
While traditional office spaces can provide freedom, they have various downfalls. For example, they usually require huge deposits and long-term contracts. New businesses often fail, so it’s important that you don’t jump the gun the sign a contract that could leave you in serious debt if something goes wrong.
Serviced offices provide a solution and I recently came across an excellent resource from Skyline Offices, their definitive guide to serviced offices in London tells you everything you could need to know about a serviced office. Below I have outlined three reasons why I believe they can be a better investment for your new business.1. You save money on upfront costs
2. You can get setup in a premium location
Projecting the right “image” is a crucial element of success. If you radiate an aura of professionalism within your sector, you’ll be seen as an expert within your field. Some property agencies will help you find a suitable location if you don’t know where to start. Never underestimate the power of image; there’s no better way to show people you mean business than through a prestigious address. Serviced offices are often located in areas of esteem, allowing you to get setup in a place that represents your particular industry. For example, if you run a financial firm and have a serviced office in Canary Wharf, you’ll automatically be ahead of your competition. Being in a location that represents your industry also provides greater networking opportunities if you want to expand your horizons and work with other businesses.3. You can accommodate expansion and contraction
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