4 ways to beat the credit crunch with serviced office space

Search Office Space, the original global officeneeded to downsize its operation, it could easily
broker, has decided to say it all about thedo so by simply requesting that they no longer
commercial office marketplace and itsneed desk space that they are not using. Once
opportunities during the credit crunch, to help UKthe short-term contract that they are working on
businesses fight back and keep it all togetheris over, the new contract that they sign will only
through the economic crisis.charge for office space used. This happens to be
Here are 4 ways in which serviced offices canone of the best reasons to use a serviced office.
help UK Businesses through the credit crunch: 1-3. Only one bill! - When businesses rent traditional
Short-term & Flexible rental contracts - Renting aoffice space through a credit crunch, they take
serviced office from business centre operatorsthe risk to have several bills falling through their
such as Regus, MWB, Avanta or any of theletterbox at once. Rent bills, water rates,
several independent UK serviced office spaceelectricity, internet and phone usage are usually an
firms allows companies to have their own officeadministrative nightmare.
space without being tied up in a long term andIn a serviced office there is usually only one bill.
rigid traditional lease.The business centre operators offer an all
SMEs and start-ups have the opportunity toinclusive package and bill you the same amount
operate in a professional environment and haveevery month.
the flexibility to take a short-term office rental4. Staffing and office furniture- Typically a small
deal over 3 months to 3-year.business cannot afford to have a secretary or
2. Upsize or downsize as you go along - Should aadmin assistant until it reaches more than 5
new small business, having started up recently,employees, so until then, phone handling duties are
need to increase staff numbers to meet demand,generally shared between the business owner and
it would be impossible with a traditional lease. Thisthe rest of the employees.
could force the company to scupper its growthWhen using a serviced office, a phone answering
plan.service is included in the contract so businesses
However, when using a flexible serviced office,benefit from a ready-made receptionist from the
businesses can easily request additional space withstart. A desk and chair for each employee is
the operator that would include no up-front costsprovided by the business centre operator, as well
and would allow them easily to add moreas photocopiers and stationery. All you generally
workstations to the office that they were locatedneed when moving in a serviced office space is a
in. This would mean that the new desk, internetcomputer for each employee.
connection and phones would be ready to goTo summarize, it is crucial to allow businesses to
straight away. When in a serviced office space,find out more about the serviced office industry
you only need to do your business, all the rest isand to understand just how it could come to the
taken care of.rescue for British companies during the credit
If a business working from a serviced office iscrunch.
particularly affected by the credit crunch and