A Serviced Office – Best for Business Beginners

Quite effectively, a serviced office saves you heavy and unnecessary capital expenses and allows you to use your resources to build your actual business. In the early years, and at any time, the optimization of resources is the key to effective business execution. A serviced office helps you optimize your costs and overheads. It frees you from many financial and legal hassles, which otherwise consume time, money and attention and divert focus from core business development.

A serviced office is also called an executive suite or business center. Serviced offices are typically fully equipped and come with dedicated computers and equipment that can be used in common with other tenants. Shared resources can range from copiers to reception services and help the tenant optimize costs as well as acquire a prestigious business address.

A serviced office has many advantages

A serviced office has many advantages over traditional offices, unless you’re running a large business and really need that company-owned office space to house special employees and equipment. Even large corporate houses have been known to rent space in business centers in remote locations, or in new market territories where immediate or long-term spending would be unwise. The main advantages of a serviced office include:

1. Resource Savings: The main charm of using executive suites is in the shared resource offerings that reduce personal business costs to a fraction of setting up a traditional office.

2. Primary Business Address – Executive suites are typically located in major business areas and allow you a home base for your business that would otherwise not have been affordable or available.

3. Advanced Equipment: A business center can and does use advanced, heavy-duty business equipment, which under normal circumstances would be an unwise investment for small offices. The presence of better sales teams in serviced offices allows a tenant to process occasional work in-house rather than outsource it.

4. Instant start-up: A business center provides tremendous initial start-up speed for a business. Setting up traditional offices is often a time-consuming process, but in a business center, you can move in and be up and running the next minute.

5. Shared Staff – Most executive suites employ office staff and receptionists whose service can be availed of at a fraction of the cost of hiring a full-time employee. Such staff are also typically more skilled than the average in-house staff, as they serve a greater variety of employers and customers, and also have the opportunity to hone their skills through a greater number of customer interactions.

6. Flexibility: A business center provider helps you test different office locations and gives you the option to gradually acquire more facilities at the same location or spread them across different locations. There is no long-term contract and a fixed annual income system. Most of the Executive Suites have many ways to pay based on the facilities provided and allow you to pay by the hour, day, week or month based on the facility used.

When the situation allows the use of a serviced office, it is often a better option than setting up a traditional office with unnecessary investment and cumbersome legal paperwork.