Choosing the right office space is crucial for any business. It is the physical manifestation of the brand and the environment in which employees work. When choosing office space, companies must decide whether to opt for a serviced or non-serviced office. Both options have their benefits and drawbacks, and the final decision will depend on the unique needs of your business. Below you can see some differences between serviced and non-serviced offices to help you decide what is best for your business.
What is a serviced office?
A serviced office, such as Watermoor Point, is a fully equipped office space that a third-party provider manages. These offices are often furnished, and the provider handles all the administrative tasks of running an office. These tasks include cleaning, maintenance, IT support, and anything else the office requires. Serviced offices are usually available on flexible lease terms, which can be monthly or sometimes weekly.
Benefits of a serviced office
One of the primary benefits of a serviced office is convenience. With a serviced office, businesses do not need to worry about the day-to-day management of the office space. It means they can focus on their core business activities without the added distractions of managing an office.
Another benefit of a serviced office is flexibility. With short-term leases available, businesses can scale up or down as their needs change. It can be particularly useful for companies experiencing rapid growth or downsizing.
Serviced offices are also ideal for businesses looking to establish a presence in a new location. Since the office is already fully equipped and managed by a third-party provider, companies can quickly set up and start operating without investing in office equipment and furniture.
Drawbacks of a serviced office
While serviced offices offer great convenience and flexibility, they can also be more expensive than non-serviced offices. It is because the cost of the additional services provided by the third-party provider is factored into the lease price.
Another potential drawback of serviced offices is a lack of customisation. Since the office is already fully equipped and furnished, businesses may not have much control over the design and layout of the space. It can be a problem for companies with specific branding requirements or need a space tailored to their unique needs.
What is a non-serviced office?
A non-serviced office is a traditional space where businesses rent and manage themselves. These offices are typically unfurnished and do not come with additional services such as cleaning and IT support. Companies are responsible for managing all aspects of the office, including maintenance and administrative tasks.
Benefits of a non-serviced office
One of the primary benefits of a non-serviced office is cost. Since businesses are responsible for managing the office space, the lease price is often lower than that of a serviced office.
Non-serviced offices also offer greater customisation. Since businesses are responsible for furnishing and managing the office space, they have greater control over the design and layout of the space.
Drawbacks of a non-serviced office
One of the biggest drawbacks of a non-serviced office is the added responsibility of managing the space. Businesses must take care of all aspects of the office, including cleaning, maintenance, and IT support.
Non-serviced offices also come with longer lease terms, meaning businesses must commit to a longer lease. A longer lease can sometimes be problematic if their needs change or they are experiencing rapid growth or downsizing.