What Are Serviced Offices?

Updated 28/08/2023

Serviced offices are growing in popularity, especially with the changes we see in the ways businesses operate. Many businesses are choosing service offices due to the level of flexibility they can achieve.

In this article, we’ll take a look at what a serviced office is, the benefits of a serviced office, and more.

What is a Serviced Office?

A serviced office is an office space solution that provides a flexible lease, as well as flexible office spaces. The flexible lease can be either short- or long-term, with some providing 3-month lease periods or longer.

The lease may also offer an all-inclusive monthly payment, which includes rent and more. An all-inclusive monthly fee is easier to budget for. You always know how much to pay. For instance, there’s no need to budget for higher energy costs in winter or summer.

Serviced Offices are Great for Startups & Small Businesses

Whether you’re an entrepreneur or a small organisation, a serviced office provides a cost-effective solution for your office needs. The reason serviced offices are great for small businesses is that these spaces provide the flexibility needed when scaling up or down.

In addition, moving in is fast and simple. This is because all the office furniture, the tech, utilities, and more are set up in advance. All you need to do is show up on move-in day, sit down and get to work.

This means your business faces less downtime for moving, ensuring business operations have minimal disruptions. You won’t have to worry about missing important client communications or a huge delay in the supply change when moving into a serviced office.

Serviced offices also come with amenities and services, which are included in the monthly fee. If you need a meeting room to meet with a client, just book the room. You’ll also have access to a dedicated team of business professionals who can help with tasks, answer phones, and more.

A flexible lease also means it’s easier to test new markets without the need for a traditional long-term lease and office space.

Serviced Office Amenities

We have to mention the amenities that come with a serviced office. You’ll be amazed at what comes with a flexible lease and an all-inclusive monthly fee:

  • Bespoke office spaces
  • Fully stocked kitchens
  • Breakout spaces
  • Office furniture & equipment
  • And more

In addition, you’ll be able to work in beautiful, inspiring workspaces, which are designed to energise and create an innovative environment.

What Costs are Involved with a Serviced Office?

The serviced office usually bases the monthly fee on a per desk basis, with the amount based on:

  • The size of the office space
  • The services and facilities you’ll access
  • The city and town where the business centre is located
  • If the business centre is located in the heart of the business district or in a less desirable part of town

Additional Fees

It’s important to understand all the fees that come with a serviced office, as well as which services are included or not in the monthly fee.

Some serviced office providers do charge extra for access to meeting rooms and printers. It varies from business centre to business centre.

To avoid being surprised by additional fees, be sure to read through the lease completely. It’s also a good idea to ask the provider for a list of fees that could be included in your monthly fee. This way, you’ll be informed and decide whether or not the office space will work for you or not.

What’s the Difference Between a Serviced Office & Coworking Spaces?

Coworking spaces are also becoming more popular these days; however, what’s the difference between a serviced office and coworking spaces?

1). Coworking spaces are all about community and collaboration between members. These types of office spaces usually include networking events that help foster the collaborative spirit. Coworking spaces offer the chance to work alongside other business professionals from different industries. It’s also possible to make new partners or even find new clients. These things are not usually found in a serviced office.

2). Serviced offices include equipment and devices for your business. With a serviced office, you usually have everything provided, whereas, with a coworking space, you’ll need to bring your own or pay for access to these services.

3). Coworking spaces are usually cheaper than serviced offices.

What are the Benefits of a Serviced Office?

Serviced offices come with a wide range of benefits, including:

Flexible lease: as noted earlier, a serviced office usually includes a flexible lease and an all-inclusive monthly fee.

Reduced overhead: with a serviced office, a deposit is generally not required. You also save by not having to buy furniture or make an expensive move. Budgeting is also easier with just one fee to pay each month, rather than several bills. In addition, telecom and IT services are also included.

Managed spaces: the serviced office space is completely managed by the provider. This means you aren’t held responsible for maintenance or cleaning. Instead, these services are taken care of for you.

Scaling is easy: whether your business needs to scale up or down, either way, is easy with a serviced office. It’s also beneficial not to have to pay for unused space, making a serviced office a cost-effective solution.

Professional environment: with a serviced office, your company will appear more professional, as well as have credibility in the eyes of partners and clients.

Prestigious business address: what’s more, your business will also have a prestigious business address in an impressive business centre. The company can also enjoy a competitive edge with a business address in the heart of the city’s business district.

Access to admin staff: many serviced office providers also include access to a dedicated admin staff. If you have a task that needs to be done, just reach out to the admin staff for assistance. Or have you run out of business supplies? Let the staff know, and they’ll take care of it for you.

Summing It Up

As you can see, a serviced office provides a cost-effective solution for your company. Not only will you avoid the hassles of a traditional lease and office, but you’ll also have access to valuable perks.

If you believe a serviced office is the best choice for you, then contact us today. We can visit with you about the options we have available and answer any questions you may have about a serviced office solution for your business.

FAQs About Serviced Offices

Q: Can I personalise a serviced office to match my brand?
A: Absolutely! Serviced offices can be customised to reflect your brand’s unique identity.

Q: Are serviced offices only suitable for large businesses?
A: No, serviced offices cater to businesses of all sizes, from startups to established corporations.

Q: How do serviced offices contribute to work-life balance?
A: Many serviced offices offer wellness amenities and recreational areas, promoting a healthier work-life balance.

Q: Are serviced offices cost-effective in the long run?
A: Yes, considering the bundled services and reduced upfront costs, serviced offices are often more cost-effective.

Q: Can I expand my business globally using serviced offices?
A: Certainly, serviced offices provide an efficient way to establish a global presence without extensive setup efforts.

Q: Do serviced offices offer security and privacy?
A: Absolutely, serviced offices prioritise security through access control systems and secure data management.

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