Serviced offices, commonly known as managed offices, business centres, and executive suites, refer to an office or an office building offering fully-equipped office facilities and is managed by a service facility management company which allows businesses from start-ups to Small and Medium-Scale Enterprises, to large scale companies to rent office spaces suitable and customizable on their need. Naturally, a serviced office is set up to allow small to large office sizes to cater to as few as one person up to 20 persons in one room.
This modern-day approach to office spaces provides a complete business solution, which have considerable appeal to small firms and start-ups. However, with serviced offices’ complete and equipped offices, most service provides also offer business support services that is considerably favorable for even large-scale companies. With minimal to no capital investment required in leasing an office space, businessmen can enjoy immediate access to fully furnished and well-equipped office facility without having to lose time and lose focus on the other and more important matter in their businesses.
Comparing the cost you can cut with getting a serviced office from getting a traditional office differs. It really depends on a lot factors, such as location, building facilities, and amenities, inclusions of the rental, etc., Getting a traditional office space may be less expensive than serviced office but traditional office spaces mostly just include a bare space, and that’s it. Additional expenses you would have to consider with this are building dues, electricity, office space set-up, IT set-up, office furniture, telephone lines, office space interiors, etc., In a way, serviced office spaces are offered in a more expensive price because it includes all of these things already. Most of all, serviced office spaces buy you more time for your business. Thus, giving you the capacity to focus on the more important matters to keep your business running smoothly.
A Virtual office is a term coined referring to work environments that deliver results through the web, telephone and other technologies. A virtual office is a substitute for the traditional workspace through working off Web-based IT services, and phone calls. Virtual offices operate without an actual physical office space; all operations (whether internal or external business processes and communication) are performed with the help of the Internet and phone lines. It requires employee/s to work remotely and perform daily office tasks with the use of software and application tools dependent on the Internet. Most virtual offices offer business address for use and secretarial support.
Although a virtual office is not a universal solution to every business, there are many good reasons why it makes sense to consider getting one. For start-ups, the little the capital you would have to let out, the better. This is because you are still starting and testing the waters. Getting a virtual office gets you going with the main and most important business operations and gives you the advantage of having a prestigious and premium business address to present to your clients and business prospects. Even with SMEs, a virtual office helps lessen a business’ overhead cost by not requiring your small group of workers to go to the office and actually pay for the physical space. When it comes to large-scale businesses, branching out internationally can be one of your goals. When testing the waters in a totally different market, a virtual office is the best panacea.
Yes, you can. In fact, CEO SUITE welcomes upgrades and downgrades of your availed package. The really great thing about CEO SUITE is that you can customize everything in accordance to your requirement that most service providers do not offer.
Also known as Co-Working space, a Shared Office space refers to fully equipped and fully furnished offices that are ready for use and perfect for entrepreneurs & freelancers who doesn’t want to work from home, and/or branch office/s. Shared offices usually provide facilities likes mail handling, telephone and internet ready lines and support. Mostly, shared offices are offered in a much lesser rent price compared to traditional working spaces.