It’s getting harder for businesses to get their own office spaces. Rent and property prices continue to rise, and many companies are priced out of the market. Luckily, there are other options available.
One of those options is serviced offices and coworking spaces. You rent part of a building instead of the entire one and share a space with other companies. This trend has grown so much that there were three million people using coworking spaces in 2019.
A serviced office space is an excellent option if you want to cut the time you spend maintaining an office space. Read the post below to learn why it makes sense to use serviced space for office solutions.
You have a lot on your plate when you buy a traditional office. You don’t only have the cost of the office space itself. You must cover furniture, computer equipment, utilities, and much more.
That isn’t as much of an issue with serviced offices. All you rent in this case is the space. These office solutions will provide everything else you need to get down to work.
That means you’ll have much less upfront cost when you use a serviced office. You can use that money for other expenses and spend less time trying to acquire everything necessary for a functional office.
Time is another thing you’ll save when you sign up for a coworking space. You must take care of all the little details in a traditional office. That includes making sure everything works correctly, and everything gets cleaned.
You don’t have those responsibilities when you have a serviced office. The company you rent office space from will handle all those details.
That means you don’t have to do these things yourself or manage contractors to handle the job. You can spend that time continuing to work on your business on tasks that move the needle forward.
Network With Other Businesses
One of the great things about a serviced office space is your proximity to other businesses. Sure, you may be close to some businesses if you rent a traditional office space. However, many companies go the serviced office route because you gain even more access to the other companies renting the space.
Many companies go this route specifically to interact with other business owners. You will sometimes share some of the same spaces with these companies. Those spaces include gyms, kitchens, conference rooms, and other facilities.
If you use those facilities, you’ll run into other business owners during the day. That gives you plenty of time to connect with other owners and grow your business network.
Access Prime Locations
One big problem with renting an office yourself is the price. It costs a lot of money to work in a prime location. You can spend much of your company’s profit on rent.
You can’t afford to go this route if you’re an up-and-coming company.
That means you’ll need to work from a less-than-ideal location if you don’t have a large budget. However, you can get around this issue using a coworking space like the ones found on Spacepool.
You can often save money when you work at a serviced office. Since you aren’t renting an entire office space, you can get a reduced rate and only pay for the office rooms you need. That leads to a significantly reduced price and the ability to work from a prime location in town.
Your ability to offer extra perks to your employees can be limited in a traditional office. You may not have much space, which means you need to be smart with the space you have.
You won’t have that issue when you work with a coworking space. Your provider will include many perks in the building that your employees can use. It can be anything from an employee gym to a full-service kitchen.
This is a perk you may not be able to offer otherwise, which means your company is a more attractive option. On top of that, you won’t need to invest in anything else to present it to your team.
Use Temporary Space
You don’t need to rent a coworking space full-time to take advantage of one. You can rent a space for as little time as a day. That means you have no long-term commitments and can move where you work.
This is important if you have clients globally. You may want a place to set up when you aren’t in your hometown. Renting office space for a day gives you that chance.
On top of that, you can bring clients to your temporary space to give a better experience to your clients. You probably don’t want to bring them to a hotel room or another public location.
Sometimes you have an emergency in your current location. You can experience flooding, fires, and other disasters that render your current office useless.
Even though this is a bad situation, that doesn’t mean you can just stop working. Your customers are relying on you to work. If you stop, you’ll lose even more money.
The great thing about a serviced office is that many have immediate occupancy. You can quickly set up a workspace and start working again.
Start Researching a Serviced Office Space Today
It’s not easy to run a flexible office space. You have to keep it clean, furnish it with desks and computers, and much more.
The good news is that there you can use a coworking space to share a building with other companies and get help maintaining the space. Research a serviced office space near you today to see your options
If you’re interested in more tips that will help you make great business decisions, check out more posts on the blog to find more business advice.