For any new business starting out, looking for the right office space to rent can be tricky. It is unlikely as a new starter that you will be able to envisage how your venture will proceed. You may end up needing larger premises within just a few weeks or months, or you may have taken on more than you can handle and end up giving up altogether. Although this may sound a bit dismal, it is the harsh reality of the current market, and you need to provide yourself with the adequate safeguards should this happen to you.
If you’ve been looking at traditional leases for an office space to rent, you’ll have found that they include very long and restricted lease terms with little room for movement. If you suddenly find yourself overwhelmed with new orders or clients and don’t have the manpower to cope, it isn’t too difficult to hire new staff due to the high number of people out of work. However, if you don’t have anywhere for these extra staff to work, you’re likely to run into problems!
With serviced offices, you have the flexibility to expand and contract your company as necessary thanks to flexible leases. Leases in serviced offices are also usually much shorter than a traditional lease, giving you that peace of mind that you’re not going to be stuck with premises for years to come if things don’t work out the way you’ve planned. Small businesses that only need extra space once in a while, such as for entertaining clients or holding meetings, can benefit from additional shared meeting rooms that can be booked by the day, or even sometimes by the hour. This will save you a fortune in leasing an office that is too big for your everyday needs.
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