Leased or serviced office space – which is the best fit for your business?

Virtual office

Your new venture might have first spread its wings in the comfort of your own home, but most start-ups need to fly the nest at some point.

Whilst sending emails from your sofa in your onesie undeniably has its charms, there comes a time when moving your business forward requires giving it its own four walls.

Moving into a proper office can make what you do seem a whole lot more real – but it’s a daunting move to make, and with more options available than ever before, it’s unsurprising that many small business owners make the wrong decisions, or delay the move from home entirely.

To help you choose the best route for your business, we compare the more traditional option of renting an office on a commercial lease and the serviced office option. We look at what each one gives you and highlight the benefits and drawbacks of both, so you can come to the right decision.
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Renting Business Premises – What to Watch Out for in a Commercial Lease

When you take on a commercial property, you probably have a lot of things to worry about that don’t directly relate to the property itself – business plans, securing funding, and so on.

However, that does not mean you should become complacent about your new premises as signing a long-term commercial lease is a major undertaking that could ultimately decide the success or failure of your entire enterprise. (more…)