Why are more businesses moving to serviced offices?
Property provider Bruntwood investigates the reasons as to why an increasing number of businesses are turning to serviced offices when renting commercial space.
Choosing the right office is crucial for any business, as it can affect how an organisation functions and the impression it makes to current and future clients, partners and visitors.
An increasing number of businesses are turning to serviced offices when looking to rent commercial space, rather than opting for traditional long-term leases. We have discovered that this choice of office space provides organisations of all sizes across a range of sectors with various benefits, rather than just being an office solution for start-ups.
Not just for SMEs
It has often thought that serviced offices are designed for SMEs, providing them with temporary space as they get off the ground. While start-up businesses can greatly benefit from an all-inclusive office, the spaces can also be useful for all types of organisations, housing entire companies or select sections of an enterprise.
Many businesses are deciding to turn to serviced offices as a result of the flexibility they provide. Standard leases tend to last for ten years, meaning that an organisation must stay in the same space and location, and face administrative costs and delays should their circumstances change.
Letting a serviced offices gives companies the freedom to expand and contract when necessary. It is also great for those that need additional space for sub teams, projects or contractors during specific time periods, as they are able to rent more office space quickly.
While you may think that all-inclusive serviced offices are more expensive, they actually offer many businesses a cost effective solution. The fully functioning spaces containing everything from work stations to a manned reception desk at a fixed price means that companies don’t have to worry about the associated costs involved in conventional office leases, and can effectively manage their finances.
Businesses looking to relocate or set up an office with minimal hassle also turn to serviced offices. As most all-inclusive spaces are fitted with furniture, telephones and an internet connection, workers can move in, get started and present a professional image right away.
Serviced offices available
There are numerous operators throughout the UK, so businesses looking to rent a service office certainly have plenty of choice. Whether searching for serviced offices in Birmingham city centre, Manchester or London, organisations should seek to work with a property provider with well-located office spaces and friendly, committed staff. Operators can also offer different levels of service, so it is vital to find a reputable company when setting up business within a serviced office in order to fully reap the benefits that this type of space can offer.
This was posted in Bdaily's Members' News section by Bruntwood .