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Serviced Offices

Key benefits of using a serviced office

March 18, 2024
5 min read
By
Liam Dargan
Business Centre Manager

Serviced offices are furnished, equipped, and ready-to-go workspaces. Entrepreneurs, start-ups, and micro-businesses looking for a flexible and professional working environment can use a serviced office as a cost-effective and low-risk alternative to a commercial office.

In this article, we explore these key benefits, as well as many others.

Flexible

One of the biggest advantages of using a serviced office is flexibility. Whereas traditional office lets are typically based on long-term agreements, a serviced office that is ready for you to move into any time and comes with shorter, more flexible contracts, might be more suitable for a new business that does not necessarily need a permanent office.

A serviced office gives you access to a professional, fully-equipped workspace for as long as required, allowing you to easily adapt your facilities to your business needs and use your time as efficiently as possible.


See also: Six top tips for hosting clients in a serviced office

See also: Can a tech company use a serviced office?


Serviced offices are also flexible in terms of location. Unlike commercial leases that tie you into a specific place for several years, using a serviced office means you can change your business location exactly when you need to (for example, when your team is expanding), without being restricted by long-term property agreements.

Affordable

With serviced offices, you only pay for what you need. Unlike a traditional office which comes with considerable upfront and ongoing costs, a serviced office is a far more affordable option.

Serviced offices are all-inclusive, meaning that internet, utilities, service charges, business rates and building insurance are all covered. Most also come with kitchen facilities, refreshments, and cleaning services, so you get extra value for money.

Rather than wasting vital funds on unused office space and facilities, or if you simply don't have the money to spend on a long lease, but would like to be able to access office facilities from time to time, why not use a serviced office for a cost-effective and efficient use of your budget?

In addition, as they are short-term agreements, you’ll make a considerable saving on rent with serviced offices, while still being able to take advantage of working in a prime business area.

Efficient

We’ve mentioned that serviced offices are cost-effective, but they’re also time-efficient. No matter the size of your business, time is precious. With a serviced office, your workplace is ready to go as soon as you move in.

There’s no need to waste time on fixing internet problems, dealing with technical issues, or cleaning your workspace - all these common gripes that you’re likely to experience in a traditional office are taken care of for you with a serviced office.

Upon your arrival, you can rest assured that you have a high-speed internet connection, your boards and monitors are all setup, and you have a clean and safe environment to work in. Simply connect your laptop and you’re all set for a productive day.

Convenient

Another key benefit of serviced offices is the choice of convenient locations, allowing you to select the workspace that suits your business and employees best.

For example, if you have remote staff based all over the country, you can use a centrally-located serviced office that’s easy for everyone to get to.

Or, if you particularly value local amenities, serviced offices typically offer plenty of bars, restaurants, and entertainment venues nearby.

Whatever your business needs most from its office space, you have the freedom to run your business from a convenient serviced office that’s right for you - and you can change it anytime you like.

Low risk

As a business owner, you’ll be as optimistic about the future of your company as possible. However, you’ll also need to consider that things might not necessarily go to plan - there’s a risk involved when starting a business.

In the start-up phase, opting for a serviced office rather than a commercial space can help you manage that risk more easily. Whether you find that you need to let staff go or, in the worst-case scenario, the business fails, you’ll be able to focus on navigating those challenges, without the added stress of what that means for your office lease.

In addition, you’re not responsible for any maintenance problems in a serviced office. If there’s damage, or something needs repairing, you won’t need to worry about arranging or paying for it - the office provider takes care of everything. In contrast, the upkeep of a traditional office could cause a significant financial strain on your business.

Private

Unlike a coworking space which tends to operate on a hotdesk basis, serviced offices give you a dedicated, private workspace. It means your company has its own office, allowing you to focus on your tasks without external interruptions or distractions.

Also, a good serviced office will come complete with an alarm system, private building access, and CCTV, to keep you and your staff safe.

Networking opportunities

Finally, using a serviced office can present you with networking opportunities. They are often based in shared buildings with several individual serviced offices, each being used by a different company.


See also: Benefits of hiring a meeting room for your business

See also: How to host effective meetings


You’ll also likely find communal areas like a kitchen, business lounge or meeting room. These settings are ideal for meeting other like-minded individuals, building relationships, and meeting other leaders. Not only are these connections beneficial for growing your company, but also for your personal development as an entrepreneur.

Business people meeting and networking at their serviced office communal workspace.

Conclusion

So, there you have the key benefits of using a serviced office. Businesses of all sizes can take advantage of the flexibility, affordability, efficiency and more that a serviced office has to offer.

Thanks for reading.

To book a tour of our modern, professional, and adaptable serviced offices get in touch with the 71-75 team and someone will get back to you as soon as possible.

Liam Dargan
Business Centre Manager
Liam Dargan is the Business Centre Manager at 71-75. With a background in finance and law, Liam has ten years' experience in sales, training, and operations management. Liam's core focus is building enduring client relationships through providing exceptional services and spearheading business development initiatives.
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