Serviced Offices: The Smart Choice for Small Businesses
This is why it is no longer surprising to witness how serviced workspaces have become the preferred office solution for many businesses in the UK. In fact, according to a report published in 2021, more than 18,000 tech businesses were introduced to London, leading to a significant increase in demand for flexible workspaces like serviced offices in the city.
If you own a small business and are considering moving into a new workspace, you’re in luck! Here’s an expert guide on the benefits of serviced offices to small businesses and some reminders to consider when renting one.
What is Serviced Office Space?
A serviced office space is a ready-to-use workspace solution. It is fully furnished and equipped with all the amenities and services necessary for your business operations. Some of the common inclusions in a serviced office space are the following;
- High-speed internet
- Meeting rooms
- Collaborative and outdoor areas
- Shared kitchen
- Business support services (e.g., reception services, mail handling, call forwarding, etc.)
Unlike traditional offices, serviced offices offer all-inclusive, cost-effective pricing plans. The leasing terms are flexible, enabling you to scale down or up whenever needed. Additionally, networking opportunities are more abundant in serviced offices than traditional ones.
Therefore, for small businesses, opting for a serviced office over a traditional one is a smart choice. With serviced offices, you eliminate the need to start from scratch and bypass the high upfront costs typically linked to renting traditional office spaces.
Impact of Serviced Offices on Small Businesses
Serviced offices have become the preferred choice for many small businesses in the UK. Yet they still wonder how serviced offices help small businesses. Let's examine their benefits by exploring how they cater to various small businesses.
Freelancers
Freelancers usually need a hot desk or short-term office to complete their work. Luckily, many serviced offices offer such flexible options! But the best thing these freelancers get is access to premium amenities in a serviced office space.
Wondering how serviced offices help small businesses like freelancers with such amenities? Take the example of a freelance writer needing to print a manuscript proposal. They can easily utilise shared printers within serviced spaces. These amenities fulfil their immediate work requirements, creating a professional environment conducive to their tasks.
Startups
Starting from scratch is like crossing an obstacle for many startups, especially in establishing their physical office space. However, serviced offices offer a cost-effective solution by offering all-inclusive pricing that alleviates the financial burden often associated with starting a business from scratch.
These spaces also grant immediate access to essential amenities, elevating startup work experience. Furthermore, serviced offices provide flexibility, allowing startups to seamlessly scale their operations—up or down—based on their evolving business needs, without the constraints of long-term commitments or extensive setup costs.
Continue reading to learn more about how serviced offices help small businesses. If you’re interested in discovering some of the best serviced offices in the UK, Office Hub can set you on the right track!
Micro-Businesses
For micro-businesses, such as smaller law firms owned by individuals, serviced offices offer invaluable business support services that streamline administrative tasks. This assistance allows these small operations to concentrate more on specialised roles, such as legal services, without the added burden of administrative complexities.
From reception services to mail handling, these support services within serviced offices free up time, enabling micro-businesses to allocate their efforts more efficiently toward their core expertise. Worried about the budget? Don’t be; serviced offices offer affordable, flexible payment plans that won’t strain your finances!
Digital Companies
This example may clarify your queries if you are still wondering how serviced offices help small businesses. Are you operating in a hybrid setup like most digital companies?
Serviced workspaces help such businesses by offering equipped meeting rooms for physical client meetings. With essential meeting amenities readily available, these spaces cater perfectly to the needs of digital companies for professional presentations.
Moreover, serviced offices provide a prestigious business address, a valuable asset for enhancing digital companies' business image and credibility in the eyes of clients and partners. It also comes with business contact numbers suitable for professional communications.
Small But Established Business
Serviced offices are the most cost-effective solution for small yet established businesses. These spaces offer all the amenities, services, and facilities required for daily operations.
However, the real answer to how serviced offices help small businesses like this lies in their ample networking and collaboration opportunities. Established businesses can leverage these environments to expand their network and foster collaborations, potentially opening doors to new business opportunities in various domains.
Interested in discovering more about how do serviced offices work? Explore our serviced office guide today to deepen your understanding of this workspace.
4 Things Small Businesses Need to Assess Before Renting a Serviced Offices
Now that you've explored how serviced offices help small businesses, it's time to delve into the key factors you should consider before renting one. Here are some of them:
- Quality: Before renting a serviced office space, check the quality of services, amenities, and facilities. Evaluating their quality ensures that the workspace features meet or exceed the expected standards. It also assures customers or tenants of a conducive, professional, and efficient working environment.
- Cost: Once you've assessed the quality of the workspace features, consider whether the cost aligns with the overall provided benefits of serviced offices. This evaluation guarantees that businesses get value that matches the money spent on office services. Additionally, check if it offers the most competitive pricing in the market to ensure optimal services at affordable rates.
- Location: Choosing a central, well-connected area greatly affects business costs and perceived image. It also shapes client perception and contributes to the company's brand reputation. Furthermore, a strategic location improves accessibility for clients and employees, increasing convenience and fostering potential collaboration opportunities.
- Flexibility: Lastly, check if the serviced office space offers flexible terms. Flexibility in an office space will allow you to scale up or down whenever your business requires. Moreover, it will help you avoid the burden of rigid, long-term commitments.
Explore Serviced Office Spaces in the UK Today!
Hopefully, this explainer is enough for you to understand better how serviced offices help small businesses in the UK. If you’re interested in exploring some of the best serviced offices in the region, Office Hub is here to give you a roster of the best options!
Reach out to our team today and tell us your business and goal needs. We can help you select the best serviced offices in the UK with top-notch amenities, high-calibre facilities, rich networks, and the most affordable rates! Once you’ve selected your desired workspace, we’ll notify your chosen provider for a tour!
Sounds easy and hassle-free, right? So, message us today and start redefining your work with the benefits of serviced offices!
