility of the office will also reduce the amount of transportation expenses paid. In addition, a good office location can be expected to impress new clients and financial institutions. Can be registered as a corporation There are many serviced offices that offer corporate registration. Corporate registration is essential when setting up an office, as it greatly affects the credibility of your business partners. While corporate registration can be a cumbersome procedure, it is relatively easy to register in the case of serviced offices. However, some management companies do not allow registration, so be sure to check before signing a contract. For more information on corporate registration of serviced offices, please see the following article. Can I register a corporation at a serviced office address? What are the advantages and precautions? Optional services available Some serviced offices offer a variety of optional services. These services range from the use of meeting and reception rooms to telephone service, cafes, and more. Start-up companies often have a small number of employees and inadequate human resources. By making good use of the optional services offered by serviced offices, you can outsource your business operations and expect to increase your business efficiency. However, service content differs from one serviced office to another, so it is important to make sure that you have the optional services you need. For startups! How to choose a serviced office We have learned that serviced offices have many attractive points for start-up companies. So, what criteria should you use to choose an office to rent? In this section, we will explain what to check when choosing an office to rent. Initial and monthly fees First, let's still focus on the initial and monthly costs. A typical office requires an initial cost of six months to a year's worth of monthly rent for security deposit, key money, and deposit. In the case of serviced offices, the initial cost is usually one to two months' rent, so this alone can reduce the initial cost. However, we do not recommend simply looking at the amount. It is important to consider whether the initial and monthly costs are sufficiently low, taking into account the items discussed in the following sections. In addition to the size of the company, it is important to carefully determine whether the services available are commensurate with the cost. location (e.g. of industry) Location is a very important factor when choosing an office. For employees, accessibility is a key factor in their ability to do their jobs. An office with good access to the surrounding environment will help business run smoothly. The location of your office can also make a big difference in your company's impression with new clients and customers. If you want to enhance your company's credibility, you need to be particular about the location of your office. Availability of private rooms Serviced offices are basically private rooms that give the company its own space. However, it is also possible that the service is being offered in confusion with shared office space. In such a case, there may be cases where the office is called a "serviced office," but it is a free-address office with no private rooms. This is not always the case, so be sure to check the availability of private office space when signing an office lease. Availability of shared facilities such as meeting rooms Even if not always necessary, meeting rooms and other shared facilities are surprisingly important. Meetings are essential to conducting business. In some cases, you may even invite your business partners' representatives to a meeting. In such cases, it is important to have a meeting room that can be used in a relaxed atmosphere. In many cases, shared facilities such as meeting rooms are optional in serviced offices. If there are only a few rooms available, you may not be able to use them when you want to hold a meeting, so it is important to check the extent to which shared facilities are available. Ease of contracting Ease of contract is also a major factor for renting an office. Renting a standard office tends to be a bit more difficult than renting an office space because of the long-term contractual commitment and the need to go through a screening process. In addition, annual contracts also require procedures such as changing the registration of the office. Serviced offices have the advantage of being easier to contract. However, the terms and conditions of the contract differ from one office to the next, so in order to get the most out of your serviced office, you will need to pay attention to the ease of contracting. Summary A start-up company that has just opened for business wants to save as much money as possible until the business gets off the ground. Renting a standard office space can be expensive, requiring a high security deposit and key money, as well as a long-term contract. Renting an office space for rent reduces the initial cost of security deposits and key money, and the monthly rent is in line with the size of the space. The move-in and move-out procedures are smooth, making it ideal for start-up companies that may need to increase headcount due to rapid growth. If you are considering renting an office in Tokyo, please consider Tensho Office as an option. You can use the meeting rooms and internet free of charge, and there are no fixed costs such as utilities. With initial and fixed costs as low as possible, you will be able to spend your valuable funds on the development of your business. Low-priced Private Serviced Office in TOKYO is Tensho office
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What are the initial costs of starting a business, and how much does it cost?【Low-cost methods are also explained】
Startups 2022/12/23To start a business, you first need to set up the necessary environment for starting a business, which involves a variety of costs. How much does it cost to start a business? If you don't know the costs of starting a business in advance, your business plan could go awry. Here we will explain the initial costs of starting a business and how to reduce the initial costs. If you are planning to start a business, please refer to this page to reduce unnecessary expenses. Contractual costs of leasing office space The serviced office contract will incur the following costs. Basic cost Brokerage fee The maximum amount charged is one month's monthly rent, but some real estate agencies offer half or no brokerage fees. Security Deposit Approximately 6-12 months is the standard market rate. If nothing happens, you may be refunded when you move out. Key money Unlike a deposit or security deposit, it is not refundable. The standard market rate is one to two months of rent. Advance rent In properties where rent is paid in advance, the next month's rent is charged as the initial cost. If you rent from the middle of the month, the rent is often prorated on a daily basis, etc. Some properties offer the first month free of charge. The amount charged will vary depending on the type of office space used, but the following are the minimum initial costs for a 300,000 yen rent office lease. 