The benefits of serviced offices outlined

Serviced offices have numerous benefits over conventional office space and are not necessarily more expensive. Read on for more information.

Flexibility

Serviced offices offer truly flexible space that is a real alternative to traditional leased offices, with a typical initial contract of three months and upwards. In addition, most business centres will enable clients to adjust the amount of space they occupy, thus allowing you to effectively manage change in your business as and when it occurs.

Speed

Typically, most business centres can have you up and running within a few hours, including telephone, leased line, internet connections and LAN cabling. This compares with the many months it can take to find, lease and equip traditional office space. Simple licence agreements allow fast occupation versus the potentially lengthy and complicated process involved in taking a traditional lease that will involve lawyers, endless forms and paperwork, and time. There are usually no large deposits to pay or references to wait for, so new companies can get started instantly.

Technology

Business centres are typically equipped with CAT5 cabling, leased lines, and digital telephone systems. Audio-visual facilities and meeting room aids such as LCD projectors and videoconferencing equipment are also usually available to occupiers. Therefore, your business can take advantage of the latest technology without the usual capital investment or time-consuming requisition process.

Location

Serviced offices are typically located in prime buildings and prime locations. In such prime locations, smaller occupiers would usually struggle to secure small or medium-sized suites, especially on any kind of flexible terms. Prominent properties in prime office locations would usually be rented out as a whole only, and institutional landlords prefer long leases, in years rather than months.

Thus, serviced offices can provide your business with an exclusive address in a popular, prestigious and globally recognised location. Such a well-known address will obviously enhance your image with customers, employees and investors alike, but what they will not realise is the money you will actually save versus the more prohibitive costs and liabilities of traditional leases.

Cost

As well as being available immediately, business centres can also be extremely cost-effective, particularly for small or fast growing companies. Traditional office space occupiers have the financial burden of paying out not only for the actual office space they occupy, but also for all the communal areas for meeting rooms, conference facilities, kitchen, reception, and even the corridors.

With serviced offices, on the other hand, you pay ONLY for the space you occupy, and should your space requirements change, a modern business centre will let you adjust the amount of space you occupy to suit, and offer considerable flexibility. With a large operator, offices to let in other, nearby buildings may also be available or vacant and a service-based company such as Office Planet will be able to find instant office space to help your business seamlessly upgrade and downgrade your space or service requirements as and when needed.

With a serviced office there is no upfront capital investment to be made on equipment and fit-out, so that money can be invested in your business growth instead.

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