Serviced Offices Blog


What are the workspace options available for new and small business owners?

Posted by admin on December 27, 2013 at 9:54 am. Filed under: office space

If you’re a new business owner you’ll already have had to make lots of decisions to get your venture off the ground. If your business is still in its infancy, or still in the planning stages, then one such decision that you’ll need to make is that of the dedicated workspace.

Many new businesses are small in size and have financial limitations to match. The current economic climate has put an increased amount of pressure on start-ups, making every decision an important one – and that certainly includes where you operate your business from.

If your business requires an office, you’ll need to think about what you need from your office space in order to ensure that your business is given every chance to succeed. There are a number of office options for small businesses, which include:

1- The home office
If you are running on a very tight budget then working from home can be a great solution – in fact many flourishing businesses began life on the kitchen table! To operate without restriction from home you’ll need to be comfortable conducting your business with just a computer, a phone and an Internet connection.

2 – The virtual office
The next step up is to take your home office set up and give it a little upgrade using a few innovations. You already may be using voicemail, video conferencing software and a laptop to enable you to conduct meetings away from your home. But there are other upgrades available that could help your business with regards to its professional appearance. These include a remote receptionist and a mail-receiving agency.

3 – The workstation
Your business may currently be suitable to be run from home but your home may not be a suitable place for your business! Perhaps you have young children at home during the day or just lack the space for a dedicated office within your house? A possible solution could be to rent a workstation in an existing office, where your weekly or monthly payment should include phone and Internet costs, and potentially other services too. This could be a good option while you consider taking on a rented office space.

4 – The serviced office
If your business is more than a one-man operation then it’s likely that you’ll need to look for an office space to rent. However, the idea of renting an office and equipping it with furniture, computers and other necessities can be daunting. Perhaps you just aren’t comfortable signing a long-term contract with you business still in its early stages?

The solution is to look for serviced offices within an existing business centre. A serviced office comes fully fitted and furnished and you won’t have to worry about business rates and energy bills or the security or cleaning of the office. Business services, such as receptionists, broadband and telephone, meeting rooms and video conferencing will also be available. Another other significant advantage of serviced or managed offices is that you’ll often be able to sign a short-term lease initially, rather than needing to commit to several years from the outset.

 

Help Your New Business Get Off to a Good Start

Posted by admin on September 20, 2013 at 8:11 am. Filed under: office space

Starting a new business can be an exciting if scary time. The current economic climate doesn’t fill many people with much hope, and yet there are more people starting up new businesses than ever before. When starting a new business, it is important to do things correctly, as mistakes could affect how successful you are.

One of the ways in which you can start as you mean to go on is by taking out a serviced office rental for your business premises. Managing your cash flow is extremely important when you first start out, and it is likely that you will have a significant number of other things to pay for. Yet without business premises, you may not have anywhere to manage your business from or to meet clients at. Traditional leases may ask for a hefty deposit and a couple of months’ rent upfront, which you may find that you simply can’t afford. You’ll also have to source furniture and shop around to find suppliers for your electricity, gas and telecommunications. You’ll have to employ the services of a cleaner if you want your new premises to stay looking smart and professional, and you may want to consider installing CCTV or hiring a security guard to make sure that your hard-earned investment remains secure.

Don’t worry if that sounds like a lot to organise and a lot of cheques to start writing – it doesn’t have to be that way! If you take out a serviced office, you’ll have just one price to pay for all of these things, including your furniture and furnishings, maintenance and all the utility bills. This means that you won’t have to put aside a huge wodge of cash to pay for your first office – just pay your monthly bill to the business centre instead. Having a single charge to pay also makes it much easier for a new business to budget their expenditure and manage their cash flow.