【Approximate initial cost of leasing office space】 Total…2,700,000 yen Advance rent…300,000 yen Brokerage fee…300,000 yen Deposit/Guarantee (6 months)…1,800,000 yen Key money (1 month)…300,000 yen Shared offices and serviced offices offer a lower initial cost than rented offices, as initial contracts can be signed for tens of thousands of yen to over 100,000 yen. With virtual offices, you can sign up for as little as 5,000 yen. Related Articles:How much does it cost to rent an office?Comparison with serviced offices and approximate market rates by area and size Advertising and promotion expenses Advertising and promotion expenses are necessary expenditures to make your company's services known. Business equipment Business card The market price is about 1,000 yen for 100 sheets. The more sheets ordered, the cheaper the price tends to be. Prices also vary depending on the type of design, paper material, and other factors. Creation of brochures It is a booklet that summarizes the company's services in an easy-to-understand manner, and is available in paper and electronic formats. If you outsource the entire process, including designing and directing the creation of the manuscript, the cost can be close to 1 million yen. If materials such as manuscripts and photographs can be prepared in-house, costs can be reduced. Web media for public relations Home Page Creation If you are outsourcing a full-fledged website of about 15 pages, expect to pay 500,000 yen or more. For companies that use templates to cut down on the man-hours required to create a website, it may be possible to create a website for as little as 100,000 yen. If you use a free website creation service and prepare the content in-house, the cost is zero, but it takes a lot of work. Domain Name Acquisition A domain is like an address on the Internet. The price varies depending on the type of domain, such as ".com", ".biz", ".co.jp", and so on. A cheap domain name costs a few hundred yen per year, while an expensive one costs several tens of thousands of yen. Server Management The server required to publish a website is generally a rental server (hosting server), unless the company is large in scale. Depending on the contracted plan (capacity), the monthly cost is about 1,000 to 2,000 yen. Advertising and Promotion Web Advertisement This is the cost of placing a Web ad, such as a listing ad, banner ad, or affiliate ad. Rates vary depending on the advertising format and medium. DM (direct mail) The shipping price of DM varies depending on the type, such as postcard type, sealed envelope type, catalog type, etc. Postcards and sealed letters can be sent for about 70-100 yen per piece, while catalogs cost about 400 yen per piece. Other costs range from TV commercials, billboards, and other advertising methods. Equipment-related expenses Procurement of equipment necessary to conduct business also incurs costs. Office Equipment Desk Chairs Lockers Partitions Book shelves, etc. …… Office Equipment Telephone FAX machines Personal computer Printers Copy machines, etc. …… Office supplies Seals Stationery Files Printer ink, etc. …… The cost of equipment can vary greatly depending on the product you choose, such as new, used, or manufacturer. If you are using a shared office, serviced office, or virtual office, this will be a negligible cost. Accounting and tax-related expenses Money in and money out must be managed. The cost depends on how it is managed. In-house management Accounting software (5,000 yen to several tens of thousands of yen) Spreadsheet software (free of charge - about 35,000 yen) Ledgers, etc. …… Outsourcing Tax accountant fees (30,000 yen or more) Accountant's fees (over $12,000), etc. …… Company Incorporation Fees The cost of establishing a company differs between a joint stock company and a limited liability company. For a sole proprietorship, there is no special fee since all you need to do is to submit a business start-up notification. Corporation Capital stock 1 yen or more Legal fee Electronic Articles of Incorporation50,000 yen fee for certification of articles of incorporation300 yen or more for a certified copy of the articles of incorporationRegistration and license tax 150,000 yen*Total of about 200,000 yen Paper Articles of Incorporation50,000 yen for certification of articles of incorporation40,000 yen for revenue stamps2,000 yen for a certified copy of the articles of incorporation150,000 yen for registration and license tax*Total: about 240,000 yen Other Expenses Electronic Articles of IncorporationCost of creating an official company sealCost of a certificate of seal impression, etc. …… Limited company Capital stock 1 yen or more Legal fee Electronic Articles of IncorporationElectronic Articles of Incorporation Total 60,000 yen (registration and license tax only) Paper Articles of IncorporationRegistration and license tax 60,000 yenRevenue stamp fee 40,000 yen*Total 100,000 yen Other ExpensesFees for preparing a personal sealElectronic Articles of IncorporationCost of seal certificate, etc. …… Sole proprietor Notification of opening of business only (no special fees required) How can I reduce the initial cost of starting a business? Because of the possibility of unplanned expenses when starting a business, it is a good idea to keep initial costs down. Ideas for controlling initial expenses include. Reduction of fixed costs In the early stages of starting a business, office rent is the fixed cost that should be reduced the most. Instead of renting a regular office with high initial and maintenance costs, it is better to choose a serviced office, a shared office, or a home-based business that is less expensive. In the case of rental or shared office space, utilities and communication costs are sometimes included in the fee, making it easier to keep track of expenses. Save on advertising and promotion costs For example, it is far cheaper to create a website in-house than to outsource it. Nowadays, there are many free services that can create high quality websites, so it is easy to create a website without special knowledge or skills. Do-it-yourself company formation Similar to advertising and publicity costs, requesting a judicial scrivener or similar to establish a company will cost several tens of thousands of yen to more than 100,000 yen in fees. It is possible to perform the procedures yourself, so if you want to keep costs down, do it yourself. Choose a sole proprietorship or limited liability company Starting with a sole proprietorship or limited liability company with little opening capital will reduce initial costs. It is not too late to convert to a joint stock company after the business has begun to take off. Summary We have presented an itemized list of the costs associated with starting a business. In the early stages of starting a business, it is important to find ways to keep costs low. In particular, you want to reduce fixed costs such as rent as much as possible to have more cash left over. We recommend choosing serviced or shared office space, which can be rented at a lower cost than regular serviced office space.
