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London business centre faq's

 

Is a business centre suitable for my business?

As the business centre market has evolved the options available to businesses have increased to such an extent that the majority of companies that are in need of offices should consider the serviced / managed office market when looking for new or additional premises.

There are three main reasons businesses will not generally consider virtual or managed buildings as a solution to their property needs - they are price, lack of control / identity and size. It is commonly believed that serviced offices provide an expensive property solution to business. This is not generally the case.

We specialise in finding our customers flexible office rental options throughout the world.

We will help you find the right solution to suit your business, whether you require business centres, serviced offices, executive suites, short-term office lettings or leases.

The perceived expense is generally because the majority of business are not used to seeing property costs presented in the way that business centre spaces price their product. Businesses generally set budgets in terms of a rental cost. This cost is derived by multiplying the price per square foot / meter by the total area required. This will give you a figure that is a PROPORTION of your total occupational cost, it does not include service charges, business rates, heating, electricity, building staff costs (facilities, receptionist, telephonist etc), capital expenditure such as furniture, switchboards, network cabling, security and so on. Whereas the price you pay with a business centre will include all of the above and will obviously be greater than the cost of just the rent - but still may well be cheaper when all of the additional costs have been accounted for.

It is true to say that there are very expensive business centre spaces as there are very expensive cars, hotels, houses and holidays. But as with all markets there is another end of the spectrum.

Many consumers have a perception that if they go into a business centre they will not be able to stamp their corporate identity onto the space. This is true in some buildings but in more of the managed buildings this is generally not an issue.

A common image of business centre spaces is that they offer small units that they can only accommodate a small number of people. Medium to Large enterprises sometimes are unaware that business centre spaces can provide them with a viable property solution.

Historically the business centre and managed office have appealed more to companies that:

Needed to move in the next three months.

Need a virtualble contract that allowed there your business to grow or contract.

Have needed the ability to change location at short notice.

Are you projecting a 20% plus increase or decrease in staff per annum.

That need to house any number of people for a short period of time.

Are setting up in a new market.

Want somebody else to worry about the facility management and running of the building leaving them free to focus on running their business.

Global Office Search have applicants waiting in East London

Aldgate East | Bethnal Green | Bow Road | Blackfriars | Clapton | East Ham | Forest Gate | Hackney Downs | Homerton | Leyton | Leytonstone | Manor Park | Plaistow | Poplar | Stratford | Victoria | Walthamstow | Woodford

Global Office Search have applicants waiting in East Central London

Farringdon | Liverpool Street | Tower Hill | Mansion House

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business centre faq's

 
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