For many years, traditional leased office spaces were the only real option for companies looking to establish or maintain a professional presence, other than purchasing a property outright, which would be prohibitively more costly for most businesses.
However, the way we work is changing, with serviced offices and business centres now providing a competitive alternative to traditional space, meaning modern businesses have more choice regarding their premises than ever before.
Serviced space isn’t just for small businesses either, with recent research indicating that 75% of the FTSE 100 have serviced space as part of their portfolio – and with a host of advantages to this type of workspace, it is easy to see why. Take a look below to see the benefits of a serviced office space and our top five reasons to opt for serviced spaces.
1. Cost Effective
The first benefit of a serviced office and one of the key advantages of choosing a serviced space lies in the cost-saving opportunities that it presents.
Removing the need to conduct building surveys or instruct conveyancers, serviced space negates the necessity of a large capital outlay before occupancy. Equally, with most serviced offices providing communal kitchens, washrooms, seating areas, meeting rooms and reception areas for the use of all residents, you will be able to take advantage of a great many facilities without having to pay for the extra space required to house them.
For more information on the facilities available at our serviced office spaces, contact our team today or book an in-person visit online now.
2. Cost Certainty
As well as saving money, serviced spaces give the added peace of mind that there will be no surprise invoices for incidentals. Any building repairs, maintenance, or utility bills are the responsibility of the serviced office provider, covering the associated costs.
Your licence fee will remain the same every month, allowing you to accurately calculate budgets and manage your cash flow.
3. Time Saving
The next benefit of a serviced office we are discussing is the time-saving you will gain, allowing you to focus on other important business decisions.
By having a centre management team taking care of the maintenance of the building, cleaning and other day-to-day administration tasks, your focus can remain firmly fixed on driving your business forward. Here at Arena, our on-site centre management teams also greet visitors, sort post and assist with a myriad of tasks to support you and your business – no task is too much trouble!
4. Flexible
A traditional leased space is typically very restrictive: once the lease is signed for the office, it is usually very difficult – if not impossible – to move out of the space and to a larger or smaller office if required.
Whereas serviced office spaces, with flexible contracts, allow you the freedom to upsize or downsize as necessary for your business. In the ever-changing world of modern business, this level of flexibility is extremely valuable.
5. Networking Opportunities
There will be multiple networking opportunities available to you when working within a place where plenty of thriving businesses work near each other, serviced offices are excellent places to network with like-minded individuals.
Many of our clients work with their neighbours on various projects and act as suppliers to each other – being based in the same centre makes it very easy to work collaboratively!
Here at Arena, we offer high-quality serviced office space for entrepreneurs, SMEs and larger corporations, with a series of centres located in prestigious locations across the South Coast of England and the M3 corridor – your perfect serviced office solution is just around the corner!
Join The Arena Community
Now we have discussed the benefits of a serviced office, hopefully, you’ll have more clarity on how Arena can help to boost your business and take your productivity to the next level.
We have a plethora of serviced offices across the South Coast, all of which are designed and built to industry-leading standards and will provide you with various opportunities to transform your business, motivate your employees, and build a legacy.
Are you interested in joining the Arena community? Do not hesitate to contact our helpful and friendly team today, or, to get a real feel for our workspaces, book an in-person visit to one of our locations online now.