With the budding trend of the sharing economy, many companies are considering to move from the traditional office space to a serviced office which provides higher flexibility and reduce fixed operational cost. In this blog, we will dive deeper into the topic of Serviced Office and share a list of things worth considering when you are renting a Serviced Office.
What is a serviced office?
A serviced office is an equipped private office space that runs by the operator. Serviced office clients usually enjoy access to a private and furnished office space with flexible terms. Unlike traditional office spaces, a serviced office includes a professional team of receptionists and shared facility (e.g. break-out areas, lounge, kitchen and meeting rooms, etc.). With a serviced office, tenants no longer need to worry about office maintenance, furnishing or equipment installation.
Serviced offices usually come with flexible terms using a pay-as-you-use model on a “per desk” basis. This allows tenants to scale up and down as they need to according to their headcount which makes Serviced Offices the perfect solution for businesses that wish to reduce fixed operational cost and capital expenditure.
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