Renting an office space for your business is usually a very taxing undertaking, especially when taking into account the exorbitant expenses associated with purchasing workstations, décor, furniture, brand-based components, and communication systems. Plus, many of these spaces lock you into a fixed term ranging from 3-5 years in length.
In an effort to avoid these long-term contracts and inflated set-up fees, many business owners are making the shift to serviced offices in Sydney since they provide flexible lease agreements as well as a host of other benefits. So if you’re interested in reserving a serviced office space in your vicinity, feel free to use this brief exposé as an introductory guide to understanding the advantages of such a decision.
Serviced office owners rent out spaces on a rolling basis, which means that you essentially pay a predictable fee for the exact services you’ve used during any given month. Although the rental prices tend to be higher due to the miniscule length of the actual lease agreements, you won’t have to worry about purchasing copiers, computers, or any other necessary implements since the spaces are always very well-appointed and ready-to-move-in. As a result, there is little to no downtime when making the shift to a serviced office, and you can resume operations very quickly following the move.
Serviced office spaces allow you to pay-as-you-go for the exact provisions you need on a daily basis, which is particularly helpful for businesses that feature ever-changing schedules and random client visits.
For instance, if you have an upcoming conference with an important client and find yourself in need of a viable assembly room, you can simply reserve a temporary space on a per-hour basis. Plus, some of the most reputable serviced offices also provide virtual assistants, spare office hires, boardroom hires, and many other “big business” resources in exchange for “small business” rates.
Maintenance Is Included
Standard office spaces usually force you to contract your own cleaning and upkeep services, whereas serviced offices maintain an in-house team of janitors, cleaners, and technicians to provide sanitation services on a daily basis. Such services are a huge money-saver in today’s day and age, especially since the average cost for office maintenance is roughly 14 pounds per square meter. Simply stated, these maintenance fees are included within your rental package and you’ll never have to pay extra just to have a clean, fresh-smelling space.
Test New Markets
The easy-to-cancel nature of the lease agreements allows you to outwardly compare and contrast various locations in terms of consumer density, product testing, and everyday foot traffic, which is particularly helpful for businesses that are expanding quickly or moving into new market niches in the near future. You can easily test out multiple serviced offices at the same time without exposing yourself to inordinate risks and extortionate set-up fees. As such, renting a serviced space is a great way to dip your toe in the water without committing to anything long-term.