What are your reasons for renting a serviced office? You may not be sure right now, but some of the following reasons may appeal to you. These are ten of the top reasons many other companies have taken the step to rent an office fully serviced.
1. The business is growing fast, and it no longer makes sense to keep operating out of a home or another facility available for free. Unfortunately, it is also too soon to commit to a long term rental lease for an office space. The flexible renting terms of a serviced office is the perfect fit.
2. The business is moving from one city, state or country to another. Temporary office space is needed while explorations into the new area are performed and the decision to move into that area is completely set in stone. It makes no sense to sign a long lease when the exact city of operations could potentially change as plans are ironed out.
3. The business is small, but needs access to expensive equipment to ensure daily operations run smoother. Many serviced offices allow businesses to share equipment, so each business does not have to purchase it on their own.
4. The business is a new start-up, and space is needed but possibly not permanently. It is always risky starting up something brand new with limited funding, so it only makes sense to keep the long term commitments as low as possible.
5. The business is established, small to medium in size, and not to the point of hiring administrative and technical support to the budget. Since a serviced office gives the business some use of administrative support, the business can function smoothly without putting out an extra amount on hiring that extra personnel.
6. The business is booming unexpectedly fast, and the office space already rented will not hold all of the employees being hired. In this case, the company will typically put the overflow into a serviced office space, just until they can get out of their current commitment and find a larger space to permanently rent or purchase.
7. The business has already leased long term with a new office space, or has potentially purchased new space, but it is not ready at the time the lease on the old space is up. In order to keep business operating and employees safe while the new space is put together, a temporary rental is necessary.
8. The business is small or medium in size, but there is a need for extra office space for a given project. This may be something long term or short term, but the space will not always be needed, so it makes no sense to purchase or rent long term.
9. The business is large and is exploring the option of opening up a new division or department. Until the idea is fully invested and ready to go completely, they may rent a serviced office space to house that possible division or department. Eventually, that space will be scrapped with the division, or merged into the company.
10. The business is just starting up and the owners are not entirely sure how to go about operating an office space. They can use a serviced office as a learning experience.
All of these situations are temporary, but they also have an immediate need that the serviced office space can fill. Do you identify with any of these reasons? If so, it may be your time to take up residence in serviced space.
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