Finding an office space that is suitable for your demand is never an easy task. There are a lot of criteria to consider and evaluate when finding the best office space. One of the most commonly raised questions is “should I rent a serviced office, rather than a traditional office?”. This article will mention 5 of the key reasons why a serviced office is a great option for many businesses.
What is a serviced office?
A serviced office is a type of office that is fully equipped and managed by a company. It provides anything you need for an office from physical facilities like working tables, chairs, equipment,…. to operating services such as receptionist, cleaning, security, office supplies, management, etc. In fact, both local and international firms are increasingly shifting from traditional offices to this model due the many benefits it brings to the business.
Let’s dig deeper to find out the core benefits behind the serviced office model.
- Reduce the initial setup cost
One of the most important reasons for having a serviced office is to reduce the setup cost to start the business. Unlike the traditional office model, you don’t have to spend a lot on new furniture and equipment. The idea is that you only have to pay for the space you use and share the amenities that usually require large capital investment such as the common space, reception area, furniture, printers, etc. to save costs as much as possible. Your reserved capital can be then used for operating the business and other essential activities.
- More flexible options
Serviced offices are ideal for businesses looking to have high flexibility in terms of duration and seating options. Not only serviced office models give you plenty of spacing options with different arrangements, views, and setups to choose from, but also offer shorter commitment terms required as low as 6 months.
More interestingly, some of the innovative companies like HiLink offer hybrid working models “HyFlex” which allow customers to inherit all the benefits of a private office but choose a single full day to work on demand rather than paying a rental fee for a whole month.
Anyone who has been leasing office space will be familiar with the hassle of the office setup. Your job just doesn’t stop after successfully securing a nice and spacious space. There will be a not-too-short period to find the layout designer, decorate, buy equipment, fitting out furniture that might waste your precious time. This is not counting the time that you will need to find staff to keep the space clean and tidy, receptionist to welcome guests, IT staff to standby for any technical issues and the list keeps going on.
- Immediate availability
Businesses do not always have the leisure weeks to relocate equipment and staff. They may need to get up and running as quickly as possible to begin producing money. By leasing a serviced office, you can have the ability to move in immediately and start working even on the same day you visit, which is seemingly impossible for a traditional office. In addition, as your business expands, you can easily scale up your business by renting additional private offices or cabins, and again, with plenty of options and no hassle.
Of course, there is no guarantee that your business will run perfectly according to your plan. In the case of the business being scaled down, which happens quite often for start-ups and small businesses, you can always return the space without significant expense since most of the payment is usually month-to-month. In addition, all assets can be utilized for other companies, the investment lost is nearly zero.
A serviced office is an optimal solution for businesses finding a ready-to-move-in space with flexible options and effective cost. It will also free up your time by handling all the tiny but important issues of daily administration and utilities so that you can focus on your core business.
If you are looking for a high-quality serviced office, HiLink workspace can be a great choice for your new office with modern interior design and exclusive amenities & services for a better day at work.
You can contact the HiLink team now for a professional leasing consultation: (+84.24) 024 7772 9000.