Why Serviced Offices Are Growing Globally?
In Dubai, businesses and entrepreneurs are provided with unique opportunities to succeed in the fast-growing market. There’s a way to conduct your business in the Emirate without having to lease on space for years. The solution – serviced offices.
What Are Serviced Offices?
For those starting a new business, the last thing you want to be doing is committing to a long lease on office space. Serviced offices are a great solution that can provide the flexibility that businesses need to adapt quickly to rapidly changing market conditions.
A serviced office is a fitted and furnished space in a professional business environment, ready for immediate occupation. It provides a wide range of business services, including telephone answering services, secretarial support, conference facilities, high-speed internet access, etc.
Serviced Offices in Dubai
The demand for serviced offices in Dubai is expected to increase between 2015 and 2020. From major corporations, right down to start-ups rent space. Serviced offices have become go-to solutions for many businesses from various industries.
Some organizations will still need brick-and-mortar locations at some point. An office space may be required when you meet up with clients, as well as hold training and education sessions. Serviced office providers are usually found in major city locations.
Serviced Offices as Leaner Alternative
A serviced office requires very little work from business owners. The serviced office company can handle all the necessary legal paperwork. All you have to do is set your requirements, move in and get to work. Here are other reasons why serviced offices are leaner alternatives.
Flexibility. The key feature of the serviced office is that it provides significant cost savings. There are providers that offer lease terms available on flexible month to month basis. It gives business owners peace of mind that when they need to.
They are free to expand and quickly up and down size. It means your business is not tied down to a long term contract. More so, you can pay for other facilities such as break-out areas and meeting rooms only when needed, resulting in substantial savings.
Location. When it comes to location, you can choose where you want to be, or even a virtual office address. The popular Austria Business Center can give you access to their 150 centers in over 60 locations around the world. It’s quite beneficial for those always on-the-go.
Cost savings. Serviced offices also makes billing headaches a thing of the past. Imagine getting only one, all-inclusive bill every month, which already covers your services rent, heating and office maintenance. This makes your finances easier to budget.
Efficiency. To keep your businesses’ workspace running, a professionally trained service team is assigned to cover basic office services. This may include reception services, IT support, virtual office assistant, cleaning and security. It gives your company that professional feel.
For instance, a reception staff is available to take calls, sort mail and greet visitors. It makes it easier for business owners to maintain a client facing, professional business image, without the additional costs of employing and training your own staff.
Reduced Risk for Owners
Because IT infrastructure, office equipment and other day-to-day administrative functions are managed by the serviced office provider, concerned operational risks are considerably reduced. By using serviced offices, owners are not tied down to a particular contract associated with owning an office.
With all these advantages taken into consideration, serviced office space may continue to be the fastest growing sector within the commercial property market. It’s a great cost-effective, flexible option for any start up business.