Serviced offices vs. virtual offices: What are the differences?
Looking for a flexible workspace? Whether you are starting a new business, need a space for consultancy work or you’re considering moving to shared office space, you’ll be presented with two flexible workspace solutions: a serviced office space and a virtual office.
That’s right, these are two different options yet many confuse them as one. Both options offer a cost-effective way to establish a physical commercial presence for your business but the questions is, which one should you choose?
To help you understand which type of flexible workspace best suits your needs, we’ve profiled both options, going into detail about when and why you should consider one over the other.
What is a Service Office?
A serviced office space is typically managed by a facility management company who will rent out sections, rooms, floors or hubs within an office building to different businesses. They will be equipped with all the required fittings and fixtures and they’ll offer internet connectivity too.
You won’t have to worry about electricity, security, rates, cleaning or maintenance as the facilities management company looks after all of that.
With a serviced office space, you only pay for what you need, when you need it. In addition to the physical office space, services and facilities, you can pay to utilise add-ons like meeting rooms, board rooms and other amenities.
For those important client meetings that pop up occasionally, you don’t need to revert to a local hotel. Instead, make a greater impression by hiring the boardroom in your shared serviced office and do so at a fraction of what it would cost to hire a function room.
Who should consider hiring a serviced office?
- Those that need an office space fast
- Business owners that need access to an office space sporadically
- Those that want access to office equipment but don’t want to purchase it
- Business owners that want to avoid long term office rental contracts
What is a Virtual Office?
A virtual office space offers business owners the opportunity to hire an office address for communications purposes without actually occupying the office space.
Advancements in technology ensure that professionals can easily operate their business or conduct their work from home, making this whole concept an increasingly accessible and popular option.
Virtual offices aren’t just for start-ups or small businesses. They can also give businesses a way to establish a presence in a new location and provide a commercial address where virtual employees can meet clients and collect mail.
Virtual offices may also offer add-on services such as receptionist services where an employee, fluent in the language of the local area, can answer any calls to a dedicated office number hired by you.
Why consider a virtual office?
- You want to operate in a new market without a physical office space
- You work from home but need a business address
- You operate teams of virtual employees
- You are testing the waters with a business idea and need an address
- You need a prestigious office address for various reasons
A serviced or virtual office is an excellent option if you want to avoid getting bogged down in long term office rental contracts when you don’t need to. The beauty of these types of flexible work space solutions is that they are immediately available for hire and can instantly resolve your commercial office needs.
Choose your office space wisely and the bottom line of your business will thank you for it!
If you would like to find out more about Glandore and how we can help your business grow in one of our serviced or virtual spaces get in touch here. One of our offices in Dublin and Belfast could be just what you need.