A Handy Guide to Choosing the Best Managed Office Space for Your Business
While many of these offices can be found throughout the UK, we need to consider the following question: how to choose a serviced office that will perfectly fit your business needs?
Selecting the perfect office space is a pivotal decision that can significantly impact your business's productivity and success. Here’s a guide designed by experts that can provide you with valuable insights, step-by-step instructions, and valuable tips to help you navigate the process of finding the ideal managed space in the UK.
What is a Managed Office Space?
A managed office space, also known as a serviced office, is a fully-equipped and ready-to-use workspace solution. As the name suggests, maintenance, office management, utilities, and other services are managed by a third-party provider. These benefits of serviced offices attract multiple businesses each year, especially those seeking to strike a perfect balance between work and personal life.
With the revolution that serviced offices can bring to our work models, it is necessary that we get one that really suits our business needs and goals. Keep reading to discover how to choose a serviced office for your business.
How to Choose a Serviced Office
A careful assessment of your managed office space selection is crucial, as it ensures that you meet your budget and fulfill spatial requirements. Here is a step-by-step guide that can lead you throughout the leasing process:
Step 1: Figure Out Your Office Space Requirements
Start by evaluating your team size, the nature of work, and features of serviced offices you need for work. Also consider some specific departmental needs like private offices, meeting rooms, and collaborative spaces.
Plan for flexibility to adapt to changing business needs. This might include a shorter lease term or scalable office space solutions.
Once you have an estimate of your managed office space requirements, consider your budget. Ensure that the investment is not going to lead to any financial burden. Finally, you can decide to set up a mock office layout to see if it meets your requirements and work needs.
Step 2: Determine Your Preferred Locations
Wherever you plan to work in the UK, always choose a central location for your managed office space. You may contact a real estate agent, explore office space platforms, and browse online real estate listings to help you find the location that suits your needs.
The location of your business can significantly impact your success trajectory. Therefore, choosing the right location is very important. Here are some key factors to consider when evaluating office locations:
- Accessibility to Transportation
- Proximity to Clients
- Nearby Amenities (e.g., restaurants, cafes, bars, etc.)
- Safety and Security
- Business Competition
Step 3: Outline Your Budget Considerations
When outlining your budget considerations for a managed office space, it’s necessary to carefully plan your financial resources to avoid any problem in the future. Start by setting up the maximum amount that you’re willing to allocate for the workspace.
Once it’s done, break down the costs. This includes the rental fee or membership plan, fit-out costs, operational costs, maintenance and repairs, insurance, security costs, legal and administrative fees (if applicable), and miscellaneous expenses. To avoid any hidden costs, carefully read the leasing terms and agreement.
Moreover, some workspace providers offer customization of workspaces. This is perfect for those who want to meticulously tailor their brand to reflect their company’s identity. Please note that customized features of serviced offices may add on cost.
Step 4: Comparing Serviced Office Providers
Research and shortlist managed office space providers that fit your workspace qualifications. Browse their websites and social media accounts to check the reviews and testimonials from both previous and existing clients. This will help you get non-advertised, first-hand workspace experience that can help you make an informed decision.
Some of the notable serviced office providers in the UK include Regus, The Argyll Club, Huckletree, The Office Group, and Workspace Group. You can also browse our user-friendly platform to discover more of these serviced office space providers in the UK.
Key Takeaways
Finding the right managed office space is a crucial decision that can impact your business operation. By carefully assessing your specific needs, thoroughly comparing options, and considering factors such as location, pricing, amenities, and lease terms, you can make an informed choice that aligns with your business goals and budget.
If you're looking for a hassle-free way to discover exceptional serviced office spaces, Office Hub is here to help. We understand the complexities of the office space market, and we thoroughly vet all our service providers.
Simply reach out to us with your requirements, and our experienced representatives will connect you to the finest serviced office solutions in your area. Let us simplify your search for the ideal workspace, so you can focus on growing your business.
