A serviced office is a fully furnished office space that’s ready for use with facilities provided and an operator to manage the property. Unlike traditional offices, serviced offices charge all-inclusive monthly bills covering everything from the space itself to Wi-Fi, reception staff, and cleaning.
There has been a growing demand for serviced offices, first initiated by pandemic and lockdown. More and more businesses are wanting flexible, short-term office spaces that enable them to take a more flexible approach to. Also, many more people are starting their own businesses and serviced offices are perfect for start-ups as they work on a short-term, rolling renewal style rental agreement.
Within this article, we are going to talk you through the top nine benefits of using a serviced office.
Immediate Accessibility and Quick Setup
With serviced offices, you will be able to begin working within the office the day after you sign your rental agreement. You will not need to wait for anything to be set up such as WI-FI or electricity. It will also be equipped with everything you need for immediate use. You will not need to worry about buying office furniture or equipment. Everything will be ready to go within the serviced office.
Flexibility in Lease Terms with Serviced Offices
Unlike traditional offices where you have to sign a three to five year lease, serviced offices offer you short-term, flexible lease options which run on a rolling renewal basis. This type of office allows for flexibility and growth as you can scale up, downsize, or move altogether at relatively short notice. This allows your business plan to adapt as your business evolves or circumstances change.
Cost-Effectiveness and Predictable Budgeting
Serviced offices have all inclusive pricing models which cover things such as utilities and maintenance. This will make for a much more cost-effective office space and it will also eliminate any hidden costs that can crop up within more traditional office spaces. This will make it much easier for you or your finance team to budget correctly, stopping any cash flow issues occurring.
Access to High-Quality Amenities
Because everything is included with the price and is shared by multiple people and business, serviced offices allow you access to high-quality amenities, technology and facilities.
You will have access to meeting rooms, kitchens and lounges, alongside high-quality computers, printers and WI-FI.
Prime Business Locations with Serviced Offices
Serviced offices allow you a cost-effective way into prime business locations. The rent on a traditional office space within a prime location would be high, much more than a start-up business would be able to afford. Serviced offices allow you to work from these prestigious areas for a much cheaper price. Working from this type of location will enhance your business image and increase your networking opportunities.
Professional Administrative Support
Within the serviced offices building, there will be a reception area and on-site team which will be able to offer you help and support with day-to-day operation tasks. This will take some of the pressure off, having to do and maintain everything yourself which is what happens within more traditional office spaces.
Networking and Community Building Opportunities
Using a shared office will mean that you are working with a shared space. This will give you a built-in community of local professionals and businesses. It will open you up to many opportunities for collaborations and networking. This will be amazing, particularly if you are just starting out, as you will find people with whom you can ask for advice.
Enhanced Flexibility for Remote and Hybrid Teams
Serviced offices will be great if you run a business that allows people to work remotely or to work in a hybrid work model. We are all different and although some people struggle with working remotely, many others thrive in this environment, particularly people who need a quiet and solitary work space.
Serviced offices allow you to give your team the flexibility to work from home or to work in a hybrid fashion whilst giving you a professional environment when needed.
Reduced Responsibility and Hassle-Free Maintenance
Using a serviced office will reduce the responsibility you have to maintain the office. Obviously, you will need to be respectful of the space and the people who work within, being as clean and tidy as possible, but you will not have to worry about property maintenance or repairs. This will be the responsibility of the owner or landlord. You will be able to fully focus on your business growth and operations.
The Benefits of Serviced Offices
There are many benefits of using serviced offices. They provide you with a cost-effective, flexible space that is easy and quick to access. You will be able to work from a prime business location and have access to excellent facilities, amenities and technology. Serviced offices are perfect for many different but, particularly for start-ups, as they are much cheaper than traditional offices and allow you to meet and network with your fellow local business owners.
A serviced office could be the perfect place to run your business and we hope our top nine benefits have helped you as you consider what type of offices are best for you and your business.
Within some of our Cinch Self Storage stores, we have serviced offices available to rent. Please click here to see if your local store has offices available.