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Benefits of Choosing managed Offices for your Business
Posted: Jul 25, 2019
A look at how the flexible workspace model is a natural evolution of managed offices.
Co-working development and flexible office space are altering the way we operate. Cities such as Paris, London, Tokyo, Berlin, Singapore, New York and Melbourne are seeing an increase in the amount of flexible workspaces available, while important worldwide markets are quickly growing.
Centers offering co-working, serviced and hybrid offices (a mixture of serviced, co-working and private office space) can now be readily discovered all over the globe. As businesses turn to flexible workspace to reduce expenses, prevent long-term lease contracts and promote fresh market reach, office space is developing to meet a wider range of company needs. This involves bigger businesses in search of tailor-made space but on flexible terms and 5,000 sq specifications. Ft. and on top.
What is a Managed Office space?
A managed workspace is a workspace solution that is completely outsourced. Everything is taken care of, from buying the property to designing it, fitting it out and, eventually, operating it; everything is done by a third party. This enables businesses to concentrate on running key company tasks while an experienced team like Instant runs on their behalf a customized and fully branded office.
With enhanced cost transparency, enhanced market velocity and enhanced business agility, businesses across a multitude of distinct industries are looking for this tailor-made solution to mitigate expenses and expand their reach.
Benefits of Managed Offices :
The 3rd party supplier will manage the entire process when purchasing managed office space–from finding the correct room for the customer to negotiating with the landlord and formulating the process expenses.
Then, the third-party supplier will design, construct and fit a room to meet customer requirements, deal with furniture, fittings, IT and telecoms, and handle all facilities once a customer moves in, enabling them to concentrate on running their company.
Fully customized: tailor-made fit-out and layout allows companies to function in a fully branded office room.
No hidden charges: businesses of any size can access managed workspace and all related expenses are rolled up into a single quarterly fee with no hidden charges. A single managed office supplier with full cost transparency and market benchmarking
Flexibility: manages the entire process from beginning to finish: the lease for a managed workspace can be negotiated and procured in accordance with your requirements. This involves:
- Finding your preferred building and managing your exit
- When you are prepared to access specialist advice and resources
- A reputable partner to offer your customized bespoke workspace
Speed to Market workspace:
Managed offices can be set up quicker than a standard workspace, meaning that there is little to no downtime when you move in.
Difference between Managed Office & Serviced Offices :
Managed offices and serviced offices are flexible workspace solutions that are well adapted to businesses seeking cost-effective, agile alternatives to conventional, rented office space. The main distinctions are:
Managed Office
Customized branding specification
-Your Culture
-Your Design
-Your Workspace
Serviced office
Pre-designed, fully kitted-out facilities and amenities
Managed Office
Constructed and fitted to meet company requirements and budget
Serviced office
In a bigger construction, usually a floor or a few offices
Managed Office
Low upfront capex with all in a quarterly set payment
Serviced office
Typically based on a monthly set rate per workstation or individual
Managed Office
Flexible rental conditions for more than 50 individuals
Serviced office
No capital expenditure is required
Managed Office
Move in for as little as 6-8 weeks
Serviced office
Go in the day you sign in
Managed Office
Suitable for any 18 months+ requirement
Serviced office
Suitable for any period of 1 month or more
And if you are looking for a new office space for your start-up or planning to relocate, it’s advised to choose a real estate agent who can help you find a beautiful office space for your business. Furnished Office Bangalore just does that! We help you find an office space that’s designed keeping in mind the employees’ productivity. Better late than never! Make your move now, and explore the possibilities of your business reaching new heights
Sahaana Jai, the author of the above article is working in a real estate concern offering office space in Bangalore. She is a blogger as well as a web enthusiast.