Everybody who lives in Singapore knows well that space is limited and incredibly precious here, due to Singapore’s limited land area. In fact, we are all reminded of this fact on a daily basis – whether it be squeezing on to an MRT train, or trying to get off a similarly crowded SBS bus. I believe “sardines” is an appropriate word to describe how we are packed like every single day.
The rapid development of new buildings and skyscrapers all around us compounds this fact, worrying not only the people walking by, but also local brick-and-mortar business owners. With space increasingly becoming a precious commodity, its value has correspondingly been driven up, to the despair of local business owners, who have to face an ever-growing rental bill. Even worse, this phenomenon of rising rental costs has caused many a business to fold.
As such, the very spaces that business owners own are supremely precious, and should be utilized as much as possible in order to maximize the money spent on them. Rather than let your venue spaces languish unused during off-peak hours, why not put them to work, and make them pay for themselves? Do not be fooled – there is always demand for quality spaces, regardless of whether it is the off-peak or peak season.
We list two more reasons why local businesses should put their spaces to work in an article listed here – namely, the increasing receptivity of Singaporeans to alternative venue spaces, and the opportunity to build brand awareness. Simply put, it is certainly beneficial for local business owners to consider opening up their spaces for meetings and events.
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