Today, having a business and running a company doesn’t mean the same thing it did a couple of decades ago. Innovations such as serviced offices and virtual offices, cloud technology, and lightning-fast internet speed have changed what it means to have a workspace and run a business.
These days, entrepreneurs can transition from working from home to having a fully-furnished office at a prime location in a matter of weeks. With no major investment. No moving-in woes. Hassle-free turnovers. And these are all thanks to serviced office providers. But exactly why are so many entrepreneurs and even huge businesses trade their conventional offices for serviced offices?
It’s more cost-effective than conventional office
At the core of it all, serviced offices sell more than a great company address for businesses. More than that, it offers efficiency and accessibility. And for a lot of entrepreneurs and small businesses, these are crucial considerations. It means a lot when you are just establishing your business that you get to start out at a small office that has everything you need and aren’t tied down by a three-year contract.
Leasing terms are flexible from one month to two years
And this is one of the major reasons why so many serviced offices continue to pop up in major cities worldwide, giving businesses more room for flexibility. The changing business design demands a change in the office structure as well. And serviced offices are able to cater that and more to these businesses that are looking for something more than a space where they can do their work.
Other professional services are provided
Apart from a fully-furnished office, serviced office providers also offer professional services because they understand that some of their clients are sole entrepreneurs who will need occasional help with the secretarial and admin work but aren’t exactly looking to hire anyone soon.
The office layout is cleverly done to boost productivity
One noteworthy thing about serviced offices is that when you enter an office, you immediately get what the interior design is for–to optimize creativity and productivity. With conventional offices, you need to figure this out for yourself, and although some may consider an office layout to play a minor role with people’s productivity, it’s actually the contrary. How you arrange the equipment and furniture in your office can affect that way you work. According to studies, a conducive work environment not only increases productivity but also boosts people’s overall motivation and uplifts their mood.
No investment in assets means fewer risks for businesses
And given all these, from the flexible leasing terms to the smart office layout to having an accessible office building at a prime location, the bottom line is that businesses still have a minimal risk by choosing a serviced office compared to a conventional one. For one thing, there is no need to buy new office equipment, enrol for an internet service provider, and deal with so much paper work just to rent an office space. For another thing, it will always be about efficiency. This fast-paced age of businesses will always be about efficiency. And serviced offices are all about that.
About the Author
Roch Lazarte is a copywriter, social media strategist, spoken word poet, and teacher. On a good day, she writes features on business and management. On a bad day, she writes poetry.