Why Small Businesses Don’t Need Business Premises : In the modern era, every business, except the small shops dealing in trading of the commodities of day-to-day use or cottage sector units manufacturing the products with the family members engaged, needs some office space to keep the essential documents safe, account books and meeting with the customers for negotiations etc. Those business houses which have proper office space flourish more quickly than those business activities which are run from home.
No doubt, an elegant office space adds to the professional image of the entrepreneurs, provides easy access by the customers and smooth dealings with them, proper keeping of the essential documents, freedom from home distractions, regularity, and ensures enhanced interaction with the clients and exploring new avenues of earning. In course of time, the office space develops a team mentality and helps in long time planning.
However, having an office, nowadays, means handsome capital expenditure in organizing office infrastructure like furniture & fixtures, electrical fittings, electronic types of equipment like computers, printers, communications and net facilities etc. Not only capital expenses, but office maintenance is also a costly affair as the entrepreneur may have to arrange for the welcome of the customers like tea/coffee/cold drinks and snacks and staff for serving, operators of the computers, dusting and sweeping and consumption of electricity etc.
In other words, maintaining a full-fledged office means initially, a lot of capital investment and then, regular maintenance expenses. The financial implications on both heads become troublesome not only for aspiring entrepreneurs and small businesses. As an alternative to the heavy spending on organizing an office, a serviced office should be opted for.
A Serviced Office
A serviced office is an alternative to a traditional office the business houses have so far been maintaining. It is gaining popularity almost in all parts of the world. A Serviced office provides the business houses with all the facilities that a modern office must have, against nominal monthly expenses. For example, serviced offices are well equipped with furniture like office/executive tables, chairs, counters etc They have many types of office equipment with WiFi facilities so that if a business firm intends to take the services of a serviced office, it can start the business immediately.
Generally, a Serviced office is understood to be a cabin office having a size of 36 sq. ft (6X6) or a little bigger but now these are available in many sizes. It depends upon the business requirement and can be enhanced as the business requirements go up. A single/double size serviced office to an entire floor can be taken up.
A serviced office is also called an executive office, administrative office or business centre. Maintaining a Serviced Office has many benefits like
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The Flexibility Of Time And Space.
Whenever a serviced office is chosen, the business house can decide if the office space is required for a day, week, fortnight or month (s). How much space would be required today keeping in view the estimated arrival of the customers after some time, the space size required can be enhanced/reduced as per the requirement.
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Cost-effective
The business house is required to pay for the space and time for which it requires the service office and can access all the facilities which a Service Office Centre provides.
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No Gestation Period
A business house can start working after taking up Serviced office without any delay. It is quick and accessible. They may have not to worry about finding a place, buying or paying rent while they have to wait for it to be furnished and filled with equipment. Instead, they may sign the agreement and put the staff next day to work. As such, there is no gestation period for furnishing etc.
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Catering Services
Many serviced offices provide useful facilities, like a kitchen, lunch area, cleaning service and a fully staffed reception. These services can be included in the rental or can be availed with add-on payments.
Conclusion
Since there are many benefits of taking a serviced office, small business houses must prefer the serviced office for their convenience, flexibility and professional-looking workspace. It’s cost-effective, and no-time-consuming for starting as well as giving up the space to shift to a more convenient space. A small business house must prefer a serviced office.
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