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How to choose an office when starting a business【Comparison of 5 typical types】
Startups 2022/12/23In order to get your business off the ground, the type of office you choose is also important. So, what factors should you focus on when choosing an office? This section explains how to choose an office when starting a business. We compare the features, advantages, and disadvantages of five typical types of office space, so if you are just starting a business, please use this as a reference for choosing an office. How to choose an office when starting a business When choosing an office, look for the following items. 1. Cost The use of office space involves initial costs at the time of contract and running costs such as monthly rent. Fees vary depending on location (per tsubo), office size, and other factors, but in most cases, funds are not plentiful in the early stages of starting a business. Therefore, how to reduce fixed costs is an important issue to keep as much cash as possible in the company. In order to keep rent as low as possible in the early stages of starting a business, it is a good idea to choose an inexpensive serviced office or shared office space. 2. Extent The average office space per person is said to be 3 tsubo to 5 tsubo. The amount of space needed depends on the business. For example, if you use the space for storing documents and books, such as a lawyer, you will need some space in your office. 3. Location (e.g. of industry) Location is a very important factor in the development of a business. Consider the area's name value, accessibility, and the number of companies doing business in the area when making your decision. 4. Functionality The more functional the office layout and the availability of restrooms, the more comfortable the work environment will be. If your job requires you to be in the office for long periods of time, office functionality is an item you should focus on. 5. Availability of corporate registration Some rental properties have contracts that do not allow corporate registration. For example, apartments and condominiums that are only for residential use have a statement in the contract that corporate registration is not possible. You should consult with the landlord to determine if corporate registration is actually possible. If you are considering incorporating your business, look for an office that can be registered as a corporation to ensure smooth business operations. Types of office space when starting a business There are five types of office styles when starting a business.Let's delve into the characteristics of each. Office for rent Feature It is also said to be highly reliable and advantageous for financing.Recommended for companies that have grown in size. 〇 Advantages Some freedom to set up office layouts You can decide on your own office equipment Low risk of information leakage and increased security Office rents remain the same even if the number of employees fluctuates slightly Use of telecommunications equipment is limited to in-house use only, so speed limits are unlikely to be imposed × Demerit Initial cost is high May not be cost-effective for small numbers of people Need to gather supplies in-house Difficult to find an office that meets your requirements Difficult to relocate Serviced Office Feature This is a style of office where a portion of the floor is rented.It is easy to use when you are small and do not require a large space, such as less than 10 people. 〇 Advantages Lower initial and maintenance costs than renting an office Renting an office in a good location Private rooms allow you to leave your work equipment in the office The room may have a desk, chair, and other minimal furnishings Communication, utilities, and other expenses are included in the cost Meeting rooms and reception rooms are available Relocation is easier than in a rented office because of the small size of the space × Demerit May be more expensive when used by a large number of people Although it is a private room, there is a risk of information leakage due to the presence of another company on the floor, so security control is necessary Network communication is shared, so there is a risk of slow communication speed Shared Office Feature Offices with lea address or fixed seating. Work is done in an open space, not in a private room.Recommended for freelancers (sole proprietors) and start-up companies. 〇 Advantages Renting an office for a small number of people is less expensive than renting an office Free drinks are available in many locations Expensive office equipment can be used Office equipment can be rented in one package Communication and utilities are included in the cost Easy to relocate Possibility to connect with other business people Meeting rooms are available Phone and fax services are available even if you are not in the office × Demerit Cannot work in a fixed seat depending on the plan There are concerns about security and information leakage because it is an open space Not suitable for businesses that require fixed lines, etc Network communication is shared, so there is a possibility of slow communication Virtual Office Feature There is no work space in the office where you can put your address and telephone. Recommended for those who do not need a fixed office but need a company address and fixed telephone. 〇 Advantages Inexpensive company address in a desirable location You can make phone calls, faxes, etc. without having to be at the office yourself Eliminate the need to use your home address for business × Demerit Some types of businesses cannot obtain a license Not suitable for industries that require a fixed line Not suitable for those who work in an office Some say it lacks reliability Home and office Feature An office that is part of a home or doubles as a residence. It has similar functionality to a rental office while keeping the price low. 〇 Advantages Less commuting time More secure than a shared office Lower office costs No time consuming contracts, relocation, etc No need to purchase office equipment if you can use your own equipment at home Rent, communication and utilities expenses can be deducted as expenses Flexible work hours Easier to manage housework and childcare × Demerit There is a possibility of mixing public and private life (hard to have a sense of balance) If you rent, you may not be able to register as a corporation Investment in equipment that is not at home must be purchased at actual cost Summary Choosing an office depends on the nature of your work and business. With the increase in the number of serviced offices and shared offices, especially in the Tokyo metropolitan area, it has become easier to start a small business. First, carefully plan what kind of environment you need and create a suitable office environment.
