So you’ve decided to start your own business? One of the first things you now need to do is find business premises. For newly formed companies, having large up front capital for owning or leasing an office can be very difficult to obtain. Not only this, it is often unsuitable due to the initial small number of staff, the inflexibility of a lease / mortgage as well as general uncertainty about what the future holds e/g how much the company will grow in the first 2 -3 years.
This is why 99% start up businesses opt for serviced office space, as all you need to move in is a deposit (one months’ rent). You sign a flexible license agreement as opposed to a legally binding lease, and can rent on a month-by-month basis – meaning there is no long term commitment to be made. As well as this all monthly bills* are included in the rental cost – you just make one payment to the business centre! The following are included…
-Utility Costs (Electric/Water)
Not only this, is means you can enjoy a prestigious city centre address / location at an affordable price.
To find out how much a serviced office costs in your local area please use this tool below..