What is a serviced office?
A serviced office is a fully furnished ‘business ready’ office space. The building, often referred to as a business centre, and offices within are managed by a service provider and rented by individual companies who benefit from an inclusive monthly rental.
The biggest incentive of a serviced officed for an SME or start-up may well be the flexibility it offers. Unlike traditional long term office leases, which can seem daunting or unattainable, serviced offices offer shorter and more flexible licence agreements – usually starting from 3 or 6 month periods and rolling thereafter. Short term agreements also make it easier to upsize or downsize fairly quickly depending on how your business develops over time.
As standard the inclusive monthly rental will cover office broadband/WIFI, telephone handsets, utilities, cleaning and building maintenance – reducing the risk of any surprise costs at the end of the month. Additional services such as use of the shared meeting rooms or mail services can be an extra cost depending on the serviced office provider and their pricing plans but generally you only pay for these as and when you require the service.
Never underestimate the value of a little extra help! Onsite reception teams can provide day to day business support, whether that be greeting visitors on your behalf, preparing meeting rooms, or helping to answer company calls – seemingly small tasks maybe but all of which free up precious time during the working week.
Last but not least you and your team will benefit from the natural business community which stems from a serviced office environment. Communal areas provide an excellent opportunity to make new contacts and build positive relations with those working around you. Remember you never know who your office neighbour might be, or who they might know.