A serviced office for rent is basically an office space that has been furnished by the proprietor, who then leases it out to other parties. They sometimes are referred to as ‘executive suites’ or ‘executive spaces’. When looking to move offices, one might decide to take a leap of faith and go for a serviced office space instead of the traditional free space that is decorated once one moves in. This trend is gaining momentum as prospective clients are jostling for serviced office for rent.

Aside from being quite affordable and coming in various shapes and designs, they also offer the convenience of choosing just what is ideal for a company. These office spaces are ideal for start-up businesses and SMEs looking for office space without necessarily having to make long term financial commitments. Serviced offices for rent also make ideal tentative bases for companies in the process of relocating and are looking for temporal office space. International companies looking to test the waters may also initially dock in such premises as they try to read the signs in the market. Serviced offices to rent may also be superb for project based companies like film production houses, companies looking for periodic customer interface or a training program looking to wrap up their business in a short while.

Serviced office space offer the best deal since they boast of top notch services as opposed to a company starting out from scratch on its own. Readily available infrastructure is mostly already in place from reception services, IT support and maintenance, office furniture, electricity, to Internet and telecom connectivity amongst others are already in place. This increases the convenience of setting up a company. This coupled with flexible tenancy period with an option to extend makes serviced office for rent a very attractive venture since most of their addresses are in the CBD of a the city. The prestige associated with the posh address also makes it easy to impress customers.

While looking for serviced office to rent, one should keep it in mind that these offices are leased at quite a high cost compared to traditional offices. This is due to the availability of the afore-mentioned facilities. Working from such an address may lead to a company being viewed as highly unstable or small-minded, for leasing such temporal quarters. Access to facilities may also not be guaranteed at all times since most of them are communal.

Alvin Ang writes for apbc Offices, a leading Singapore serviced office and virtual office provider in Malaysia.

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