What do Serviced Offices have to offer? Enjoy low startup costs, beautiful views, and an awesome location. Are Serviced Offices right for you and your organization?
What is a Serviced Office?
A serviced office is simply office space that comes furnished. Usually, these spaces include utilities and the other amenities that go with managing an office. Many of these spaces are equipped with support staff and IT services that can assist your business on daily basis.
The benefits to the business are numerous, but of the many, businesses save money and time. Businesses save money because all of the bills associated with leasing the space are paid with the rent at the end of the month, and the amount is much less in compared with traditional office leases. Businesses also save time because there is little downtime when moving or relocating to a new office. Essentially, those who lease with a serviced office provider only need arrange with a leasing agent to have the office fit out and the company takes care of most of the logistics.
What Do Serviced Offices Have to Offer?
The serviced office redefines “all-inclusive”. While your office in Malaysia might not be a place where you can get your suntan on, you can get a lot of work done because everything is made more efficient. Furthermore, the serviced office can be a solution for your business, whether it is large or small.
Some of the perks are that you get to manage your office from one of the skyscrapers in the most beautiful skyline in the world. Furthermore, many of these offices come equipped with the latest technologies and support. Details are available at ServCorp.com.my to see the various locations in Kuala Lumpur for Servcorp, a popular serviced office provider.
What are Some Serviced Office Benefits?
The benefits of the serviced office are that they are much more inexpensive than other office leases, but they also allow businesses to be centrally located, which would be expensive. Your business gets the benefit of being located in the middle of premium commercial real estate and benefits from the professional image that goes along with being in an affluent business district. Finally, if new to Malaysia or Kuala Lumpur, you avoid the hassle of trying to find affordable, appropriate office space.
Another great benefit is the leasing terms tend to be more flexible. With traditional office leasing, their leasing agreements are more protracted and require committing to at least a year. With the serviced office agreement, many of them are month-to-month, and so these short leasing terms allow for more flexibility. Initial start-up costs tend to less expensive as well, as renters only need come up with first month’s deposit and first month’s rent.
And the Drawbacks?
One of the major drawbacks is that the lease can get very expensive if your office size is large, especially if you are not charged a fixed cost for office supplies. In this case, it might be better to explore other options, in addition to the conventional leasing. However, you would simply need to review your lease to see what services are included and which are not.
The other major drawback is that, while you can carve out any brand, the serviced office prevents you from adding personal touches to your office. Because the offices are all fully-furnished, you do not have the opportunity to decorate your place to create a sense that your brand is closely aligned with your business. However, developing a brand identity encompasses more than office space, and in many cases, even this weakness can be overcome.
The Serviced Office at Your Service
Simply put, the serviced office makes it easier to for businesses to go about the business of business. When moving or relocating, there is very little downtime, and you avoid having to orchestrate a move. Finally, your serviced office in Kuala Lumpur can fit out you out with some pretty fancy digs.
Have you worked at a Service Office or are considering to do so?
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