What do you do when you need an office to operate from, but it does not make sense to lease an office? There are many situations when it becomes important to have a small office to operate from rather than work from home or a hotel room. Renting an executive office is a good solution for such requirements.
Renting and setting up an office space is not suitable for short-term needs. Many businesses need a flexible and professional working environment without the costs, commitment and lead time involved in setting up traditional offices. Unlike full-fledged rented offices, an executive office can be used almost immediately, has minimal setup costs and does not require long-term commitment.
When Does Such an Office Make Sense?
Whenever the requirement is for a small but professional work environment for a short span of time or at reduced costs, executive offices make sense. Here are a few examples:
-People starting a new business will find the quick start and low overheads attractive
-Independent professionals who are not sure about where they will be ultimately based can use an executive office to start with
-Business travelers who need an office for a few meetings or for a few weeks
-Consultants and small businesses which have to interact with clients and visitors and need a professional setup without the additional overheads
-Small branch offices of larger companies where the business volume does not justify or necessitate a full-fledged office
-Project teams which need an office to operate from for short durations.
Facilities That Can Be Expected:
Facilities provided will differ depending upon the rent, but here are a few things that can be expected.
-A furnished individual office or a desk in a group working environment.
-A nice reception and waiting area
-Trained support and maintenance staff
-Access to well-equipped conference or meeting rooms
-Postal and courier services such as mail handling and mail delivery
-Access to commonly used office equipment such as photocopiers and fax machines
-Access to common kitchen facilities
-Telephone extension with voice mail
-Cleaning and maintenance facilities
-Access to common canteen, fitness and recreation facilities
Some of these facilities could come with additional fixed charges or could be charged according to usage
Benefits of an Executive Office:
1-No fixed commitment; you can rent the facility for short or long durations.
2-Almost negligible startup time; you can move in and start working any time.
3-No equipment to buy or staff to hire
4-Big savings in cost when compared to setting up your own office and the costs are predictable
5-You can get a good location and a prestigious address
6-You get a professional work environment
Using an Executive Office Versus Working From Home:
For some people working from home may be an option, but it makes sense to rent an executive office if you have to meet clients or outsiders. Seeing clients or having meetings at home can be a difficult and an unprofessional option unless you have an office space with a separate entrance and it is not connected to the rest of your home. Having a separate office is always better when outsiders are involved, as it conveys the seriousness and professionalism of your business.
An executive office is a boon when you want a professional office with all modern office facilities without getting into a long-term rent commitment and without committing a lot of money. It gives you a great address to work from and you can start work without the time involved in setting up a full-fledged office of your own.