Committing to a long lease period during an unstable period for the economy and for small businesses is a risk more and more business owners are deciding not to take. For SMEs, the costs associated with leasing and refurbishing their own offices are often prohibitive.
Serviced offices, where businesses have an executive suite within a large business unit, give business owners all the benefits of a modern and clean office environment, without all the management costs or initial outlay in furniture and fittings
Carrwood Park’s client list includes small and medium sized businesses from many different industries. We regularly speak to them to find out what their business needs are and ensure we continue to meet those needs in terms of the space and services we offer.
From talking to our clients, we know that they really appreciate the management of the spaces here at Carrwood Park, as it allows them the time to concentrate on growing their business. Here’s what our clients tell us is important to them when choosing serviced offices:
(1) Friendly Reception Staff
As tenants share reception services, business equipment and other office resources, serviced offices provide access to facilities that might otherwise cause a strain on finances. Our friendly reception staff are on hand throughout the day to welcome clients and provide administrative assistance.
(2) Lease Flexibility
By using a business centre such as Carrwood Park, companies benefit from short term rental or licence agreements. In contrast to the leasehold contracts offered by many standalone business units, short terms rental agreements allow small businesses flexibility without being tied down to a legally binding lengthy lease.
(3) Minimum Initial Outlay
Serviced offices vastly reduce set up costs for small and medium businesses. Refurbishing and fully furnishing a new office is hugely expensive, and many smaller businesses either do not have the required capital, or the office planning experience to manage an office refurbishment. Serviced offices allow businesses to simply move in without any upfront costs.
(4) Move in and Start Working
In addition to the minimum cost outlay, serviced offices allow businesses to simply move in and start work straight away. In contrast, setting up a new office can be a lengthy process, from finding the right location to agreeing the lease, through to decorating and furnishing, which all takes time.
(5) Maximised Operations
A managed business centre already has highly skilled administration, reception and cleaning staff, who are all trained to perform tasks on schedule and within budget. This allows you and your staff to concentrate on your core business – winning new clients, getting work done and developing your business – without losing any productivity to building management and operations.
If you want to find out more about the serviced offices at Carrwood Park, please give me a call. I am happy to share feedback from our existing clients about why they choose to bring their business to work here.