Another advantage new business owners find when it comes to serviced offices is that they don’t have to sign up for a lengthy office lease that they may potentially be unable to fulfil if things don’t work out or their business needs change. With a serviced office, you’ll not only get a much shorter lease but there is also the flexibility to increase or decrease the amount of space you rent as your business expands or contracts. This means that you don’t have to take on a large office in anticipation that your business will grow, but find that it never does and you’re paying for more space than you need. Nor will you find yourself trying to squeeze more and more people into a shoebox because you’re trapped in a lease for a small office for the next five years.

So, if you’re looking for offices to let Manchester or office space Edinburgh, use our Office Finder to find a serviced office that meets your needs. We have over 4,000 serviced office listings worldwide, with over 1,000 just in the UK and 300 in London alone.

 

Your office move tick list

Posted by admin on August 19, 2013 at 10:33 am. Filed under: office space

Moving to a new office can be exciting. It may represent a new era for your business and, if you’re current premises isn’t up-to-scratch or doesn’t suit your requirements, the change could be a welcome relief.

However, if you’re to benefit from the best results, it’s really important that you’re methodical when you’re perusing the business centres that are available.

Budget

First and foremost think money. When it comes to business, your head should always rule your heart. It doesn’t matter how good an office looks or feels, and how much of a buzz you get from seeing it, if it doesn’t fit within your spending limits, forget it.

Over-stretching yourself financially can be disastrous, especially during tough times like these. Spending too much money on your office could lead to long-term problems and stress.

The good news is, as long as you know where to look, there are plenty of great deals available. Also, bear in mind that when you choose serviced offices Manchester or elsewhere, your rent will include many of your bills.

Location

Arguably the second most important issue to consider is location. There’s no point in choosing a great office if it’s not in the right place. Your personnel must have easy access to the working space and you may need to be near to your customers.

Often, it’s necessary to make a trade off. To get a suitable office within your spending limit, you might have to be a little bit flexible in terms of your location. For example, city centre offices tend to be pricier than those located further out or on business parks.

Size

Then there’s size to think about. If your office is too small, it will be uncomfortable for your staff members to use. On the other hand, if you choose a space that’s too large, you’ll end up shelling out for space you’re not using.

Quality is key

Of course, the quality of your working area is also really important. To impress your personnel and any third parties who enter your premises, it’s got to look the part. Comfy, stylish furniture is a must, along with any equipment you need to operate successfully.

Convenience

By choosing serviced offices Leeds or elsewhere, as opposed to opting for traditional leases, you can benefit from a range of additional services that make your life easier. For example, you should have access to reception and phone answering services and you’ll also be able to use meeting and conference spaces. In addition, you won’t have to worry about cleaning, building maintenance and so on. Let’s face it, running a business can be tough at the best of times, so these little extras may be very welcome.

Also, serviced offices are available on shorter leases, meaning you can benefit from greater flexibility. You should find it easier to expand or contract depending on market conditions.

Take your pick

By bearing issues like these in mind, you should be able to select office space with confidence and achieve the results you’re after.

 

Comfort is key

Posted by admin on August 2, 2013 at 9:44 am. Filed under: office space

What to look for in an office It’s hard to overestimate the importance of offices in terms of company performances. Having the right working space is crucial and without this, firms struggle to function effectively. The good news is, if your organisation is on the lookout for new office space to rent, you won’t be stuck for choice. There are plenty of options out there and the quickest and easiest way to find new premises is by looking online.

Engage with your staff

For the best results, it may be a good idea to engage with your personnel and find out exactly what it is they want from their working environments. This collaborative approach can help ensure that everyone’s on board with your decision and, in the long term, it could boost productivity among your staff members, which is great news for your bottom line. One of the key points personnel are likely to bring up is comfort. These days, many workers spend long hours at their desks and so it’s really important that they feel comfortable. Morale can quickly dip among employees if they don’t benefit from good seating, the right level of heating, effective lighting and so on, meaning productivity will fall. Also, over the long run, uncomfortable offices can compromise the health and wellbeing of workers.