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Is a serviced office necessary for a sole proprietor?
The value of using it and the reality of supporting business management
By User 2022/12/23In recent years, with changes in the way people work, more and more people are leaving the companies they have worked for and starting their own businesses. Some of them may be thinking of opening their own business as a sole proprietorship. The question that arises is, "What about an office?" What about an office? Of course, you can also use your home as an office, but recently many people are using serviced offices. Here we introduce various types of offices, including serviced offices. The office can be divided into five different types! When a sole proprietor starts his own business, the question of what to do with the office space is very important. Basically, there are five types of office space. 1. Home Office A home office refers to the use of your home as an office as it is. This reduces initial costs such as deposit and key money required to rent a property, as well as monthly rent. In addition, since you work from home, you do not have to commute to work, so you do not have to suffer the stress of commuting. However, if you open a business from home, you will list your home location on your business card and website, which may cause some of your clients to wonder, "Can I trust this company?" Some companies may be concerned about the company's credibility. Especially large companies may not do business with you because they may consider you "unreliable. 2. Office for rent When you hear the word "office," the first thing that comes to mind is an office for rent. Since the floor of a leased office is a blank slate, you have a high degree of freedom in deciding the interior design and facilities, as long as they are within the scope of the contract. However, in order to rent an apartment, a large initial cost (six months to a year's rent) must be prepared, including a deposit and key money, as well as interior decoration and equipment costs. In addition, after signing a lease contract, interior work and equipment maintenance are required, which takes time. Therefore, renting an office is not suitable for those who want to rent an office immediately or who do not have enough funds. 3. Virtual Office A virtual office is an office that provides only the functions necessary for business, such as an office address, telephone number, and mail forwarding, without renting actual business space. Since the business space is not rented, the monthly fee is usually set low, around several thousand yen per month. This makes it possible to dramatically reduce initial and running costs. 4. Serviced Office A serviced office is an office that is fully furnished with desks, chairs, office automation equipment, and other interior furnishings, as well as Internet access and other facilities. Since everything necessary for work is already in place, initial costs can be reduced and work can begin quickly. 5. Shared Office A shared office is an office space shared by multiple users on the same floor. Like a serviced office, a shared office allows for a workspace, but privacy is difficult to maintain since the offices are often separated by simple partitions. Therefore, shared offices may not be suitable for those who handle important personal or confidential information. Sole proprietors should rent an office! We have discussed the characteristics of each type of office space, but if you are a sole proprietor looking to rent an office, renting an office is the best option for you. There are four main reasons. 1. Reduction of initial costs Generally, serviced offices do not require a security deposit, key money, or brokerage fee, and they come pre-equipped with office furniture and equipment, so there is no need to purchase new equipment. In addition, office furniture and equipment are pre-installed, so there is no need to purchase new equipment. 2. Easy office relocation Normally, when relocating to a new office, one must have desks, chairs, office automation equipment, and other items necessary for work. However, with a rental office, such facilities are already provided, so you can easily relocate your office with only a few simple procedures. 3. Meeting rooms available Normally, when relocating to a new office, one must have desks, chairs, office automation equipment, and other items necessary for work. However, with a serviced office, such facilities are already provided, so you can easily relocate your office with only a few simple procedures. 4. Prestigious location for business Serviced offices are often conveniently located near major train stations or in the heart of downtown areas. This makes it easy to meet with clients or commute from home, making it very convenient. Because of these advantages, serviced offices offer excellent value for money and are easier to manage overall. If you're thinking about renting an office, Tensho Office! If you are a sole proprietor and are looking to rent an office, Tensho Office is the place for you. Tensho Office specializes in serviced office space in Tokyo and offers the following features. 28 locations in Tokyo (Ikebukuro, Akihabara, Shinjuku, Akasaka, etc.) with good accessibility Cost savings can be expected due to low expenses (no brokerage fees, security deposits, key money, or security deposits) Meeting rooms, private mailboxes, and delivery boxes are also available Corporate registration is possible Internet access and utilities are also free (facility usage fees are included in the common service fee) This full range of services is available. Summary Today, there are many types of offices. Among the various types of offices, home offices, rental offices, virtual offices, serviced offices, shared offices, etc., serviced offices are the best choice for sole proprietors to rent an office. Reasons include the following. Significantly lower initial costs Flexible office relocation Conference room available If you are interested in renting office space, we recommend that you consider renting an office.
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Various office formats, which one to choose?
