... > Archive :: Old Threads :: > Serviced office space

Serviced office space - Posted By matthewgarcia (matthewgarcia) on 21st Feb 23 at 10:20am
A serviced office space is an office that is provided and equipped by a facility management company. The services offered may vary by provider but generally include specialized office space (conference rooms, workspaces, etc.), utilities, IT infrastructure and various office equipment.

In general, serviced offices aim to provide all necessary business facilities in one bundle and in a ready-to-use state, eliminating the need for preparation and set-up procedures. Depending on the provider, a serviced office can be rented at different payment and equipment conditions:

Facilities and equipment can be rented together for a fixed payment that covers most of the facilities and services, or each item can be rented separately, giving more flexible pricing policy
All of the equipment can be leased to a single company for the exclusive use of the company's employees, or it can be used in a common space shared by other companies renting serviced office space in the same business center

Serviced office advantages
Serviced office advantages are numerous and can be roughly divided into the following categories:

Convenience;
Business presence
Economic substance

Convenience
One of the most immediate benefits of a serviced office is its convenience. For a fixed payment, a company can purchase a ready-to-use workstation and often the equipment that requires no special maintenance. This is an effective time management measure as no time is wasted setting up the office. In addition, the maintenance costs for the company can be significantly reduced, since the price of renting a serviced office is most often lower than the price of buying all the equipment and setting up an office from scratch. It is also advantageous for companies with smaller budgets that otherwise could not afford both the space and the equipment.

Flexible rental models allow for even more savings, as devices can be rented irregularly or together with other companies, which lowers the price per use and reduces maintenance costs in the long term. This also makes it possible not to worry about potential emergencies when a particular facility is urgently needed but would not be immediately available without renting a serviced office.

In summary, the comfort of a serviced office space generally comes from the fact that its maintenance is carried out by a specialized facilities management company, reducing costs and eliminating the need to track the maintenance process.

Business Presence
Business presence is an important part of corporate branding, and a well-appointed office space can enhance its capabilities. Such offices are often located in renowned business centers, which gives additional credibility to the companies located there. In addition, a serviced office is an easy and quick way to establish a business presence in a new location. It enables faster market entry, which can be crucial in intense competition. Although indirect, this benefit can prove particularly useful in the early stages of business development.

https://www.confiduss.com/en/services/corporate/support/serviced-office/