Serviced Office

A serviced office is an office that is fully equipped and managed by a facility management company, which then rents individual offices or floors to other companies. Serviced offices, which are also referred to as managed offices, business centers, or executive centers, are usually found in the business districts of large cities around the world.

The concept of a serviced office came into existence in the 1980's in major US cities. Evolving from call centers for traveling salesmen. Companies offering serviced offices are very flexible in terms of rental terms compared to a traditional leased office which may require furnishing, equipment and any other equipment. Serviced offices do not require long term commitment and additional office space can be provided at short notice. This is one of many reasons why serviced offices are popular amongst newer and smaller businesses and small scale representatives of large companies. Serviced offices allow customers to share state of the art business technologies and other resources. They offer reduced costs and access to equipment which may otherwise be unaffordable. The facilities generally include security, reception and mail support. There may also be additional facilities such as conference rooms, meeting rooms and services such as secretarial support. These services tend to be available on a pay-per-use basis.

Clients of serviced offices fall into different categories such as small businesses, local businesses and rapidly expanding businesses. All of which may require short term serviced office rental for developing and expanding the profile of their company. Facilities and services typically include full time security, insurance, heating, air conditioning, telephone, IT technologies, high speed internet access, comfortable furniture and canteen services. Serviced offices offer low startup costs, prestigious mailing addresses, flexible leasing, better maintenance and immediate availability of offices.

With a serviced office you can expand your business quickly without having to make too many financial commitments. If you're looking to hire a temporary office, serviced offices are the best option as you will not have set up anything up. All is done already. This is a fantastic benefit of hiring a serviced office.

A serviced office allows you to manage your costs up front, without draining your bank balance. In traditional offices you have to pay for each separate utility which can add up to a fair amount. But with a serviced office everything is included in the price. This allows for easier bookkeeping and reduces the headaches associated with running a full time office. There are many different things associated with setting up an office from scratch. It is easy to loose track of it all and you could possibly go over budget.

Serviced offices provide an all inclusive business environment for new and expanding companies. They help those who battle to make an impact on the markets and enhance their profile. Serviced offices provide various services to help you manage day-to-day activities to allow companies to concentrate on more important business matters. Above all, the benefits of serviced offices come at a very reasonable price.

With the ever growing popularity of serviced offices, many providers are emerging and setting up specialized business centers around the world for to help up and coming business enhance their business efficiently and improve their profile.