2020 was a tough year for everyone, especially business owners. With the shift towards remote working, many companies will be questioning the need for a large office space – and a large rental payment.
Serviced Offices are a great alternative to the traditional corporate office. Whilst it may seem daunting to downsize and share your space with other businesses, there are many great benefits, and many of our clients would never look back. One of the main benefits is saving money, whilst still providing a flexible working environment for your team.
Here are 4 ways that renting a serviced office can save you money.
As opposed to renting a leased office, you only pay for the space you really need in a serviced office. Facilities like toilets, kitchens, meeting rooms and business lounges are communal, managed facilities.
The serviced office provider takes care of these, so you only have to pay for the office that you use. This can provide a large saving for businesses, who would otherwise have to pay rent for the whole internal area.
Any company that wants to expand takes a risk, renting leased office space. They cannot be certain that their company will definitely grow into the space, nor can they be definite they won’t outgrow it. Either way, by taking a larger space to grow into, they will be paying for it (and for a long time, as you are usually bound to a 3 to 10 year contract).
Renting a serviced office normally rids you of this worry. Rent the exact size you need initially and the provider will typically allow you to jump to larger spaces in the building, as and when your company grows.
Maintenance costs will no longer be a cause of pain once you have moved into your serviced office. When the air conditioning packs in, the electricity goes, or the toilet gets blocked, it won’t be your problem.
In a serviced office, these inevitable troubles are covered by the work space provider, meaning you are saving on maintenance.
Although not strictly speaking a money saving point, the opportunities to network in a serviced office space can provide an extra source of income and help your growth.
Serviced offices are packed with a number of small to medium sized growing businesses and the networking possibilities are endless. If you become friendly with the IT company down the corridor, you might even get some discounts on your next equipment purchase!
If you are interested in renting a serviced office from Pure Offices, please get in touch with our friendly team.