Serviced offices offer a number of advantages and convenience to tenants, especially for startup entrepreneurs who are looking for affordable but flexible working space solutions that can cater to their distinct needs.
However, selecting a serviced office for your business is also critical. You need to take into consideration a number of factors to know whether the facility would be right for your business or industry. If you are in the process of scouting for a serviced office in Dubai, here are some things that you need to consider:
- Type of serviced office
There are two types of serviced office: the co-working space and the private serviced office. A co-working space is a type of serviced office space where you will be renting or leasing with other businesses and individuals. With this office arrangement, you will only pay for what you need and this set-up offers that most flexible terms with leasing. A private serviced office, on the other hand, is renting the space solely with amenities provided.
Based on the definition, you need to determine which of the two office setups would answer your needs. If you have a whole team to house, it would be best to get a private serviced office.
The location is probably one of the most important factors you need to consider. For one, the location you will be choosing can affect your brand image. Most businesses pick a prestigious business district to help boost their brand. But you also need to take into account the accessibility and convenience of the facility. It should be located near important establishments and transportation means.
- Duration of the lease
For startup companies, it is hard to predict where the business is going. The first 12 months of the business is critical. Which is why these entrepreneurs are quite hesitant on leasing an office space for the whole year. If you are unsure about the standing of the company, it would be better to lease a space that offers flexibility in terms of tenure.
- Services and amenities you need
Serviced offices offer an all-inclusive service, especially when it comes to the facilities. But the thing is, you won’t be needing all of it. If you are unsure what office features and amenities you need, try this: Determine the scope of your business operations. Once you listed your business activities, the next thing that you need to do is determine what kind of service would address your business operation concerns.