By Workspace type 2022/12/20Some people who are considering starting a business may be thinking about renting an office to work from. However, there are many different types of offices, including virtual offices, coworking spaces, shared offices, and serviced offices. Therefore, this article will list the characteristics, advantages and disadvantages of various office formats. If you are wondering which office to choose, please refer to this article. Features, advantages and disadvantages of virtual offices A virtual office is a form of office space where you rent only basic information such as an address and phone number to start a business. If mail or phone calls come to the virtual office, they will be forwarded to another location (such as your home). Since it is called virtual, there is no business space as a space. However, some virtual offices offer the option of renting a business meeting room or conference room. Advantages of a Virtual Office 1. Get a prestigious address at a reasonable price Virtual offices are basically free of deposit and key money when moving in, and the monthly rent is very reasonable, ranging from several thousand yen to 10,000 yen, which leads to reductions in initial and running costs. Furthermore, many virtual offices are located in major train stations and business districts. Thus, the ability to set up an office in a prestigious location with high brand value goes a long way in enhancing the credibility of the company. 2. Possible to register a corporation at an address other than your home address For example, if you run a business from home, you may not feel comfortable listing your home address on your business cards or website. Therefore, a virtual office allows you to register your corporation at an address other than your home address. Disadvantages of Virtual Offices 1. Some businesses may not be able to obtain permits Virtual offices may not be approved for official certificates in certain industries. For example, please note that it is difficult for industries that require individual dedicated space (e.g. lawyers, tax accountants, etc.). 2. It could be discovered that the office is a virtual office With virtual offices, many companies will use the same address, so a search on the Internet may turn up many companies with the same address. This can lead to a loss of credibility because people will know that the company is a virtual office and that it does not have an actual office. 3. Difficult to open corporate bank accounts in recent years In recent years, it has become more difficult to open a corporate account at a virtual office due to the impact of many accounts used in crimes such as bank transfer scams that were registered at virtual offices. If you are considering opening a corporate account, we recommend that you choose a large, well-run virtual office. Features, advantages and disadvantages of coworking spaces A coworking space is a type of facility where people with different jobs gather in one open space and share a work area. In most cases, the place where the work is done is an open space like a library. Much like shared offices, coworking spaces focus on community building, so most people use them with community building in mind. Advantages of Coworking Space 1. Have the opportunity to interact with each other When you work alone, it is difficult to have opportunities to interact with people in other industries as well as those in the same field. However, coworking spaces are open spaces that provide more opportunities to interact with other users. This allows you to exchange information and possibly create new business opportunities. 2. Available as a meeting place Many people may use cafes or restaurants for meetings with business partners. However, in such cases, the surrounding noise and stares can be distracting, making it difficult to have a calm and relaxed conversation. Many coworking spaces have conference rooms and meeting spaces attached, so you can talk in peace. Disadvantages of coworking space 1. Difficult to ensure privacy Basically, the work area is hardly partitioned, making it difficult to ensure privacy. For example, there is a possible risk of others seeing your computer screen or documents. 2. The sound of the surroundings can be distracting… Since it is an open space, there are people around. Especially in a coworking space with many users, the atmosphere can become lively and noisy, and you may be bothered by talking and noise. Therefore, you may not be able to work comfortably. Features, advantages and disadvantages of shared office space As the name implies, a shared office is a type of office where multiple users sit in an unoccupied seat and share a workspace on a free-address basis. Recently, there are also facilities with booths and other individual seating for one person, café-style facilities, and a wide variety of other types of shared office space. Advantages of Shared Office Space 1. Ability to interact with other users Since the workspace is shared, the biggest advantage is that you can interact with other users. Since you can communicate with people from various industries there, it may lead to new business opportunities. 2. Good location Shared offices are located in prime locations, such as in central Tokyo or near major train stations. This makes it easy and convenient to commute to the office. Having a prestigious address also increases your social credibility. 3. Access to shared facilities and lower costs Shared office space comes with no (or reasonable) security deposit or key money, and office furniture and office equipment necessary for work are also provided in advance, so initial costs can be significantly reduced. In addition, the monthly rent is typically 20,000 to 30,000 yen in Tokyo, which is cheaper than renting an office, leading to a reduction in running costs. In addition, many shared offices are equipped with shared facilities such as meeting space and conference rooms, which can be conveniently used for business meetings with business partners. 4. Corporate registration also available Corporate registration is possible using the address of the shared office. This is therefore recommended for those who are considering starting a business. Disadvantages of shared office space 1. Noise can be a concern… Since shared offices are surrounded by other users, noise such as talking and noises can be distracting and may interfere with business operations. 2. Careful handling of personal information Since shared offices are open spaces where an unspecified number of people come and go, there is some concern regarding security. Please be careful when handling personal information such as contracts, confidential documents, and computer data. Features, advantages and disadvantages of serviced offices A serviced office is an office that is pre-equipped with office furniture, office automation equipment, etc., to provide a proper working environment. Advantages of renting an office 1. Reduced initial costs and immediate move-in Since office furniture and OA equipment are fully furnished and do not need to be purchased, initial costs can be greatly reduced. Of course, you can move in immediately after signing a contract. 2. Corporate registration is possible Basically, it is possible to register a corporation at the address of the serviced office. This makes it safe for those who want to start up a company. 