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Serviced Offices and Executive Suites
We collect all of the information about
office spaces, Serviced Offices ore Executive Suites: shared
offices with services provided by a management firm.
When a business man is trying to
determine just what type of location he needs for his business, one
office option to consider is an executive suite, where the landlord
provides access to a private mailbox, receptionist and secretarial
services, faxing, photocopying, conference rooms and other support
services as part of the package.
Executive suites help you project the image of a professional
operation at a more affordable cost and can be found in most
commercial office areas. Some executive suites even rent their
facilities by the hour to home based businesses or who need
temporary office space.
Serviced Offices or Executive Suites can
be a set of individual offices sublet from a larger suite of
offices. The office center, or business center, or executive suite
proprietor owns or rents entire floors or buildings and leases the
smaller office spaces or workstations to businesses that don't need,
or can't afford, large space. Serviced office or executive suite
landlords offer additional services.
This variation on the traditional office is a modern industry.
Executive suites go by many different names, such as: business
center, open plan office, serviced office, office business center,
office suite, executive office, furnished office, flexible office,
managed office, shared-office space and office hoteling. A flexsuite
is a multi-office suite with many of the same amenities included in
an executive suite. In the event of company growth, a business may
choose to upgrade from executive space to a flexsuite.
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Small entrepreneur businesses and
start-up companies prefer executive suites because that could
experience growth or go out of business before a term's end-date.
For this reason, flexible terms are offered to accommodate
unforeseen growth or the dissolution of a company. The office space
also has a number of amenities that smaller offices may not be able
to afford such as a breakroom, video conference room equipment, and
on-site fitness center and spa. They also offer temporary support
such as day offices or temporary work-space for short-term or day
use, and the opportunity for tenants to temporarily "hire" executive
office staff to assist with projects/assignments.
Serviced Offices serve many of the same
purposes as virtual offices but have the physical location that
virtual offices do not. Since the spaces and corresponding rent or
lease payments are small, many prospective renters often work
directly with landlords to obtain space rather than working through
commercial real estate brokers. Renters bypass brokers by using
websites like Regus, SuiteSearch.com or Instant Offices.com to find
office space listings, drive by offices to obtain numbers or simply
walk in and ask to be shown space by an on-site building manager.
The Motto of this service is: "They run
the office you concentrate on your work". In order to do this
Executive Suites usually provide Furnished Office Suites, offering
immediate occupancy, no long term lease obligations and are wired
with both Internet and phone. The majority of Executive Suites
provide reception services, access to various sizes of conference
rooms and a shared amenities. There are typically 3 charges that
comprise the majority of your monthly bill: the "Base Rent" the
amount you pay for use of the space and the "Technology Charge" the
amount you pay for your Internet connection and use of the telephone
system. Technology Charge does not include the cost of phone calls
your make. The remaining part of your bill will include any services
that you may have utilized during the month (Conference Room Time,
Photocopies, Postage this is referred to as "A La Cart Services",
pay as you use).
Various companies in the Corporate
Housing industry also use the term "executive suite" to describe
fully furnished executive style apartments, or set of hotel rooms
for executive. A hotel suite is equipped with amenities for a
business executive.
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