Serviced Office vs. Coworking Space
Whether you are an entrepreneur, freelancer, startup or SME, it’s important to decide where you plan to run your business. Finding the right office space to rent is very vital for running a successful business. Modern solutions for workspaces are different from traditional offices. Such solutions are flexible and deliver high-tech office environments. Two most popular office space options are serviced offices and coworking spaces. Understanding the difference between them is essential to choosing the perfect modern office space for your business.
Whats is a serviced office space
A serviced office is a fully furnished and ready-to-use physical space leased out by an operator/office provider. It is rented out as a pay-as-you-use office space. Companies can rent out a single room, section, or an entire floor depending on their requirement. As opposed to traditional offices, serviced offices offer transparent monthly all-inclusive fees without the hassle of long-term rental leases and hidden costs. Multiple companies may reside on a single floor while utilizing communal facilities, meeting spaces, and administrative support. Standard facilities in serviced offices include phones, high-speed internet connectivity, managed reception desks, kitchens, lounges, cleaning and maintenance services, meeting rooms equipped with high-tech quality equipment for audio/video conferencing, etc.
Examples of serviced office around Kuala lumpur can be found at iproperty.
Differences
|
Serviced Office |
Coworking Space |
|---|---|
| Access to a prime business location | Include options of short term lease |
| Lower rental costs than conventional office leases | Ultimate Flexibility |
| Flexible short lease terms | Highly social, creative, and collaborative space |
| Maintenance-free | Low costs and commitment options |
| Good administrative support | Don’t need privacy |
| Private meeting spaces | Need to book meeting rooms |
