The concept of serviced offices – working together and sharing premises, staff, and other overheads –has been around for some time. But over the years, serviced offices have evolved into dynamic new office spaces to keep pace with the evolving business scenario and meet the demands of new-age employees who are future torchbearers. Here’s how serviced offices have evolved over the years: ‘Desks on hire’ are made available to entrepreneurs, consultants, and business people on the move in newly-formed business centers Hotels have in-house business centers — which are early avatars of serviced offices, offering guests business facilities like secretarial […]
The key to business success is responding with speed and agility to opportunities as they arise. But this can be fraught with risk and can draw on a business’ resources and reserves. This is where a serviced office provides the right solution. Benefits of a serviced office: Flexibility The short-term, renewable agreements a serviced office provides, especially benefit start-ups and small businesses with irregular cash flows Reduced risk With a serviced office, businesses do not have to tie up their assets into buying an office. This enables them to change the size of their office rapidly according to the business […]
The office has re-opened. People are trickling back to work. It’s good to see familiar faces and places. But it’s not business as normal as is evident from serviced offices in Mumbai. In fact, there is a ‘new normal’ in place and it’s the responsibility of everyone –management, employees, support staff –to adopt new behavioral patterns for their own safety and that of others. Serviced offices in Chennai have made this a priority. Keeping employees, customers, and business associates safe and healthy while doing business during an on-going pandemic will not only hinge on behaviors such as wearing masks, doing […]
Suddenly, the concept of work as we have known it for years, is going through a massive revolution. Nine to five, no longer valid. The office? Not a place you commute to, but your home or the park bench. Current job skills, becoming passé by the minute. Man, versus machine, machine coming up a winner time after time. Megatrends like globalization, digitalization, artificial intelligence(AI) have rocked the boat with ramifications on both the quality and quantity of jobs. To name just a few of the forces at work –going remote, digital transformation, millennial take-over of technology, the need for a […]
Serviced offices. What a boon for people in business! Serviced offices are fully furnished and equipped offices for rent which are designed to enhance productivity, creativity and work culture. The operative word is ‘serviced’ and that’s what makes them a smart choice for people in business –whether individuals or small, medium and even large enterprises. They are workspaces where the entire infrastructure is maintained by someone else. This includes furniture, equipment (which is always kept updated), internet connections, cleaning, maintenance, utilities, security services, staffing, etcetera (there are a lot of etceteras when it comes to running an office). Those who […]
If you look at the assets listed by most business centres on their balance sheets, you are not likely to see ‘shared offices’ on the list. But shared offices are a profitable and asset in more ways than one might think. Consider the facts. Business centres are generally located in areas that have expensive real estate. Every square foot of space has a large price tag. Can business centres afford empty desks? Every inch of space must be used. Conventional offices dedicated to just one person do not represent an optimal use of space. But when an office is shared […]
