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With traditional office leases, the owner/landlord may begin to offer more free rent periods in the hopes of ensnaring businesses that see this as a counterbalance for the higher-priced, restrictive leasing terms.  Unfortunately for them, in a year when the office market could very well reach record lows, they will be stuck in the same economically undesirable leasing agreement while their competition that have opted for trying out a short-term office solution like serviced/managed offices will be able to enjoy forging new rental agreements that exploit the adjusted market prices.  Imagine that the company with the traditional office is in the same market, and same area of business as the serviced office—it’s not hard to extrapolate the result of one company having a huge financial and flexibility benefit over their rival.

While not every business will benefit from short-term office solutions, it certainly remains the least expensive, lowest-risk alternative option for testing out new business locations, avoiding restrictive leases, and freeing-up revenue for the rough economic ride that many companies are in for as the full-effects of the possible recession come to fruition in the years to come.

Unique Victorian style buildings make fantastic offices for several reasons. First of all, your office should say a lot about you and about your business. You truly want to be sure that when someone walks into your office building, they feel like they are walking into a place that is professional, neat, and vastly different. Let’s face it, there are loads  of office buildings all over the area, and there are also loads of businesses. One of the most important things that you can do for yourself and for your business is to make sure that you stand out from the crowd. Having your office in a unique Victorian style building can do that. Not only will your customers and clients be able to remember the name of your business, but they’ll have the actual office building stuck in their minds. You can stand out from the crowd in this way, and so can your company.

It isn’t hard to find managed offices in Soho or managed offices in London. However, it is hard to find buildings that aren’t just like everyone else. Whether your business is hip and artsy, or whether it is professional and refined, the Victorian style buildings will add to the general appearance of your business, and help you to gain customers.

Customers and clients want to visit a business or office that is clean, beautiful, and unique. Don’t simply settle for the same old office space that everyone else is offering. Whether you want serviced office North London complexes, or whether you want office space London Central complexes, choose a company that will offer you the same great selection ,the same flexible offices in London, and the same deals – but with the added charm of the beauty  and excitement of Victorian style buildings. Your office says much about you – and these exquisite buildings will help you say even more. The buildings aren’t marked in any way ,which means that you can truly use them to make a mark on your particular industry with the offices that you’ll have there.

There is much competition in the world today, so be sure that you are providing yourself with the best offices possible. Don’t settle for offices that are the same as everyone else. You want what’s modern, what’s up to date ,but also an office that will help you explain to everyone just what you are about. You’ll be surprised to see how well you’ll be received if your office is in a unique and Victorian style building in Soho or London. Remember, what is on the outside might not reflect what is in the inside – but why not have the outside make you look very good as well?

Particularly with serviced offices, Soho creates an unrivaled location for a new start up or small business to create a unique identity to associate with their corporation.  As serviced offices in London go, the Soho area is very attractive for any new start-up, especially so for media/marketing firms.  As companies like Expedia and the English Football Association make their office homes in Soho, so do those businesses that thrive on the clients provided by the large wealth of cultural hotspots that make up the Soho area. 

Oxford Street, located on the West End, is world famous for the Oxford Circus and Tottenham Court Road offerings, and is littered with bistros and bars all within a few minute’s walk of office spaces.  In Leicester Square, many corporations claim the area as the centre of business for the entire Soho area due to a large array of creative culture, travel links, the low property costs, and excellent options for serviced London offices that exist there.  Regent Street is also part of the West End, situated near the very centre of Soho itself which lends well to attracting a vast amount of new clients for media-related businesses.

It’s becoming increasingly hard for large companies to secure loans for expansion plans that were planned before the credit crunch hit the world’s economy.  In addition, smaller corporations and start-ups may be unable to generate the initial capital needed for traditional office solutions.  A recent Cushman and Wakefield survey listed 25% of all businesses in the UK were actively seeking to reduce the amount of office space they require—20% of businesses simply intended to move staff into one location, while 10% simply sought cheaper office solutions (including a search for more energy-efficient locations as opposed to aging buildings with high electricity/utility costs).  Every one of these businesses would find the answers to their problems (and other additional cost-saving benefits for both short term and long term concerns) by seeking out options in serviced offices.

For large businesses that are locked into lengthy, expensive leasing agreements, a shorter term is the simplest solution in order to reduce occupancy costs.  Small and start-up businesses have the flexibility to realize maximum growth of company size while dedicating only a minimum amount of resources and expenses for the initial capital on shorter-termed lease agreements with serviced offices.  Fully-furnished telecoms and IT infrastructure takes out most of the other concerns that may halt a fast realization of revenue for new businesses, and provides an easy alternative for expansion projects with bigger businesses who are trying to find a way to make their plan work in rough economic climates.

With each unique corporation comes a unique set of risks and gambles associated with a consolidation effort. While short-term offices are not always the answer, it always presents an alternative towards continuing to hemorrhage funds with an undesirably strict conventional office leasing agreement. A number of companies use temporary serviced office solutions for aiding in expansion efforts, in between nailing down ideal properties especially at times like the present where companies are faced with wildly uncertain office market property values. Signing a lease today for a multi-year agreement that tomorrow could vary by significant term according to a fluctuating market standard presents such a risky business venture that a short-term option almost always makes more fiscal sense.

In addition to securing a more financially-viable rental agreement with an option to expand in the future, short-term offices allow almost limitless freedom in relocating to an ideal business area. The importance of this benefit cannot be overstated, especially for those corporations that are involved in client-heavy relations where a prestigious business address could be a difference maker in closing deals and generating more profit. Whether consolidating as a preemptive move or a way to exploit decreasing property costs, businesses serious about financial success in troubling economic times may find unforeseen benefits within short-term office solutions

Short-term offices are good alternatives for both a smaller business hoping to avoid start-up hurdles, as well as the larger corporation that needs a flexible alternative for office property needs.  Serviced offices come fully-furnished with office equipment and reception staff depending on the leasing agreement. This takes out one of the bigger initial concerns for most start-up business owners who would rather deal with more pressing business decisions than be forced to manage the telecoms/IT infrastructure, handle office furniture orders, or devote time to filling support staff positions.  Using serviced office providers also gives a new business the flexibility of safely entering a shaky marketplace without being bound to a lengthy lease if the unfortunate happens and their business endeavor fails to take-off after a few months.

For the successful start-ups, short-term offices are easily expandable to accommodate any future changes in company size, thanks to the shorter rental agreement.  The fact that relocation to a more prestigious business area is a simple phone call away is yet another advantage, unlike those corporations who are locked into an undesirable business property with a multiple-year lease.  Large established corporations that are looking to escape their inflexible traditional office spaces can also take advantage of short-term offices to exploit constantly-changing office property values.

It’s this shift in power from the landlords to the tenants that has created an ideal opportunity for an alternative means of finding office solutions.  Instead of submitting to restrictive, multi-year terms offered on properties that are must-have locations for many businesses, the better option is to research a managed or serviced office alternative.  Exploiting the ability to rent for months at a time, instead of being locked into traditional office leases gives a company more power to focus their efforts on staying successful in times of economic change.  The power shift to tenants is best realized in these short term office solutions, where prices reflect current market values (unlike traditional offices), flexibility in rental terms exist (unlike traditional offices), and the freedom of selecting from a wide spectrum of ideal business locations without concern over high upfront costs or credit/reference checks can be realized (ibid).

It’s time for corporations to accept the mantle of power that the credit crunch has passed to them in terms of their office solutions.  After all, the only route that exists for businesses to take which leads to prosperity in these turbulent times is the one they have the freedom of navigating themselves.