Serviced Offices offer numerous advantages, including:
Prestigious Address & Location
boasting prime business locations in city centres with stylishly
designed offices close to major transportation hubs, serviced
your business card to resonate with impressive details, enhancing
your professional reputation. It also makes the prospect of taking
your future employees, suppliers or even the dreaded bank manager
for a tour a whole lot easier. At Corporate Serviced Offices, your
address is in Raffles Place – readily recognized as being the core
of Singapore’s Central Business District – and definitely conveys a
good impression on visitors.
Customer Service Team Included
serviced office has a body of staff employed to provide you with the
basic office services to keep your workspace running, such as
secretarial support, a reception team, a post room team, IT support,
building maintenance and cleaning. Not only do you gain significant
savings from NOT having to hire such staff, but valuable management
time savings from NOT needing to handle associated staff recruitment
and retention issues. Depart for trips to grow your business,
knowing that your office is in good hands.
Jump In Running
& Focus On Your Business Growth
space comes ready-made with such things as Internet connection
points, wiring, utilities and even a kitchen area for staff to relax
in during coffee breaks. Serviced office spaces also include other
facilities such as on-site security and cleaning, in-house IT and
communications departments and general management facilities.
Instead of having to organise all of these separately, choosing a
serviced office space means that all of the features offered by the
serviced office operator are included in the monthly rent. All your
time and money can be channelled to things like building the
business and using your creativity to make more business
connections. At Corporate Serviced Offices, we can provide you with
a ready-to-use office in as little as 1 hour - make speed to market
your competitive advantage today!
dealing with complex and intricate lease documents, often involving
legal assistance and lawyer fees, a typical service office agreement
is written in a plain English format. It is designed to be ‘user
friendly’ and avoid unnecessary terms and clauses typically found in
a commercial office lease. What’s more, serviced office licences do
not attract stamp duties – substantial savings for most businesses.
confidently predict what your business priorities will be in 3-5
years time? What your headcount will be? But 3-5 years is the
average length of time businesses are required to commit to with
conventional office space. In direct contrast to typical office
lease structures over multiple years, serviced offices are available
for as short as one month to as long as one year, and renewable
thereafter. Corporate Serviced Offices even allows leases to be
structured over weeks or even days. This is so popular that
companies set up temporary bases in our serviced offices whilst
looking at a more leisurely pace for their final business address,
tapping on the advantage of allowing uninterrupted business
continuity, and ensuring they do not lose their place in the market.
and rapidly growing businesses require the potential for ‘overnight’
expansion without relocating offices. Even large MNCs occasionally
need expandable space to house temporary staff during boom times.
Corporate Serviced Offices provides the flexibility for tenants to
upsize, downsize or even vacate the premises to fit their latest
business requirements with just one month’s notice.
tenants are normally required to pay rent quarterly in advance
whereas serviced offices invoice clients on a monthly basis, freeing
up cash flow. What’s more, many services are already included in
your package, including insurance, water, electricity, lighting,
internet, etc. Where additional services and personnel are required,
you only need to “pay as you use” - pay for when and what is used,
rather than supporting the ongoing permanent cost of these items,
saving you unnecessary fixed costs.
State-Of-The-Art Equipment Available
offices provide shared technological infrastructure including
intelligent facilities management systems, shared internet, telecoms
infrastructure, video conferencing equipment, TVs, photocopiers,
digital gear and even coffee machines for tenants’ use. Most of the
equipment is of better quality and efficiency than what you would
normally be able to purchase,
providing access to equipment which may otherwise be unaffordable.
Frequent upgrades and additions also mean continuous access to the
latest state-of-the-art technologies.
"It's not what
you know but who you know". Serviced offices give you the chance to
network and cross sell with a variety of other businesses residing
within the same building. Gone are the days when you would only find
start ups or small businesses residing in serviced space. Today you
are just as likely to find divisions of national and global MNCs in
the office next door.
else can you get the chance to mingle and discuss different ideas
with a wide variety of professionals from different industries every
single day, without even having to leave your office!
offices provide a single consolidated invoice monthly, which
includes rent, business support services, building maintenance,
electricity and more. No hidden extras or nasty surprises.
Consolidated billing also saves accounting time and effort, and
therefore your money.
used space, such as the pantry, conference and meeting rooms, are
supplied and payable on a "pay-per-use" basis so that meeting room
you need for an average of 5 hours per week is not costing you rent,
rates, service charges, heating etc for all of the rest of the time
when it is empty. Corporate Serviced Offices also throws in
complimentary meeting room usage hours for tenants so you save even
by the UK Chartered Institute of Purchasing shows that compared to
conventional office space, serviced offices can provide substantial
cost savings for office users. By doing away with initial capital
outlays and hidden charges inherent in conventional leases, savings
of as much as 78% have been achieved for companies as large as 60
persons and lease lengths of up to 36 months. And even when you
vacate the premises, there are no dilapidation and reinstatement
liabilities to worry about. This can be of particular benefit to
start-up companies by giving them a defined cost each month to
budget to. Rather than trying to add up a series of random costs
(including the rent and any business rates), a single figure covers
all the eventualities and utility charges, allowing a business to
live within their means, without any loss of provisional services.
It also makes bookkeeping and accounting much easier.
serviced offices however does have minor disadvantages. For example:
You may not be able to extend your personal brand and corporate
style to your office space.
There is less visibility for your business as it is unlikely to
appear on the building’s main lobby directory (though most
serviced offices offer directory listings on their premises).
Shared facilities may not be available when you need them.
Rental costs may be more expensive over the long-term for larger
companies with >30 staff if you don’t need to make frequent
offices, you only pay for the space you need and the services you
use. Unlike conventional leases with their inherent hidden taxes and
costs, all fixed costs of your serviced office are covered in a
monthly payment to the business centre management.
Talk to us
for more information.