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5 Benefits of Renting a Serviced Office

By Jamie Richardson | April 29, 2021

Photo Courtesy of Pixabay.com

Business owners are continuously looking for ways to cut down on their overhead costs. Many operational expenses are spent on leasing, furnishing, and outfitting office space for their staff. With a serviced office, businesses can save on the costs of setting up a permanent space and still get the benefits of having a professional office.

Serviced offices look and operate the same as a traditional office, but are owned by an outside management company that rents out space to various companies. Many businesses are switching over to this unique type of office arrangement with flexible leasing terms and fully equipped and furnished offices ready to move in.

When you rent a furnished office space, you will be able to move your staff right in and be ready to work immediately. Most serviced offices include all furniture, reception staff, telephone lines, internet service, meetings, conference rooms, and administrative support. Let’s take a look at a few benefits of renting a serviced office for your company.

Business Address

Many small businesses have humble beginnings in a home office or garage. While there is nothing wrong with that arrangement, it doesn’t provide you with a reputable professional address to build trust in your industry. When you rent a serviced office space, you immediately inherit the professional address of your space. You will likely be located in an urban or downtown district giving you more convenient access to restaurants, vendors, and financial institutions. You also gain a professional space in which to meet and entertain clients.

Flexible Lease

When renting a traditional office space, many companies are faced with having to commit to a long-term lease of at least three years. Serviced spaces provide business owners with a flexible alternative for housing their company. Short-term leases or discounted leasing costs for more extended leasing agreements are all a possibility when you invest in a serviced office space.

Reduced Overhead

Many serviced office management firms are willing to allow leases to pay-as-you-go for particular services. When you rent a traditional space, you pay for everything on your own, including furnishings, equipment, and technology. Serviced offices allow you to only pay for what you use. Rental packages are extremely flexible and designed to fit the needs of each business. You won’t lose money on the cost of setting up an office suite that could be better invested elsewhere in your business.

Administrative Staff

When you rent a serviced office, you gain valuable team members in the form of administrative support. Each central office is staffed by professionals that can help you with daily tasks like sending out packages, making copies, and greeting clients. There is no need to add an administrative staff member to your payroll.

Cleaning and Maintenance

When you lease your own traditional office space, it becomes your responsibility to hire cleaning and maintenance staff. Serviced office spaces employ their own cleaning and maintenance staff saving you time and overhead costs. You won’t have to worry about finding vendors and scheduling staff.

Companies worldwide have shifted to a more minimally sleek corporate presence that depends on technology and remote working. However, most companies still require a meeting space to discuss their team projects and communicate with clients. If you are looking for a unique, professional, and affordable space for your company, consider these benefits of renting a serviced office.

Jamie is a 5-year freelance writer who enjoys real estate. He is currently a Realty Biz News Contributor.
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