The Benefits of a Serviced Office for Small Companies
A piece about some of the advantages of hiring this type of commercial space compared with traditional property rentals.
There is no doubt that a prestigious address can do wonders for a firm’s corporate image and consequently help it to attract clients for whom image is just as important as the goods and services that they receive. However, if you are just starting out in business, the cost of a long-term lease on a building in the right part of town is likely to be excessively high for you to consider. What you could do though, is to look at office space that is rented on a short-term basis and comes with a variety of services.
One of the biggest advantages of renting this type of space is the fact that it is, as mentioned above, often possible to do so on a very short-term basis. This means that if the move does not look as if it is working out, you can cut your losses and move somewhere cheaper very quickly. This fact alone could save your company if it is experiencing severe cash flow problems. The majority of serviced office packages in London and other parts of the United Kingdom include telecommunication facilities so that you can stay in touch with your clients and access the Internet from the day that you arrive.
More important than the provision of telephones and Internet connectivity to many small businesses is the fact that these services are supported by a team of technicians supplied by the management company. This can be really helpful as it means that there is no need for your firm to pay somebody to look after them on a full-time basis when they may only be needed for a couple of hours every week or so.
Something else that attracts many small concerns to offices of this nature is that there are often very small suites available, suitable for one or two people. This means that they can keep their costs to an absolute minimum in the early days and take on extra space only when it is really needed. This kind of flexibility gives smaller firms the chance to manage their finances more efficiently, which should ensure that they have a better chance of making it through the early days and turning into a force to be reckoned with in the years ahead.
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