Hunting for the perfect office space for your business can be a daunting process. Not only is it extremely time consuming, but you should brace for the impact it might have on your wallet. A hint, it's about to become much lighter. This is of course aside from the cost of furnishing your office, rent, maintenance and utilities. Considering the expenses and the amount of time you need to invest in the venture, several companies are now opting for alternative services like those provided by Serviced Offices.
Usually known as Business Centers or Executive offices, Serviced offices come with a lot of perks. Break areas, kitchens, and meeting rooms, all come furnished to cater to your needs. They also provide services that you can pay for if and when you use them. So they can be rented by the hour or day or week. Whatever suits your needs. It is a flexible option as you can pay for it according to the time and space you rent out, instead of committing to it long term.
Here are 8 ways you can make sure you're getting the best deals by opting for serviced offices.
You pay for the offices, and the individual facilities tag along.
If you lease an office, you only get access to an empty office space. On the other hand, serviced offices provide you with fully furnished kitchens, toilets, break rooms and meeting rooms that are ready to use. So you only have to pay for space you rent, all the commodities are included. This can be extremely cost-efficient for businesses who do not want to spend money on renting vast areas that might go unused most of the time.
Already furnished
Serviced offices come equipped with all the necessities like desks, chairs, cabinets and drawers. The place can also be customised according to your needs. So instead of leasing an empty office, you get to walk into a fully functional one. Furnishing an empty office can be very expensive and time-consuming. Plus the effort that you have to put into every detail might burn you out. Serviced offices save you money by accommodating your needs within its affordable prices.
Fixed rates and bills
Leasing your office is one part of the expense. Next, come several business rates and utility bills that you have to pay. Business rates are also prone to change as the value of the property changes. So it might not be easy to factor these costs into your budget. Utility bills can fluctuate as well. There is nothing you can do to anticipate the rise in these costs, or to control it for that matter. Serviced offices, on the other hand, come with fixed business rates as well as utility bills. You are not asked to cover these charges as they get accommodated by the serviced office providers.
In-house staff
Serviced offices provide you with the option of choosing from staff they already have on board. These include administration staff and receptionists. You can take advantage of these facilities. Moreover, they come trained for the job, so you don’t have to hire staff and pay for it separately. All of these costs are included in the main agreement. You might sometimes have to pay for support service staff, but these fees are negligent next to the ones you might have with a full-time wage.
Flexible workspace
A startup or a small business that might be thinking of expanding could find it extremely risky to rent a big space. There are no guarantees that the company will grow enough to fill the space, nor can they be sure the workforce won’t spill over the available space. Renting a big space comes with a long term lease which the company will have to commit to. Lastly, investing huge amounts of money into renting a large space might be risky. It might just send them under. Serviced offices provide you with the perfect solution. Rent the space you anticipate you will need, and then you can expand or reduce the size at a later date. This takes the risk factor right out of it along with the worry. Plus it is extremely easy on your pocket as you don't have to commit a large sum of money all at once.
Zero dilapidations
Call costs are cheaper
What are dilapidations?
Well, if you decide to vacate your space, you are slapped with a fee to return the office to its original format. This means all the things you've paid to customise it to match your needs, you now have to pay to reverse. Landlords can exploit these costs. The best thing about serviced offices is that there are no hidden costs. So, soetimes you can up and happily leave the serviced office behind without any added charges or huge bills tacked on.
Usually, the telephone bills are another cost businesses have to bear. Serviced offices provide calls at extremely low costs. Some serviced offices also offer you options that include the monthly calls cost.
Zero agent fees
To make sure you're not duped in any way, getting an agent on board is a must if you are buying a traditional office. They ensure that you get a good deal and a good quality office. You have to pay the agent either part of the rent or pay by the hour. It is an additional cost whichever you see it. Serviced offices are not only simpler, but they are easier to find. Several companies provide thousands of workspaces in different locations around the world. They also do not charge you any extra fees to browse. Serviced offices are so easy to locate, it is equivalent to finding a hotel to stay at. The options available to you are that varied.
The added benefits include no maintenance costs that you would normally have to spend a fortune on if you leased a place. If you encounter problems like your electricity or air conditioning stops, it is the responsibility of the serviced offices to take care of it. You could also network with the various companies that are situated in serviced offices. This could open up new opportunities to grow as employees and as a business. You could grow the size of your business or collaborate with your neighbour. The possibilities are endless.
Find out more about serviced offices near you by contacting us today.
