Serviced Offices The Advantages and Disadvantages

Easy Offices advisors are frequently asked “What advantages will my business get from renting serviced office space?” well for companies unsure of what a serviced office business centre can offer them below is a list of just some of the major advantages of renting serviced office space.  We have also included some drawbacks that businesses considering a move to serviced office accommodation should be aware of.

MAJOR SERVICED OFFICE ADVANTAGES

Flexibility of Lease – short term licences, “ready to go” offices available for immediate occupation, vacate and move in quickly and at short notice, signing licences requires no legal costs and usually no references

Minimal Overheads – minimal up front deposit, no fit out costs, no dilapidation costs, all inclusive monthly payment means ease of budgeting (IT and telecom packages usually the only additional extra)

Ease of Expansion or Reduction – companies can expand or reduce space quickly and easily meaning that they don’t waste money on idle space and can expand without changing their business address

Business Support – business centres usually provide manned reception and admin staff, offering secretarial services as well as onsite meeting and conferencing facilities available on demand when you need a little extra support

Professional Image – you can always be assured that both the exterior and interior of the business centre is maintained to a high standard, helping your business project a professional image at all times, all interior cleaning is taken care of within the work station price

SOME DISADVANTAGES OF SERVICED OFFICE SPACE

Can be Expensive Long Term – although the prices of serviced offices can save money on the short-medium, serviced business centres can prove expensive when renting in the long term

Uniform Offices – business centres vary from converted buildings to built for use properties, some are full of traditional features or offer quirky, unique space (see our unique centre of the month section for more details) however some built for purpose centres can suffer from being rather uniform with offices that are all the same

Branding – some centres come fully branded meaning that they have their own over-door and internal signage making it obvious that companies are residing in a shared, rented business centre. Some centres however do come totally unbranded so that companies can give the impression of owning their own space.