Getting the basics right

Meanwhile, staff members also value basics like adequate kitchen facilities, WiFi and car parking. Having access to these things can help to make people’s everyday lives easier. As a boss, it’s also worthwhile considering the impact of offices on recruitment and retention. To succeed in the cutthroat world of modern business, you need the right personnel and it’s only possible to attract and keep the best workers if you provide a decent office. Location location location As well as considering the interior of your new office, it’s vital to think long and hard about the best location for it. As well as your budget, you’ll need to take convenience into account. For example, are the premises easy for your workers to get to? The length of commutes is a big issue for personnel, as is the availability of public transport. Luckily, there are plenty of options and whether you’re on the hunt for London office space, Birmingham office space or premises elsewhere, you shouldn’t struggle to find it.

Here to help

Here at Abacus Real Estate, we’re well aware of the importance of finding suitable offices and we go out of our way to make this process easy for you. By taking a look around our website, you should be able to find exactly what you’re after in no time. Before you make any final decisions though, make sure you’ve thought through all the various implications of your move and check that your workers are on board with the changes. As long as you do this, you should be able to reap the rewards of your transition – potentially for many years into the future. It really is worth making the effort to find the perfect premises.

 

Serviced office sector set to double in emerging markets

Posted by admin on July 24, 2013 at 11:20 am. Filed under: office space

 

The serviced office sector is booming, but recent figures have indicated that it isn’t only in the UK where this is the case—it’s enjoying a surge of popularity across the globe, with emerging markets in particular showing a steep rise in the number of serviced business centres being available. These figures are expected to continue to be on an upwards trajectory for the foreseeable future, with it even being estimated that the industry as a whole will double over the next 5 years.

The research

The research, conducted by Instant, looked at the number of serviced office centres available in the emerging markets of Latin America, the Middle East, Africa, Asia and Eastern Europe. And there’s been an impressive rate of growth—the number of centres grew by 21% with the opening of another 124 premises over the last 12 months, with figures showing that in the third quarter of 2012 there were 714 centres spaced across 110 cities of the 59 countries analysed. And this level of growth is expected to continue, particularly as The World Bank predicts that India, China, Indonesia, South Korea, Russia and Brazil will account for more than half of the world’s total economic growth by 2025—this rise, and the rise of new companies being founded in such markets, means the number of serviced office centres will need to grow accordingly.

Why serviced office centres?

Start-ups tend to be the main users of serviced arrangements, but it’s also a great choice for more established companies that want to enter one of these emerging markets. It can provide the ideal platform from which to operate and can drastically reduce the number of challenges you’d normally face when entering a new market—it’s a highly flexible solution which can lower the risk associated with starting out in a new sector, and with there being a shortage of quality commercial space in a lot of these countries you’ll find serviced arrangements could be ideal. Then there’s the fact that you won’t need to worry about navigating local business customs to quite the same extent—everything will be arranged for you, and you’ll have the chance to quickly establish a presence in key commercial districts and can have a professional image as soon as you get set up.

Time to get on board

It’s an exciting time to be involved in the sector, and any business that wants to get a head start on making their presence felt in any of these emerging markets would be wise to consider a serviced arrangement. Of course, it’s a highly preferable choice for the UK too, and if you’re looking for a solution that’s a bit closer to home you’re in the right place. We can give you access to high-quality office space across the country—whether you’re looking for serviced offices in Liverpool, Birmingham, Bristol, Leeds office space or anything else we’ll be able to accommodate, so get in touch and you can soon be a part of the trend.

 

A Professional Office Space

Posted by admin on June 24, 2013 at 2:18 pm. Filed under: office space

Many small businesses first start up at home. And it’s hardly surprising – after all, it’s a great way to save yourself some money by only paying one set of utility and telecommunication bills, not to mention saving on rent and other rates too. And there are few commutes that would be as preferable as simply walking downstairs or across the hall. The kitchen table or poky home office might be more than fine for your own business activities. However, when you need to organise a meeting with a client or supplier, then suddenly the kitchen table doesn’t seem quite such a good idea!

