The serviced office model provides many advantages for start-up and small businesses our top five are listed below:
For small businesses and those starting out, securing traditional leased office space can be costly and requires long term commitment from the outset. Serviced office space offers flexibility in terms of contract length, a commercial lease may require a 3-4 year contract in contrast to a serviced office provider who can offer a 12 month contract that can include breaks at as little as three months.
Some of the key benefits of serviced offices are often overlooked, with LEO, internet connectivity and telephony overheads are included in the monthly fee. The fully transparent monthly fee also includes furniture, fully stocked kitchen and shower facilities, breakout areas cleaning and maintenance. Offices are ready to use avoiding downtime on installations and setups.
As part of your serviced office you will have a trained receptionist during working hours providing call answering services in your company name. Most serviced office providers also offer in-house administrative support, for a small business this comes provides an ‘extra pair of hands’ and could potentially avoid additional admin overheads.
The option to hire out meetings on an hour, half day or full day basis is advantageous especially for those in the initial start-up phase. In addition to meeting rooms, many buildings also benefit from lounge or breakout spaces where you could hold small informal meetings or spend time away from your desk at no extra cost.
The office space you occupy is aligned to your business growth plan with extra desks and meeting space available as and when you need them and not before. LEO understands that for a start-up business or a fast-growing company, headcount may change rapidly so flexibility is key, customers have the freedom to expand at any point to meet their business needs.