The demand for office spaces around the country is increasing significantly, and if you are also looking for the same, then finding the right property is crucial. Having said that, when you consider the options available in the market, it is easy to get confused. But, instead of scratching your head over where to go and what to choose, take a look at the managed office spaces offered by OFIS Square.
Did you know, according to a study, businesses are looking to lease as high as 29 million sq. ft. office space between 2022 and 2024.
OFIS Square has multiple such solutions to help your business find the right office space. These managed office spaces offer the perfect combination of flexibility and professionalism along with a host of amenities to enhance your experience. Hence, they are an ideal choice for every type of business.
What are Managed Offices?
When commercial real estate is leased to a company (start-up or large corporation) to carry out its business operations without any modifications, it is known as managed office space.
Managed office spaces offer you the liberty to decorate your office space the way you want. It is a rather contemporary concept, enabling you to reflect your business image through the aesthetics of the office space. What draws more businesses towards this office space solution is that it offers them a professional workspace while eliminating complexities like improper contracts, poorly designed office spaces, lack of basic amenities, etc.
Advantages of Using Managed Offices Spaces
Managed office spaces tag along the following benefits:
Promotes High Productivity
Managed office spaces that feature break rooms or recreational areas might boost employee morale and promote greater productivity. Handful managed office spaces also take care of boosting the work environment by taking the responsibility of efficiently managing the lighting and ventilation facilities.
Is a flexible Option
When you go for a managed office space, you get the full freedom to customize the space just the way you like. You can choose the color pattern and style that matches your company’s theme.
Moreover, you get to select the type of seating arrangement you want. For instance, you can choose connected desks if you are working with a small team and opt for a different set-up if you need to encompass multiple team members.
Offers Scalability
The agreement and overall idea of managed office spaces differ from conventional workplaces. Managed office spaces feature scalability in terms of the office size and the lease contract.
You can choose the space that you need and pay for the same. Simultaneously, you are in control of the tenure of the agreement as well. And, if you want to expand in the future, you can easily find a similar space nearby and turn it into an office of your own.
Accelerates Networking
One of the main reasons behind the idea of managed office spaces was to promote high networking within the team and up to the management level.
Now connecting with other people in the same field is a lot easier. Finding new connections in the same industry is what managed offices’ shared workplace is all about.
Renders Professional Support
Starting a business or consistently continuing the one you have built is challenging enough, and you would not enjoy additionally dealing with administrative and miscellaneous issues.
Moreover, if you are just starting your own business, you might not have the budget to hire full-time administrative staff. In that case, managed office spaces take care of issues like this and render professional support on the forefront, as and when required.
Shortcomings of Using Managed Offices
The only shortcoming of using managed offices is that the transition to a managed office might be slow, as it is a time-consuming process. Moreover, it does take some time to customize the office as per your business needs, and that includes a high upfront cost.
How Are They Helping Businesses To Have a Professional Working Space?
Managed offices help businesses to enjoy a professional working space in the following ways:
Customization
The business organization leasing the place has the maximum say in the design and arrangement. Tenants can lay out designs that inculcate the company culture, and employees feel belonging. For instance, at OFIS Square, we offer the following features –
- An ergonomic and modern office space
- Tech-enabled meeting rooms
- Video studio and movie theatre
- Collaboration room
- Conference and board rooms
- Collaboration room
- Secure and private cabins
- Recreational spaces, cafeteria, and kitchens
Premium Location
Managed offices are located in selected places where businesses will benefit from networking, connectivity, and competitive advantage. Ideally, these offices are located in areas where most of the offices are, so they are well-connected and easy to reach.
Amenities
Some amenities managed offices offer include cutting-edge technology, IT support, spacious lounge areas, efficient seating arrangement, maintenance services and administration. So, as a business owner, you don’t need to keep all these aspects in mind and get quick support when needed.
Simpler Accounting
All costs are included in a single invoice which tenants pay every month, eliminating all hassles of other recurring payments. Furthermore, it reduces the hassle of paperwork and paying multiple people to do the job for you.
Cost-Effectiveness
It is a cost-effective option as you don’t need to bear any high leasing costs and pay as per your use. Also, it eliminates overhead costs on office maintenance and administration. Besides, it’s up to you how you decorate the office and how much you want to invest. So, you can plan as per your budget.
Parting Thoughts
To conclude, it is fair to say that managed office spaces encompass all the critical tools required to drive a growth-oriented business forward. The features of managed offices make them the perfect solution for companies looking for flexibility and professional support. Moreover, its less-rigid lease structure makes it the best suit for start-ups and small and large businesses.