3. Good location Many serviced offices are located in prime locations such as central Tokyo and major train stations, and are in excellent locations. They are convenient and easy to commute to the office. Disadvantages of renting an office 1. Costs are high depending on the use of options Many serviced offices offer options such as call forwarding service, receptionist service, and secretarial service. However, the more you add these options, the more the total cost will be. Therefore, it is important to confirm in advance how much the price will be. 2. Layout cannot be changed Since the interior and office automation equipment are pre-installed, it is not possible to choose what suits one's own needs. Therefore, some people may feel cramped for use. Summary Here we have looked at the features, advantages and disadvantages of virtual offices, coworking spaces, shared offices, and serviced offices. If you are not sure which office is right for you, please refer to this article to find out which one is best for you. Also, if you are interested in renting an office and are looking for one in Tokyo, please consider Tensho Office. Tensho Office has inexpensive serviced offices in prime locations in Tokyo such as Shinjuku area, Ikebukuro area, Minato-ku and Chuo-ku. Initial and monthly rent can be reasonable, and corporate registration is also available. If you are interested, please feel free to contact us. Click here to see 【Why Choose TENSHO OFFICE】
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Difference between serviced office and virtual office
By Workspace type 2022/12/20When starting a business, the first concern is the "cost" of opening an office. It is a common thought that "we want to keep costs as low as possible" in any case.In recent years, serviced offices and virtual offices have emerged as cost-saving office services and are used by many entrepreneurs and freelancers. However, many people may not know what the differences are between them.For those who are interested, here we have organized the differences between serviced offices and virtual offices, as well as their advantages and disadvantages. What is the difference between a serviced office and a virtual office? Let's start with the difference between a serviced office and a virtual office. What is a serviced office? First of all, a serviced office is "an office that rents a business space equipped with everything you need to start working. The office space is equipped with desks, chairs, and other office furniture necessary for work, as well as office automation equipment (printers, copy machines, etc.) and Internet access. Therefore, you can start working immediately after moving in. Most of them also have conference rooms and meeting space, so they can accommodate visitors. Other optional services such as mail forwarding and secretarial services are also available, and the address can be used for corporate registration. What is a Virtual Office? In contrast, a virtual office is not like a serviced office where you can rent a business space to work in. A virtual office is a service that rents only basic information such as the address and phone number of an actual office. In addition, mail delivered to the office will be forwarded to a designated address, and telephone calls will be automatically forwarded (or handled by a secretary). Furthermore, it is almost always possible to use the rented address for corporate registration. In this way, a virtual office can appeal to clients as if there is an office there, even if there is no business space. Advantages and disadvantages of renting an office While there are many advantages to renting an office, there are also disadvantages. The advantages of renting an office are threefold! 1. Great location, plus corporate registration! Serviced offices are located in prime locations such as major urban stations and city centers. Thus, you can work in a good environment with good accessibility. You can also register your company using the address of the serviced office. Therefore, it is also recommended for those who want to start up a company. 2. Significantly lower initial costs and preparation time In a typical serviced office, the initial cost is quite high because you have to prepare the office furniture and office automation equipment necessary for work. However, in a serviced office, the office furniture and office equipment necessary for work are provided in advance. This can greatly reduce the initial cost and shorten the preparation time. 3. Full range of optional services There are many options available to meet your needs, including the use of conference and meeting rooms, telephone and reception services, and secretarial services. You can work comfortably and efficiently. Two disadvantages of renting an office are 1. Costs may be more expensive for some optional services… Serviced offices offer a variety of optional services as described above, but adding too many options for this or that may make the total cost more expensive. It is important to know in advance what options you need for your work. 2. You can't refurbish it! An office rental is just that - a rental. Be aware that you cannot refurbish the walls and floors to your liking or replace the office furniture. Advantages and disadvantages of virtual offices The following are some of the advantages and disadvantages of virtual offices. The benefits of a virtual office are twofold! 1. By far the cheapest available The biggest advantage of virtual offices is the reasonable monthly rent since there is no business space. This service can be used for several thousand yen to 10,000 yen per month, making it a very cost-effective service. 2. You get a prestigious address and can register a corporation Similar to rental offices, virtual offices are often located in prestigious locations such as major stations in Tokyo. The ability to register a corporation using such a prestigious address can greatly help improve the credibility of the company with clients and others. There are three disadvantages of virtual offices 1. Difficult to open a corporate bank account Recently, it has become difficult to open an account as a corporation in a virtual office. This is due to the fact that many accounts used in bank transfer scams are registered at virtual offices. Therefore, if you are considering opening a corporate bank account, choose a large, well-run virtual office. 2. May not be able to obtain a business license In some cases, virtual offices may not be able to obtain licenses for temporary staffing and real estate businesses. It is important to check in advance whether the type of business you are establishing will be approved for a virtual office. 