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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How to Find a Serviced Office to Suit Your Business

serviced office for small business

If your new business needs staff straight away, then you may find choosing the right office space difficult.

In this guide, we look at the benefits a serviced office could provide and give some tips on things to watch out for when you’re trying to find a serviced office.
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How to find the perfect business premises

Of all the things you need to deal with when you start your business, two areas are particularly scary and will give you most hassle: recruitment and finding premises.

Get either of these wrong and you are facing big bills and a load of work to overcome early in the life of your new venture. Get them right, and you’ll wonder what all the fuss is about!
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Pitfalls you need to avoid when getting new business premises

If you’re about to launch your new business and need premises, or have started up successfully at home and now need space to expand, this is an exciting time!

Moving into an office or retail premises for the first time says something about a business. It can make your operation seem more “real”, meaning your dreams are actually happening.

But getting business premises brings a whole new set of pitfalls that you have to watch out for. You shouldn’t allow these to put you off; but you do need to be aware of these potential dangers so that they don’t sour the experience and hamper the growth of your new venture. (more…)

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…)