When is the right time to take your first Serviced Office?

When the home office is no longer practical and you need take on more staff, a serviced office is the logical next step for your business.  However, there are several options you could consider if cost is an issue and holding you back from expanding your business.

The benefits of home working are well documented but it’s also easy to see why lots of people find home working a challenge. With the television and the kitchen beckoning it’s easy to succumb to distractions. It’s also difficult to tune out to the usual family noise and maintain a closed door policy in the home that allows you to get on with work.

It’s fair to say the move to an office outside the home will add to your commute but it will allow your business to be seen in a whole new light. Just having a prestigious address creates a credible impression for future customers and clients, and gives you a great place to meet them.

Making Your Commute Longer

A great way to get started is to look at what location is right for you and how it impacts on the commute for you and your team.  We looked at Location in our blog “Office Location, Office Location, Office Location”.  So take a look at our location tips to make sure the decisions you make are the right ones.

What’s Available

These days there is a wide choice open to you when you make the bold leap out of your home office. Flexibility is now a popular feature with providers offering flexible short term agreements with many not requiring a deposit. This means your initial outlay can be quite low. With Serviced Offices the term “easy in and easy out” is often applied to demonstrate the relative flexibilty and speed to both get started and potentially move on later.

What to do first

We all use sites like Compare the Market, Go Compare or even Hotels.com to make choosing the product or service we need as easy as possible. Selecting the right office space should be no different. An independent workspace broker like us can provide impartial advice and a quick reference opportunity to shortlist the ideal locations for your business. That way you get to see the entire market in one place. We provide an easy search portal that works on any device and allows you to shortlist possible solutions.

Here are the options you could consider and a brief outline of each one:

Co-working

The recent explosion in Co-working places has been a great advantage to small business owners trapped in their home office but are not quite ready for a full-time office of their own.

So how do they work? Essentially, Co-working is a large communal workspace, usually well designed and very comfortable. They often provide access to meeting rooms and private offices and generally have a membership rate which can be added to for other services.

Each location has great Wi-Fi and the opportunity to network with like-minded business owners, which is a far cry from the isolation and domestic distractions home workers often experience.

We have put together several great Co-working options for you to give you an idea of what is available:

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Corsham Street, London N1 

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Westland Place, London N1

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Rivington Street, London, EC2A 

Virtual Offices

When is an office not an office? When it’s a virtual one! A Virtual Office is a quick and simple way to get a great business address and enhance your company’s profile without the cost outlay of a full-time office.

This option is ideal if you need to work on the move as it’s very easy to find a meeting room to use for important company meetings using our service.  A Virtual Office also allows you to control your initial outlay as set-up costs are significantly lower than a full-time office.

Here are some popular business addresses that provide virtual office solutions in the City of London:

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No1 Poultry, London, EC2R

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Royal Exchange, London, EC3V

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Lombard Street, London, EC3V

Serviced Offices

A serviced Office comes in all shapes and sizes and there are a lot of considerations to take in to account when you start your search. One of the best advantages of a Serviced Office is the flexibility they provide. You can literally move straight in and the space can grow with you. With low set-up costs and transparent terms, each location will provide outstanding internet connectivity that will be faster and more reliable than your home Wi-Fi.

With Location as perhaps the most important consideration, its vital you consider not just transport links. Your office should also be close to your clients. Earlier this year we also talked about the 20 best locations for office space which you can read here.

The sheer choice of options can be a little overwhelming even if you have a very specific search area. So keep in mind that our experienced team can guide you through this veritable minefield of options.

Here are some great examples of Serviced Offices which offer outstanding interiors, great service and an amazing first impression for your clients:

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Stratton Street, London, W1

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Colmore Circus, Queensway, Birmingham, B4

For a more detailed outline all you need to do is get in touch and talk to a member of our team. Simply call 020 3031 8563 or visit www.loc8commercial.com

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