Serviced Offices: Saving the Workers AND the Boss

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Advantage Serviced Offices highlights the flexibility of serviced offices in office leasing during uncertain economic times.

Serviced Offices Meeting

Now with the incredible volatility that has seen us jump from inflationary to deflationary fears and potentially back again, serviced offices are a valuable resource that give the flexibility to 'ride out' whatever the economy throws at us,

Recently we have seen media and public reaction to manufacturing work sent overseas to China rather than keeping it at home for Australians. Understandably employees are concerned about the security of their jobs, particularly when they have mortgages and families to support. Sometimes it can be just as challenging for the bosses of small to medium businesses when they not only have their own family's security, but the responsibility of their employees' security to consider too.

One of the most difficult times is when a commercial office lease comes up for renewal. Given the volatility of the world's economies, who can reliably predict how strong demand will be over the next 12 months let alone five years? Yet business owners are often expected to sign office leases for 3 or 5 years and more scarily, they are often asked to give a personal guarantee up to the full amount of the lease. This means that if a business owner gets it wrong and business dips, potentially he could lose his family's home. On the other hand. if s/he is too cautious and the economy bounces back, then there is the business risk that too small a premises could restrict growth.

One alternative is to use a serviced office. The benefits include:

  •     You can commit for offices for as little as 3 months.
  •     Serviced offices are modular so you can start with a conservative amount of office space

    and then upgrade or downgrade office size or number of serviced offices as required.

  •     You have furnished offices, telecommunications, and big office facilities such as professional boardrooms.
  •     A personal receptionist.
  •     "Virtual" office services for home based businesses or out of state businesses that seek the professional impression of an established office.

Traditionally serviced offices have been a valuable resource for small offices of 1-10 workstations, branch offices, regional offices, country offices, and home offices.

"Now with the incredible volatility that has seen us jump from inflationary to deflationary fears and potentially back again, serviced offices are a valuable resource that give the flexibility to 'ride out' whatever the economy throws at us, " said Grant Mason, Managing Director of Advantage Serviced Offices, Sydney Australia.

Find out more about serviced offices advantages or virtual office advantages at Gordon Executive Centre Serviced Offices on Sydney's North Shore.

For further information on commercial offices compared with serviced offices.

Advantage Serviced Offices is a leading provider of serviced offices and virtual offices on the North Shore of Sydney Australia via its principal location at Gordon Executive Centre.

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Grant Mason
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