Of course, there are solutions to this conundrum. Many home-workers meet up with clients in hotel lobbies, cafes and other similar public spaces. This can be a good interim solution if you’re still trying to keep costs down, but there are drawbacks too. Noise, confidentiality and privacy can be big concerns, as can a lack of essential business facilities, such as Wi-Fi, flipcharts and a projector. The lack of consistency can also sometimes be a problem – you might not be able to meet in the same facility each time, and if you don’t book in advance, you may even find that there is nowhere for you to sit when you arrive for your meeting, which looks incredibly unprofessional.

If your home business has had some success, perhaps it is time to consider moving to a more professional office space than the spare room? This will give you the facilities and environment you need to impress potential and existing clients, but also give you the option to take on additional staff if you need to. The ideal solution for small businesses and those looking at getting their first office space is to go for a serviced office. A quick glance at our website will show you some of the best serviced offices Liverpool, Manchester, London, Bristol, Birmingham, Leeds (and many more cities besides) have to offer.

The reason that serviced offices are so great for small businesses is because they provide you everything you need for one simple flat rate. This makes it really easy for you to budget for the room itself, plus the furniture, utilities, telecommunications and maintenance. What’s more, you’ll also get a host of other services that you might not even have considered budgeting for, but which are necessary all the same, such as security, cleaning and a kitchen area. Often, there are facilities to add in a receptionist (who can answer and field your calls – essential if you are a one-man band) and use the photocopier, laminator and confidential waste bin without the same additional charge as if you were to organise these services independently.

Some serviced offices will even just let you hire a room for a one-off or regular meeting without having to take on a set amount of office space. This can be ideal if you suddenly need to organise some London office space for a client who’s unwilling to travel, for example, and will give you access to all business facilities you need.

 

Choosing to rent office space in Edinburgh

Posted by admin on May 24, 2013 at 3:09 pm. Filed under: office space

 

Edinburgh, the capital of Scotland, is the second largest city in Scotland and the eighth largest in the United Kingdom based on population number. The city is a huge magnet for tourists who swell the population considerably especially throughout the summer months. Many businesses choose to rent office space in the city.

August in particular is popular with visitors who come to see the annual Edinburgh Festival. Other attractions occurring throughout August include the Edinburgh Fringe Comedy Festival, the Edinburgh International Book Festival and the Military Tattoo. During August the population of Edinburgh is practically doubled and the city is a melting pot for cultures and tastes.

Edinburgh transportation choices

Tenants with serviced offices in Edinburgh have a wide variety of options at their disposal. Edinburgh airport is in close proximity to the city centre and there are numerous train and bus services ensuring a quick connection to all parts of the city and beyond.

Edinburgh by air

Edinburgh Airport is the busiest in Scotland and provides access for over nine million people annually. It is located just eight miles or 12.8 kilometres from the city centre. Renting office space in Edinburgh allows you swift and easy access to all corners of the globe via the conveniently located airport.

Edinburgh by rail

Businesses with offices in Edinburgh benefit from the capital’s main overground train station known as Waverley. This station is centrally situated and it serves just over 14 million passengers annually and is only beaten by Glasgow Central as the busiest station in Scotland. Waverley affords access to all parts of the United Kingdom, such as Bristol, London, Leeds and Birmingham, as well as locally to Edinburgh and the surrounding areas.

Edinburgh by bus

Lothian Buses operate most of the buses in the city centre routes of Edinburgh and to the suburbs, with most of the routes running via Princes Street. People wishing to travel further afield use Edinburgh Bus Station situated just off St. Andrew Square.

Why choose serviced offices in Edinburgh?

Apart from the cultural charms and excellent transportation links, there are other reasons to locate your business in Edinburgh. There is a good choice of serviced offices to rent in the city. These offices allow businesses the flexibility to react to changing fortunes quickly. They can be viewed as short term solutions since they can be rented almost immediately owing to the fact that they come fully fitted and furnished, so all you have to do is move in. Equally, if the arrangement suits you then it is possible to renew the short term arrangement so that it becomes a long term relationship but always with the option to terminate upon giving short notice.

