Reasons to Use a Serviced Office
In the past, getting a new business finally up and running was a big hassle. You needed to raise enough funds to lease a business space in a strategic location and invest in appropriate furniture and equipment to transform it into a decent and usable office space for your business.
Fortunately, with the proliferation of affordable serviced offices, start-ups and new businesses can now breathe a sigh of relief. Serviced offices have become incredibly popular over the past few years, and justifiably so.
If you are considering using a serviced office space but don’t know whether it is actually worth it, then this article is for you. Here are ten compelling reasons why you should definitely use a serviced office:
Having an office in a premium location gives you quite an advantage over your competition. It not only helps to make your business more appealing but also more accessible to staff and visitors. In the UK, there are more than 2,500 serviced offices.
On the surface, leasing a traditional office space might seem like a much cheaper option than using a serviced office. However, when you take a step back and carefully consider everything it takes to run a conventional leased office, you will quickly realize that opting for a serviced office is more cost-effective. Besides paying the initial fees and buying your own furniture and equipment, you also have to worry about the many other costs involved including business rates, utilities, maintenance, ongoing rent, and paying for your staff. On the other hand, a serviced office fee covers all of these costs, which makes it more affordable in the long run. You may be interested in having a look at ‘serviced offices to rent‘.
When leasing out commercial spaces, most landlords will only offer lease contracts that are a minimum of 3 to 5 years in length – quite a long time. Unfortunately, in the world of business, there is usually no telling what will happen in the future. For instance, if your business experiences quick growth, you will find yourself stuck in a small space. On the other hand, if you fail to meet your growth expectations, you will end up paying for space that you don’t necessarily need. But with a serviced office, you have more flexibility. Here, you can rent for as long as short as you need and scale up/down as your requirements change.
Perhaps the most enticing thing about serviced offices is that they come fully furnished and ready to use. This is particularly beneficial if you are a new business. You don’t have to worry about finding the money to buy furniture and equipment or spending a lot of time organizing the space.
The serviced office fee is an all-inclusive fee. It covers both the rent and admin support. Most serviced offices offer hi-speed internet connection, caretakers, admin, reception staff, and cleaners. In addition, most will cover your routine office tasks including filing, answering calls, and correspondence. This can save you a lot of money in terms of paying your staff. And by getting the expert support you need to run your office, you can focus on other important business matters.
It goes without saying that moving offices can take a lot of time and effort. From packing up everything in your current office, transporting it to the new space, unpacking it, setting up all the required utilities and facilities, to recruiting new staff members, you should expect to experience a period of downtime. However, with a serviced office, everything is already set up and ready for you to move right in and get started on your business operations.