3. Addresses may be duplicated with other companies Virtual offices are used by multiple companies at a single address. Therefore, be aware that if you search for the address on the website, another company may appear first, and there is a risk that the virtual office will be known to be a virtual office. Let's choose according to the purpose and use We have described the features, advantages and disadvantages of virtual offices and serviced offices. Based on these, we will now tell you who virtual offices and serviced offices are suitable for. Businesses with many visitors are suitable for serviced offices Serviced offices are recommended for service businesses and professional businesses (tax accountants and administrative scriveners) that receive many visitors. After all, having a business space in a well appointed building gives you a sense of security compared to a home office, and leads to trust from clients. In addition, conference rooms and meeting spaces can be rented for meetings and business negotiations. Therefore, you can work with peace of mind as we provide generous services even to the part of handling visitors. Virtual offices are suitable for industries that do not have (few) visitors A virtual office is basically for people who do not have visitors and do not need a space to work (at home or elsewhere). For example, people who run a website, are management consultants, or sell products over the Internet would definitely benefit from a virtual office. Virtual offices are also recommended for those who do not intend to expand the size of their business in the future. Summary Basically, serviced offices are suitable for industries that have many visitors (service industry, professional industry, etc.), while virtual offices are suitable for industries that do not have visitors (website management, management consulting, etc.). However, each has its own merits and demerits, so it is important to carefully examine the advantages and disadvantages of each before making a decision. If you are looking for an office to rent in Tokyo, please consider Tensho Office. We have offices in prime locations in Shinjuku, Shibuya, Minato, and Chiyoda wards in Tokyo with the following three features 1. Reasonable initial cost The initial cost is only 50,000 yen for a booth type office and a one-person room, and 100,000 yen for a fully private office for two or more persons. Furthermore, there is no security deposit, key money, or security deposit, so you can save a lot of money compared to renting an office. 2. Can be registered as a corporation At Tensho Office, you can register your company as a corporation just as you would with a serviced office. Therefore, even if you are worried about being able to register your company…, it is okay. 3. Lots of optional services! Use of the conference room, Internet access, utilities, and full facilities (shredder, dedicated mailbox, delivery box) are included in the common service fee. Therefore, monthly running costs can be reduced. Tensho Office offers office space for rent at a reasonable price. If you are interested, please contact us for more information. Click here to see 【Why Choose TENSHO OFFICE】
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What is a shared office? Features, Benefits, and How to Choose
By Workspace type 2022/12/19Along with reforms in the way people work, SOHO* and other workstyles that are not restricted by time or place have become widespread, and work styles that differ from traditional office work are attracting attention. Under these circumstances, major real estate companies and others have opened "shared offices," where workspace is shared by many people, one after another, mainly in urban areas. If you are reading this article, you are probably interested in share offices. In this article, we will introduce the characteristics of share offices, their advantages and disadvantages, and points on how to choose one. *An abbreviation for "small office/home office. Refers to a form of business in which work is performed in a home or small office. What is a shared office? Features and Functions There are many different types of shared offices, depending on the company that operates them. In this section, we will look at the features and functions of a typical shared office. What is a shared office? A shared office is an office format in which space is shared by several companies or individuals. Basically, there is no dedicated space, but rather a free address system. While typical leased office space is fixed, shared office space allows you to freely choose where you want to work. Features of Shared Offices The greatest feature of shared office space is that it is shared by several companies and individuals, thus minimizing costs such as rent and utilities. In addition, unlike typical serviced office space, there are no barriers between companies, making it easy to form connections with people from various industries. Shared Office Functions The four main functions of a shared office are. 1. Handling visitors Many shared offices have conference and meeting rooms to accommodate visitors and meetings. 2. Provide work space You will be provided with a shared space to work and pre-equipped with all the office and electronic equipment you need for your business. Since there is no need to purchase new equipment, you can start working immediately after signing a contract. 3. Address Use Basically, a shared office allows you to use the address. The address can be listed on business cards and websites, giving clients and users a sense of security. In addition, many of them can also be used as a corporate address, so there is no problem if you want to incorporate your company. 4. Receive telephone calls and mail on behalf of the company Most of the shared offices have telephone service and mail receiving service. This makes it very convenient for doing business. Difference between Shared Office and Serviced Office Similar to shared offices are serviced offices. Some people may not know the difference between these. Let's take a look at the differences between shared offices and serviced offices. Private rooms or free-address are common In general, it is safe to think of a serviced office as one that rents private rooms and a shared office as one that provides work space in a free-address format. Some shared offices have individual booths or individual seats, but in the case of serviced offices, private rooms are rented from the beginning. Therefore, the difference between a private room or free-address office is the difference between a serviced office and a shared office. Different companies have different definitions Shared offices are defined differently by different companies. Shared offices are free-address style, but may have individual booths or individual seats. In addition, some companies provide lockers for storing computers and other items you bring with you. This is not to say that shared offices do not have private rooms. Advantages of Shared Office Space Shared office space offers many advantages. Please understand these advantages and use them to help you choose the right office space. Communication is possible Because shared office space is shared, tenants work in a shared space, making it easy to communicate with other tenants and interact with other companies. In addition, it is not uncommon to meet people from various industries and business sectors and form personal connections, which can lead to business opportunities. Offices can be set up in favorable locations Many of our shared offices are located near major train stations or in business districts with good accessibility. This makes commuting and business activities very convenient and smooth. Furthermore, having an office in a well-known and convenient location gives the company status. Significantly reduce initial costs and start working immediately Signing a serviced office lease contract requires payment of a security deposit, key money, and guarantee money, resulting in a high initial