A serviced office provides a mixture of people with different backgrounds, place and technology with a highly flexible agreement instead of traditional commercial space that only offers a long-term lease and a place.
Serviced offices have been around for ages, and the concept of ‘serviced offices’ has undergone many changes. Its core offering remains the same – from fully equipped and furnished workspaces to essential utilities. They provide ample amenities and facilities that a business needs to be fully functional, and companies can network with other firms that may foster their business growth.
As per the research, serviced offices are cost-effective and flexible. Nowadays maximum no. of start-ups and small businesses has been seen shifting towards serviced offices which clearly states that such offices will continue to evolve and grow rapidly.
A serviced office is a fully equipped and ready-to-move-in from day one, also referred to as managed offices, flexible offices or business centres. The rental office contract is flexible and often short-term, starting from 3 to 6 months of inclusive monthly billing. A Serviced office is a place you can rent ranging from one small desk to the self-contained whole floors as per your business size. Serviced offices are maintained by the office operator and offer flexibility as per your business needs. Businesses have begun to consider choosing a serviced office rather than opting for an expensive and long-term lease office. There has been a considerable increase globally, choosing a serviced office.
Serviced offices are flexible, furnished and fully-equipped pay-as-you-use office space. The main reason why many businesses choose serviced offices over traditional leased offices is that everything is inclusive in a monthly rental bill.
Office Furniture: Desks, chairs, and storage units are essentials for day-to-day operations. It incurs the business owners' time and cost if they have to be set up the office with all the equipment. However, serviced offices can provide furniture that fits the desired set up and is ready for use.
Telephone and High-speed Internet: Serviced office providers who charge rental fees will often provide telephone and high-speed internet services at a discounted rate. In some agreements, the only specific amount is covered, and the business owners will shoulder any cost more than that.
Technology: Normally, every business has to carry its computer and devices before shifting to another office space. However, office providers can source hardware such as computers, conference call equipment, TV’s, etc., and other facilities to support their operations.
Meeting Rooms: This is one of the best features of the serviced office space as the client’s meeting can easily be planned even at a very last moment. The Serviced office provider ensures that they provide a well-equipped, fully maintained and professional environment for a conference/meeting.
Breakout space: The breakout space concept has evolved to become much more than merely seating in the corner of the office. During the busy working schedule, the employees need to take some time to make a difference while working. By providing a nice breakout space, employees can focus more on potency and encourage relaxation and social interaction.
Flexibility: The key benefit of renting a serviced office space is its flexibility. Flexible office space is a term which defines flexibility feature of office space with contract terms being low as little as a month to a maximum of 3 years.. Businesses are adopting flexible workspaces for a variety of reasons including reduced costs, increased agility during growth periods, avoiding fixed long-term leases, relevant for all types of business shapes and sizes.
Office Management: When it comes to office management, it is not easy to organize all the key components to make the office arena a fully functional area. Office management typically involves:
Serviced offices take the hassle away from you, saves much of your time so that you can focus on your business growth. The best thing is that all of the services mentioned above are provided and managed by the serviced office provider, and everything is included within the monthly rent.
Facilities: When you imagine your perfect office space, what strikes to your mind? A workspace that’s filled with greenery and natural air? Or the one with spacious break-out areas and complimentary refreshments?
Days are gone when serviced offices offer only necessary facilities like meeting rooms, kitchen and reception desk. As modern business evolves, the serviced office concept has drastically changed and now provides an array of facilities. Along with the necessary facilities, most serviced offices now offer mail services, audio-visual equipment, cleaning services, security staff, phone booths, spacious break-out areas, business lounges, etc. The key benefit of such office spaces is that businesses can network with like-minded individuals.
Scalability: While the corporate world aims for rapid growth, scaling your business towards growth does not come easy. Serviced offices are the best option to avoid capital wastage as you choose to pay only for the used space and don’t have to pay for the whole space. The biggest reason behind the serviced offices growth is that they offer services ranging from smaller to larger corporate organisations.
We hope that the information shared in this article will help you to get your perfect serviced office. Contact us to get in touch with our experts who can guide you to find your ideal serviced office.