As the offices are fitted out you do not need to make a major capital outlay in setting up the offices and also you do not lose precious time in doing so. Serviced offices are an ideal turn-key solution to get your business up and running.

At Abacus Real Estate, we have the expertise to find suitable serviced offices in Edinburgh.

 

A solution to Manchester office space

Posted by admin on May 20, 2013 at 3:04 pm. Filed under: office space

Entrepreneurs looking to locate their business in the north east may want to consider Manchester for their office space. It is a thriving metropolis, home to some 2.6 million people and has several cultural and sporting attractions.

Sporting fame

Few people in the world have not heard of Manchester United and the club has a massive, dedicated following throughout the world. The wide exposure of the football club means that people from all corners of the earth see what Manchester has to offer. The other notable football club, Manchester City has gained more recent notoriety as significant investment has seen it win the English Premiership and challenge their rivals for supremacy. Few of your clients can resist the opportunity to see a match at the ground of one of these two major clubs. In addition to this, the Emirates Old Trafford is the cricket ground for Lancashire County and attracts Test matches, One Day Internationals and International Twenty20s matches.

Role in industrial revolution

Manchester is famed for its part in the industrial revolution and was the location of the first railway station, which played a significant role in the cotton industry. Waterways were important in the revolution and the Manchester Ship Canal was a major transportation route, helping to make Manchester one of the foremost industrial centres in the United Kingdom.

Rutherford split the atom in Manchester, where he taught at the famous historic Manchester University. The first meeting of the Trades Union Congress was held in the city.

Transportation links

Office space in Manchester benefits from the city’s excellent transport links which are varied and accessible. Manchester airport is a major hub with flights to the USA, Europe and beyond. Three major over ground train stations serve over 30 million passengers per year, making the city one of the best rail networks hubs in the United Kingdom. Trams also operate within the city, with the network comprising of 23 miles of tramway connecting 42 stations. Apart from their practicalities, trams offer a novel and unique way of seeing Manchester, which will be appreciated by your clients.

Serviced offices

Having chosen Manchester as the ideal place for your business base, the next decision is the choice of office space available. One of the most popular solutions is serviced offices in Manchester.

These offices offer a flexible solution in today’s uncertain economic climate. Traditional office space is always available but it has several drawbacks. Long leases govern the occupancy of traditional offices with onerous clauses and expensive financial penalties should you wish to leave the offices at short notice. The offices are presented as an empty shell and require fitting out, including the purchase of office furniture and equipment which is time consuming and expensive.

Alternatively, serviced offices offer a turn key solution requiring no capital outlay and being fully fitted and furnished, are available on just a few days or weeks notice. The arrangement can be ended on a similar short term notice period. One single fixed monthly rental payment covers most of your monthly outgoings and expenses.

At Abacus Real Estate, we have the expertise to offer you solutions to your search for suitable office space in Manchester.

 

Bristol office space could be just what your business needs

Posted by admin on May 10, 2013 at 2:55 pm. Filed under: office space

Bristol is a mecca for investment and has a highly cosmopolitan and integrated society. It is the eighth largest city in England and is strategically placed as the gateway to the south west and Wales. When measured by GDP per head, the city has the second strongest economy outside the capital. As such it is a magnet for business entrepreneurs seeking office space, whether starting out or an established business relocating. Its desirability is enhanced by the quality of office accommodation available.

Why rent office space in Bristol?

Bristol has a stable population of around 433,100 and is surrounded by a Larger Urban Zone with approximately 1,070,000 residents. Bristol has good green eco credentials, being the sole UK city to be short listed for the first European Green Capital award. Forum for the Future undertook an independent assessment in which Bristol was acknowledged as the UK’s Most Sustainable City. Not content with these prestigious awards, Bristol was named European City of the Year by the Academy of Urbanism which was comprised of notable architects, engineers, designers and planners.

