Renting an office in London is not easy. Real estate prices have gone through the roof, and most small businesses often find it difficult to secure a commercial space that falls within their budgets. The running costs of an office are considerably high. Apart from paying the rent for the property, the entrepreneur will also have to buy furniture and decorate the office properly. All of this can cost a considerable amount of money. In a tight economy, most small businesses often find it difficult to come up with this sort of money.
The initial capital required to set up an office is high. However, rather than going through all the trouble of renting a separate office space and then furnishing it, opting for a serviced office might be a great idea.
Serviced offices are fully furnished offices. They are often maintained and managed by third party companies that own properties in exclusive parts of London and other cities. These companies generally create offices depending upon the needs of their clients. For instance, there are a few small businesses that employ just a handful of people. They don’t need a lot of space to work, but do require uninterrupted access to the Internet. When you first approach a company that offers serviced offices on rent, they will ask you for your requirements. They will then calculate the rental and show you the spaces available. Companies such as BE Offices have become popular for their packages. These companies offer serviced offices in various parts of London, Wimbledon, Bristol, and other cities. Here are a few reasons why serviced offices are a good option.
An All-Inclusive Package
One of the reasons why you should consider renting a serviced office is because they offer an all-inclusive package. This way, you don’t have to worry about fluctuating utility bills or pointless expenditures. For instance, if something in the office stops working, all you have to do is call up the company and let them fix the issue. Because it’s an all-inclusive package, it will allow for a sense of predictability in the office environment. Your accounts department can simply write down the rental costs as a monthly expense for the year, making it easy for you to calculate your yearly expenditure.
No Initial Costs
If you were to set up an office in London, it would cost you a considerable amount of money. Apart from putting the down payment on a commercial place, you will also have to pay a considerable amount of money for buying the furniture and the tech equipment needed to get the office up and running. However, if you are renting a serviced office, you will get everything in working order right off the bat. All you have to do is move in and start working. It’s a great option for businesspeople that don’t want to pay a lot of money for expanding their operations in big cities such as London.