Why serviced offices are becoming the go-to choice for new businesses
If you’re a growing business or start-up looking to make cost savings and bold strategic decisions for your brand, a serviced office space from Be Offices could be just what you need to get the ball moving.
Long gone are the days when businesses house their offices in the same area for years on end – and serviced offices are the latest alternative approach. They offer an increasingly cost-effective, temporary and flexible working environment for businesses with similar values.
Take a look below to find out more about how a serviced office can benefit your business and employees.
What is a serviced office?
A serviced office is an office space or building that comes fully equipped and managed by a third-party office provider. Rather than having sole ownership of your office space, businesses pay rent to the office provider who will rent out different sizes of offices, floors, or spaces within their ownership.
Serviced offices possess all the facilities and amenities needed to make a business tick – we’re talking reception services, toilets and kitchens, and lots of other business equipment. Sometimes serviced offices work better with businesses operating from the same sector, but this isn’t compulsory.
When it comes to serviced office space, sharing amenities and other services makes it a great place for a start-up business.
How do they benefit new businesses?
If you’re a new business looking to cement your place in your industry or marketplace, every financial expenditure can seem like a risk. You might be wary to commit to long office contracts and are looking to find cost efficiencies wherever you can.
With this in mind, a serviced office space can really benefit new businesses looking for a flexible and temporary approach to their accommodation. Office space can be rented for however long is necessary and is perfectly adaptable to grow in line with the demands of your business. So, if you double in size during your time in a particular office, you can simply rent more space.
Are serviced offices affordable?
When we consider the standard costs of rents and mortgage contracts in London, serviced office spaces are certainly the most viable option for new businesses looking to make cost-efficiencies and save a bit money in the long run.
While office providers will generally charge rent in proportion to the size of your business and the services you use within the office, you may be able to strike deals based on growth intention and the length of contract that you are willing to commit to.
Serviced office space is also perfect for new businesses looking to establish themselves within their industry, without the risk of committing to a long-term lease, or spending a fortune on equipment. The right choice of serviced office space can provide your business with all the amenities necessary to get you started – we’re talking furniture and chairs, Internet packages, toilets and kitchens, and even reception services. Doing so cuts down on the amount of time you have to spend purchasing and installing all of these items individually.
In summary, having a serviced office is the ideal, flexible choice for business owners that want to keep their options open – and their appearance professional.
Photo credit: Marc Mueller