Bristol has an assortment of green spaces and stands on the edge of some spectacular scenery including the Clifton suspension bridge, Cheddar gorge, the Wookey Hole caves and the Gower peninsula. The architecturally impressive city of Bath is a short drive and is an ideal place to take your clients for a day of relaxation and culture. Bristol itself has over 450 parks and areas of green space which for its size means it is the greenest city in England.

Transportation considerations when renting office space in Bristol

Road links from Bristol to the rest of the country are excellent with motorways leading off in all directions. The M4 links Bristol to the capital and the M5 dissects the outskirts of Bristol with northbound links to Birmingham and the north and southbound links to Taunton and Exeter. The M4 continues westwards into Wales and there are now two bridges just outside Bristol over which you can enter Wales giving drivers an option if one bridge is closed.

Bristol is a major train hub with Bristol Temple Meads being the largest railway in the western part of England. Bristol International Airport is easily accessible just to the south of the city with numerous services to most of Europe and other parts of the UK.

Serviced Offices in Bristol

Most business owners want their office set-up to be swift and convenient enabling them to concentrate on other aspects of their business. Serviced offices are an ideal solution since they come fully fitted and furnished and can be occupied on very little notice. The simplicity does not end there as most of your expenses and outgoings are covered in one monthly rental payment. One payment covers use of office furniture, buildings insurance, utilities, service charges, security, business rates and staffed reception area.

At Abacus Real Estate we can advise you on your office needs and assist in your search for office space in Bristol.

 

Renting Victoria office space

Posted by admin on April 25, 2013 at 2:34 pm. Filed under: office space

Choosing to rent office space in Victoria could be a wise decision. Victoria is a commercial area within the City of Westminster and houses one of the busiest transportation networks in the capital consisting of Victoria railway, London underground and a huge coach station.

Victoria is home to some of the most famous landmarks in London with Westminster cathedral just a stone’s throw from the underground station. Further along are Westminster Abbey and the Houses of Parliament. Victoria also boasts many chic hotels and international restaurants where your clients will not fail to be impressed with the variety and quality of entertainment on offer. The famous Apollo theatre is in the heart of Victoria and produces major musicals and hosts world class comedy shows.

Why choose serviced offices?

Renting traditional office space in Victoria is costly as the tenant has to fit out the offices and put in all the usual office equipment in addition to paying the usual expenses on top. The convenience of serviced offices in Victoria is that the offices are already fitted out so saving you time and money. One monthly payment includes most of your outgoings such as:

• Business rates
• Buildings insurance
• Daily cleaning
• Staffed reception
• Service charges
• On site security
• Use of kitchen
• Utilities, including telephony and broadband
• Facilities Management

Many serviced offices are situated just off Victoria Street in a variety of buildings ranging from modern purpose built ones to conversions. Stag Place is particularly popular for serviced offices and is well situated for Victoria station and its transportation links.

Built in flexibility of serviced offices

Traditional offices by their very nature require time and money to fit them out and are meant to be a long-term commitment. Although this gives a business some security, it does not provide flexibility. In tough economic times most businesses prefer to be in a fluid state where they are not locked in and can adapt and adjust easily to new market trends. Traditional offices are regulated by complicated leases which have burdensome obligations on the tenant. If a tenant wishes to make an early exit from a 15 year lease, he will normally have to pay a premium to break the term. This is additional expenditure which could easily be spent on another part of the business.

Adaptability of serviced offices

Serviced offices are governed by straightforward licences since the landlord is responsible for the maintenance of the entire premises. Renting serviced offices in Victoria will give you the flexibility to either take on additional space or reduce it depending on your business needs. Sometimes, businesses have to relocate to Victoria to be near their clients for a one-off project lasting just a few weeks, and serviced offices are an ideal solution. They can be rented on a weekly or monthly basis, and as they are a turn-key operation they are available at short notice.

At Abacus Real Estate, we offer a fully tailored and comprehensive service to help you find your ideal Victoria office space.

 

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