As part of figuring out the best location for business, choosing the right office type is one of the major struggles businesses often face. Depending on the size or industry, small to medium enterprises (SMEs) have specific needs or cater to a specific audience. With this in mind, here are the usual types of office spaces used by different businesses.
1.) Home Office
By now, everyone probably already knows about Apple’s rather humble beginnings. The legacy of the late Steve Jobs got its start from the garage of a modest house in 2066 Crist Dr. in Los Altos California. It is a great representation of the struggles a company can face in its early days when it comes to space. Fortunately, there are better options for those looking to start their own businesses in this day and age.
With telecommuting and digital nomads on the rise, it is now possible to run a business entirely from home. Several tools and options exist for building a personal E-commerce store and collaborative tools like Google Docs make it easy to coordinate with other people without being physically present.
With this in mind, there are still several limitations for building a home office. For one, it is hard to meet directly with customers should the need arise. Then, there is the possibility of expansion and suddenly, space may not seem big enough anymore.
2.) Private Offices
Also known as the traditional office, private offices offer a lot of privacy for employees and owners alike. There is room to take calls or have one-on-one meetings without having the distractions of background noise. For businesses dealing with sensitive information like financial services or law firms, the traditional office environment works best due to the confidentiality of operations.
Assuming the business will not be renting a space in a building, setting up a traditional office can be costly. Equipment purchases alone can really eat away at the budget and this may not always include maintenance and long-term support. Then there are several certifications to seek out to prevent hazards in the workplace. In addition, the layout of most private offices generally limits the number of people working in a given space. Cubicles can be employed as a cost-cutting measure but then there is still the problem of noise.
Finally, most traditional offices require a multi-year lease of around 3-5 years. For a new business starting out, the cost alone can be very steep.
3.) Open Office Spaces
Usually employed by creative-type businesses, shared office spaces bring together multiple professionals in one big, collaborative office. Facilities and equipment are shared and a community vibe is generated among staff. An open office encourages communication. To this end, it usually does away with barriers like walls and cubicles. It is generally a self-managed environment which lends well to a dynamic exchange of ideas. Lastly, it tends to be space-efficient as it is easier to seat multiple people in rows or on a big table rather than providing individual cubicles.
Of course, not every business is suited to an open office. As mentioned above, companies that deal with confidential information will need the extra layer of privacy granted by a traditional setup. The workplace noise is another issue as well for individuals who prefer to work in silence.
4.) Serviced Office Spaces
There is the option of seat leasing for small businesses looking to get their own space. This option is technically classified as a serviced office. Depending on its inclusions, a serviced office can provide the benefit of both a traditional office and an open office.
Businesses renting serviced offices generally do not need to shell out funds for equipment. The vendor provides the necessary equipment like workstations, computers, and a fast internet connection. In addition to this, they also receive support from the vendor’s own IT and maintenance teams for troubleshooting concerns. Most places also come with meeting rooms where businesses can discuss strategies and make decisions privately.
Aside from just providing for a business’ corporate needs, a serviced office also provides amenities like a well-stocked pantry and break room, a lounge, and sleeping quarters for employees as well. Furthermore, trusted vendors are also PEZA-certified and GDPR compliant, ensuring tax benefits and robust data security measures in place. Their terms are also flexible, making it appealing for small and large businesses alike.
For businesses interested in renting a serviced office, you can talk to us here at Anderson Group BPO, Inc. We offer you flexible office deals at three central business districts namely, Ortigas, Mandaluyong, and Bonifacio Global City. Book a tour with us and get a personal feel on how an efficient serviced office runs as well as the amenities it can provide. Contact us today!