Business Stories - Multinational Corporations
Even the largest and best known global MNC’s need to expand their presence into new markets to develop new revenue streams and also they often need to grow branch offices within an existing market to service and support their clients. Entering such new markets brings significant risk for MNC’s both in terms of establishing presence in a new, un-tested market but also in the speed to market and ease of setting up their presence.
This is where we can support you.
We have flexible and fully equipped, ready to use workspaces with contemporary furnishings and industry leading IT infrastructure that allows you to just sign up, move in and start business tomorrow. We can also provide customized workspaces tailored to meet your requirements.
Our business address or message handling service, part of our Virtual Office products, enable you to rapidly create presence in new markets with out making large capital investments.
Read how Compass Offices helps a Global MNC with it's regional presence in Asia:
Global Operations, Local Presence
This well-known global technology services company wished to seize a large market opportunity in Asia Pacific and to expand their footprint outside North America. Speed to market was critical for this client so that they could achieve first mover advantage over their competitors to create momentum in terms of client numbers and sales revenues. Initially, they needed to establish presence in the hub markets of Singapore and Hong Kong.
Selecting Compass Offices enabled this client to rapidly establish a regional HQ office presence in Hong Kong. We were able to provide a customized workspace tailored to their requirements for a large team room with management suite and meeting facilities all on flexible terms. We were also able to assist with company formation and set up.
This approach enabled rapid market entry whilst avoiding significant up-front capital costs, the need for secretarial and administrative personnel and allowed them to focus on developing their core business. At the same time a Virtual Office Premier package provided both a business address and message handling service coupled with 5 days private office usage for their mobile work force travelling to Singapore to develop the SE Asian markets. Subsequently, we were able to support their rapid growth by expanding their Virtual Office service to a full serviced office space within our network.
If you need to expand your business rapidly into new markets, talk to us about how we can support your growth.