10 Reasons Why Serviced Offices Are Good For Startup Businesses

10 Reasons Why Serviced Offices Are Good For Startup Businesses

English: Administration Office

English: Administration Office (Photo credit: Wikipedia)

By Rabbi91

For a young startup business, every penny saved is a penny earned. Money becomes very dear and the thought of splurging for an office is unthinkable. Yet, it’s necessary to meet clients and put on a professional front. That’s where serviced offices come in.

1. The Right Address

For just a few dollars a month, you can actually obtain an office at a good business address, which is bound to impress any client. You can use the serviced office address in your business cards and letterheads for as long as you use the office.

2. Third-party Administration

Serviced offices are fully-furnished and equipped with all the tools and staffs you need to run your business. All you have to do is move in; everything is managed by the serviced office administration, including your calls, correspondence, filling and maintenance.

3. Add-on Facilities

The best part of a serviced office is that you can pay for add-on facilities and services as you require them. For example, if you need a conference room for a couple of days, you can rent it from the administration for that period only, saving you tons of cash.

4. Low Financial Commitment

You get access to the internet, utilities, office furniture, filing cabinets, computers, printers, fax machines and more without having to buy any of these. Compare this to renting a new office and furnishing it yourself.

5. Out-of-office Services

You can travel without having to close the office. The office administration will take care of your calls, handle your client enquiries, take messages and sort out your correspondence. This keeps your business ongoing and gives a positive impression of to clients.

6. Brand Tailoring

You can custom-tailor your office space with your brand’s logo, brand messaging and colors. Branding gives your business an additional edge, making your business more recognizable.

My Home Office III

(Photo credit: TranceMist)

7. Flexible Expansion

As your business grows, you can increase your office size and hire your own staff, without the hassle or long-term commitment. Conversely, it’s easy to downsize as well if needed. The utilities are included in your rent, so you won’t be losing out on those if you downsize.

8. Networking Opportunity

A single serviced office block can house several companies. It’s a good chance for startups to meet other like-minded business people and network. You can pick up new clients and leverage your contacts to expand your business.

9. Flexible Locations

Sign up with a large serviced office provider and you can choose your office location based on your needs. For example, you might want to locate near the city center to avail parking and transport or near the airport if your clients are mostly international.

10. Qualified Staff and Tools

Apart from the regular staff, you can ask the serviced office administration to provide qualified, technical staff for specific projects. You can also access expensive software tools for projects as well. This facility provides a great advantage especially when you’re strapped for cash.

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One Response to “10 Reasons Why Serviced Offices Are Good For Startup Businesses”
  1. This is a great read about serviced offices. Renting a serviced office really is ideal for start-up business owners, the only problem about it is the number of companies with the same type of product offer, competing against each other. For sure they have great serviced offices but the business owner really have to decide on which from the sea of companies, would they acquire services from.

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