When we are talking about sharing business space we mean that it is a fully functional and furnished business space which has all the necessary equipment and furnishing materials, needed to make a business place functional and a perfect working environment. An entrepreneur who no longer wishes to continue work from home can easily use such business. Businesses that need to open their branch office can easily use such space. Such business spaces are also called executive suites or business centers. Such business space is already equipped with internet, telephone and mail services.
Some of the office rentals also come with fax machines, furniture, copiers and audio visual equipment. Such business facilities sometimes also provide receptionist services. Therefore, the occupants need not worry about any of the business equipment and simply start off from the very first day.
These serviced offices not only provide the occupant with necessary equipment and furnishings, but also have lower rents than other traditional business space. The leases for such business centers are often for six months to twelve months with some even offering for three months. With traditional business spaces you cannot expect to lease it for three months or even six months as they are always up for rent for a fixed term or tenure which is usually more than a year.
What you should consider before renting?
When looking for such business centers or office suites or deciding to rent one, you must first consider the amenities it is coming with, the space or location and the cost per month. You should also take a look at the lease terms and conditions before going for it. Such business centers can have a single cubicle to a conference room. The first thing you should consider is the space you are taking and how you will use it in a week. Whether you are using it daily or for a few days, if it is for everyday use, then it is better to opt for a regular or the traditional business space.
How to save cost on space and staff?
For people who meet their clients occasionally and need a space for occasional meetings and conference, they must go for such business centers or the conference rooms. If you do not meet your clients regularly, but need a space for working for a few days, you can easily rent a single cubicle for working. The cost of such business centers depends upon the area you rent. Thus, renting a cubicle will come cheap when compared to renting an entire business space with a door whose keys are with you when you are not there. Renting a space with a receptionist facility will help your business function smoothly as calls and messages can be transferred to you in your absence and can also save you the expense of a full time staff.