cost. With shared office space, however, there is no need to pay a security deposit, key money, or guarantee, and office functions can be used simply by paying an entrance fee and the first month's rent, greatly reducing initial costs. In addition, desks, chairs, and MFPs (copying and facsimile machines) essential for business are also provided, so you can start your business immediately after signing a contract. Low monthly rent Another advantage is the low monthly rent. Even in Tokyo, rents are very inexpensive, ranging from 20,000 to 30,000 yen per month. Basically, renting an office in Tokyo requires more than 100,000 yen per month. However, with shared office space, you can use a prime location at a low cost, thus reducing running costs. Disadvantages of shared office space While shared office space has many advantages, there are also disadvantages that should be noted. If you choose to use shared office space, be aware of the disadvantages as well. Concerned about ambient noise When working in a shared space, you may be bothered by noises and phone calls because there are other users around you. For this reason, we recommend choosing a shared office with a silent space or other quiet space for working when you need to concentrate on your work. Be careful with your personal information In shared offices, security tends to be lax due to the nature of the space being shared by multiple companies and individuals. Special care must be taken when handling important information such as contracts, documents containing confidential information, and computer data. Who is a shared office suitable for? Shared offices are suitable for freelancers and startup companies. Some examples of professions that are suited to shared offices include. Consultant Consultants are in a profession that requires credibility in addition to previous experience and achievements. Shared offices are often located in central business districts, etc. By including the address on your business cards, you can easily gain their trust. Remote consulting is also not uncommon today, depending on the type of consulting. There is less and less need to have an office, as you often have to travel to the client's site. Using a shared office space allows you to meet a wide variety of people from different industries. This makes it easier to seize new business opportunities. Counselor Counseling is a profession that rarely requires individual space except for counseling with clients. Some shared offices offer silent spaces for quiet work. Private conference rooms and other spaces are also available for counseling. In addition, many shared offices are relatively newly built, so they are often clean and comfortable. Since counselors can work as long as they can secure a counseling location, shared offices are recommended as a way to reduce various costs. Writers and designers Writers and designers can basically work with a computer. Many freelance writers and designers can work from home. However, some people have trouble concentrating at home, and many use shared offices as an environment where they can concentrate. Furthermore, writers and designers are creators whose connections with others can lead directly to business. Therefore, meeting people from various industries can be expected to develop into business opportunities. You can broaden the scope of your work by meeting people through shared office space. Who is not suited to use shared office space? On the contrary, some people are not suited for shared office space. Let's take a look at what types of occupations are not suited for shared office space. Professional services such as tax accountants and administrative scriveners Tax accountants, administrative scriveners, and other professionals may not meet the requirements to open an office. The condition is that the space must be occupied to prevent information leakage. While this is difficult to meet in a shared office, it is possible to meet the condition in a serviced office.Tensho's rental offices offer individual spaces that can also be used as addresses for professional businesses. Other types of businesses with occupied space requirements Manufacturing businesses require large machinery, and businesses that need a store also need space to occupy. Therefore, such businesses would not be suitable for shared office space. However, there are examples of retail businesses and manufacturing businesses that use shared office space as a back office for administrative work. If you are in a type of business that requires space to be occupied, shared office space is basically not suitable for you, so you will need to think about how you want to use it. For industries that handle confidential information Shared offices are generally free-address style. This makes it difficult to handle confidential information from a security perspective. For those in the temporary staffing or job placement industry, the same condition for opening a business as for those in the professional services industry is that they must have an occupied space to prevent information leaks. If you are in an industry that deals with confidential information, a shared office is probably not the right choice for you. Points to consider when choosing a shared office Finally, here are four things to consider when choosing a shared office space. Let's take a look at what to look out for when choosing a shared office. Is the location good? Most shared offices are located in central Tokyo or near major train stations. However, there are exceptions, so it is important to check the location beforehand. If possible, it is a good idea to visit the office and check how many minutes it is from the station. Are the facilities adequate? The facilities and services provided are also important. Facilities and services provided in shared offices include the following. Reception Service Equipment such as multifunctional machines (copying and facsimile machines) Business meeting space Mail pickup and delivery service Free drink service Available 24 hours a day The facilities and services you seek will directly affect the usability of the share office. Therefore, be sure to check carefully when making your choice. What is the atmosphere like among other users? The atmosphere of other users is also an important factor in choosing a shared office. If you actually use the office and find that some people "don't fit in a bit…", you may not like coming to work. As a countermeasure, we recommend taking a tour of the office and asking the owner and users about the atmosphere before signing a contract. Can I register a corporation? Basically, shared offices can be registered as a corporation, but in some cases this is not possible due to regulations or other reasons. Therefore, it is important to check in advance whether corporate registration is possible. Summary Unlike serviced offices, shared offices are a free-address office format. Basically, you work in a shared space, but in some cases, individual booths or individual spaces are available. Shared office space is not suitable for all types of businesses, so care must be taken. When choosing a shared office, be sure to understand the advantages and disadvantages as well as points to be aware of, and choose carefully and without haste the property and plan that meets your requirements.
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