The terms business center and co-working space have been used interchangeably for quite some time now. However, the former has taken the commercial real estate sector by storm. Business centers, also referred to as serviced offices, have become the choice of small established and large businesses alike. These have become more momentous now than ever.

Let’s dive into the rudiments of serviced offices. A serviced office or an executive office is a furnished plug-and-play office space which is usually located in a building managed by an operator and are more compartmentalized than the average coworking space. Typically, these spaces are broken up into individual ‘cubicle style’ desks, or private offices for individuals or teams where the common facilities such as a reception area are shared. It is a customisable space that your team members make their own and it comes with the benefits of a coworking space.

Why should you choose serviced offices? Well, they come with all the benefits of a coworking space and traditional office space amalgamated into one. They give your company certain flexibility and unburden you from simple tasks such as arranging a fast internet connection or regular cleaning of the workspace. Apart from the daily cleaning services, nowadays, the prophylactic measures such as frequent sanitisation of the premises, are also administered by the operator. Hence, the safety of your team would not add to the workload stress.

Here are some of the perks of moving your team to a serviced office, the first of which would be taking your team members off of the never-ending chores, if they are working from home.

Widely located: Typically, executive offices are located in the business areas of all major cities as well as small cities making them easily accessible.

Lower costs: The traditional office rentals and leases can be financially burdensome for the business which can be avoided by switching to executive offices.

Convenient: One particular advantage of serviced offices is the ease of setting up and settling in as most of the facilities are already in place.

Shorter lease: Unlike the traditional office leases, serviced offices don’t require long lock-in periods of 3 or 6 years.

Maintenance: The common area maintenance including the kitchenette and reception is generally taken care of by the operator.

Administrative support: From staffed reception to high speed internet support, business centres already have key requirements sorted.

In the face of this pandemic when corporates are uncertain about the future expansion plans of the business as well as the effectiveness of working from home, it is best to choose for a short-term solution at a serviced office. This gives time to make the most favorable and profitable decision. Considering all aspects, we can say that serviced offices are an excellent space option. Whether you are a start-up with a team of ten or a large corporation with a hundred employees, serviced offices have a lot to offer you.