Serviced offices vs. conventional offices
What is a serviced office?
A serviced office is an office or office building that is fully equipped and managed by a facility management company, which then rents individual offices or floors to other companies.
What’s the difference between a serviced office and a conventional office?
Where a conventional office will come as a space rather than a ready to use office, a serviced office provides immediately available, ready-to-use office solutions with secretarial services, IT support and building management included. Through renting a serviced office, clients receive an agreement which provides services along with smaller set up costs.
What are the benefits for choosing a serviced office?
Setting up a business in a serviced office is pretty simple. Furniture, WiFi, meetings rooms, kitchens and WC’s (all of the essentials) are all set up and readily available. Clients avoid all kinds of costs from full set up costs down to cleaner costs. Instead, clients pay a fee under an agreement.
Using a serviced office also allows for a very quick move. Renting a serviced office means that you could move in within days and have your staff working comfortably right away. This reduces stress and time-wasting.
What’s the catch?
There’s no catch with choosing to work from a serviced office. What you see is what you get. However, on a month to month basis, you will end up paying more and not all serviced offices are cheap. You would need to weigh up the pros and cons. If you’re a start-up, setting up a leased and unfurnished space could be very expensive.
You should also consider the short notice period. Where this might be great for you, when you can afford or would prefer a leased office – the serviced office providers also have the right to make you move.
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