For the vast majority of businesses, finding a permanent home is a process. Most don’t move into a formal office space for the first time and expect to stay there for good. After all, success is defined by your ability to grow and change. Over the years, you’ll pick up new employees, add new products, and invest in better equipment.
These assets require money, of course, but they also need physical space. So, there’ll come a time when you have to uproot the team and relocate to a brand new office. The key to making this transition as smooth and stress-free as possible is proper planning. Know what you need, how you’re going to pay for it, and what might change in the future.
This guide to finding the perfect serviced office will give you some tips on where to start your search.
The Floor Space
The actual amount of space required is something that you should think about early on in your search. Ultimately, it can be difficult to know what size office to go for because, while some level of growth is guaranteed, it can be tricky to forecast.
This is why flexible vendors are the best choice; certainly when compared with traditional landlords. Servcorp provides fully managed corporate suites, with no lock in leases. Click here to search for a serviced office in your city.
The Perks and Resources
Next, you’ve got to think about your logistical and practical needs. Top of the list comes a world class broadband connection and, preferably, a qualified onsite IT team. It is a good idea to find a vendor with back office support because they can solve tech problems in minutes.
The resources on offer at serviced facilities vary from vendor to vendor. However, most include collaborative and leisure spaces, receptionists, PA support, mailboxes, boardrooms, and even things like monthly networking events. Crucially, you only pay for the resources you consume.
The Physical Location
You might have a pretty good office already. However, in most cases, it can still be better. Certainly, if you don’t have an impressive location, it’s worth looking into alternative options. Location prejudice plays a key part in how investors build relationships with brands.
With a serviced vendor, you’re guaranteed an amazing spot in your city for a very affordable price. In New York, for instance, there are facilities in Battery Park, the World Trade Center, and the Avenue of the Americas. These are all highly sought after locations.
The Awkward Alternative
If you’re still not sure whether managed workspaces are the right choice, think about the alternative. The traditional and conventional method is to rent a long term lease from a private landlord. There are numerous downsides to this. The first is rigidity. You’re stuck in the lease.
Most landlords demand a lofty fee to terminate contracts earlier than the two or five years originally agreed. Serviced providers do not work this way. There are no penalties because you’re not signing … Read More