Working from home desk is comforting with no commute and no rents to pay. Besides, there is no headache of work clothes; you can stay cool and easy in your sweatpants. In spite of superior convenience and assumed reduced investment, running business from home is not a smart choice always. It is undeniably coupled with too many distractions and zoning regulations. The worst part is, the line between personal life and work life gets blurred. Because it would be rude when a long seen relative comes home uninvited and you are busy doing business procedures. At times, you simply cannot avoid a neighbor stopping by just to say hello. Thus, setting up your startup or small business in a residential place has its plusses and minuses.

Serviced Office Space Statistics

The pinching pain in the neck for any startup owner, while thinking of owning an office space, is the operating cost. Caring for infrastructure and the related maintenance is not an easy job. Not just skill, it also demands additional labour for a smooth functioning of office. However, with the advent of Serviced Offices that promote new style of collaborative working called CO-WORKING, home offices have become thing of the past.

Serviced offices, also called plug and play offices, are dedicated business spaces that have winning advantage over home offices. They provide an enriching professional environment that boosts the individuals’ productivity.

These so called co-working places or customised workspaces are generally vibrant, fun and motivating. They encourage a greater networking that creates multiple opportunities for employees, employers, freelance professionals, etc. It cannot be denied that beautiful interiors, spacious workspaces, vibrant ambience, appealing amenities along with company of enthusiastic and like-minded people, push an individual to work smarter and harder.

To add to the point, the above mentioned bonuses are exactly what a serviced office space provider offers in addition to private offices, co-working spaces, virtual offices, executive boardrooms, professional services, etc. Having said that, the three most important and big benefits of serviced offices over home offices include:

    1. Easy Networking – Conventional office and office setup at home confines you with no access to amazing opportunities to learn and explore that come by meeting people from diverse fields. Co-working places, in contrast, have varied establishments under single roof, offering a seamless and healthy environment to network, discuss, exchange ideas and grow personally and professionally in a mutual way. This benefit of collaborative work culture cannot be reaped while running a business from your residence. In addition, research shows that such a supportive working environment helps one become more creative and innovative. Thus, leading to new contacts, increased leads and eventually a better business performance.
    1. Less Overhead Costs – Running a home office is an expensive option in contrast to what many think. Agreed that there are no hassles of paying rent each month. However, the costs of basic business facilities such as, high connectivity WiFi, anytime printer access, superior power backup, modern infrastructure, regular office maintenance and professional services outweigh the limited perks that a home office can offer. Besides, most of the serviced offices are reasonably priced and come with flexible leasing. You can opt a term anywhere between an hour and a year or beyond, as per your business requirement. Thus, the running costs are low with utility charges being shared between all other occupants at business center.
  1. Prime Postal Address – A great address for your office means a premium business face. A right corporate address can create an impressive brand identity in the business world and such a privilege cannot be enjoyed having your address of residence even for business communication. Many business centers, providing plug and play office spaces, are strategically placed in prime business locations. Thus, you can easily rent the required office space and have the benefit of brand reputation at no extra costs.

Freelancers or companies of any size can now have a full-fledged customised office spaces and stay in profits all the time with minimum investment. Serviced offices provide everything you could possibly need to run your business in harmony with zero distractions and achieve success in a shortest time possible. Check out the inspiring yet cheap workplace alternatives before transforming your home into a business space or opting for a permanent office space.

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