In a world that’s so dynamic and where businesses need to adapt to the changing environment, entrepreneurs need to focus on the ‘real tasks’ instead of looking after the construction or maintenance of the workspace. With the managed office space, you just pay a single monthly fee and the responsibility of managing the office entirely goes to the space provider.
Also known as bespoke offices, the design and layout of these workspaces can be customized to the client’s requirements. It’s a comprehensive solution that covers everything from finding the location and constructing the space to taking care of every little thing.
Similar to coworking spaces, managed offices also charge monthly fees and offer flexible terms. The only difference is that they are tailor-made workspaces and you play for the entire office and not per desk. The client is in charge of the design, aesthetics, branding, front door and all other details.
The amount of time saved by outsourcing the management of the entire space to a third party can be well-utilized in core agendas and employee wellness. The benefits of this setup are attractive, even established corporations are shifting to managed spaces in both metro cities and tier 2 cities.
Is Managed Office Right For Your Business?
With managed office spaces, businesses get the infrastructure and support they need while being free from the stress of property ownership. They can choose the layout, customize the design and do branding how they like while the space provider maintains world-class standards.
But the biggest catch of this workspace solution is the cost-effectiveness. There’s no need for heavy capital investment because businesses only pay for the services they use. At any given point, the client can request adjustments or even put the membership to an end, unlike traditional office leasing.
Besides, managed spaces are not limited to any specific type of business and can accommodate various corporate styles and preferences. From startups to big corporations, anyone who needs an office that has a personal touch can go for this service. From front door to coffee mugs, do as much branding as you want.
Lastly, these offices also promise comfort and continuity by providing necessary services like fast internet, uninterrupted power supply, meeting rooms and housekeeping staff. These amenities make it easier to focus on core tasks and create a seamless work environment.
What Are The Benefits Of Managed Office Spaces?
As much as they are fancy, modern and creative, these office spaces have a lot to offer to the clients.
Flexibility
One of the biggest luxuries in business today is flexibility. If your business is active and vibrant then such a setup would be great as you can get it changed as and when you like. Change a spot or the entire room and enjoy the freedom of being dynamic. Since managed spaces are usually leased for a short period, they are preferred by companies with expansion plans.
Work efficiency and greater productivity
You can put more effort into tasks that need your concentration than losing your time in regular maintenance and petty repairs. Since the office is managed by a third party, you are free from the burden that most entrepreneurs are loaded with when they buy/own an office. This only adds to the productivity of the place since employees are efficiently working on better tasks.
Easy relocation
Conventional offices take a lot of time to set up how you want and this can be very daunting and as opposed to them, managed office spaces can make your life easier as they would need a few weeks for you to move in. You can move to a workspace in a prime location by just contacting a space provider who can get everything done for you and start your operations.
Cost-effective solution
The outsourced office solution is affordable in comparison to the conventional offices. You pay one fixed amount every month till your membership which includes the utility bills and housekeeping services plus everything is taken care of by the space provider themselves.
More chances of networking
Every business and business owner needs at least some basic level of networking to keep going. There can be chances that you get neighboring business owners entering your premises for small talk. Having a proper and organized work area gives you confidence when you have people over. It gives a healthy impression of you and your business on the one walking in.
Scalability
The option to scale as per the requirement of your business is not offered by traditional offices. You can always change the size of your business according to the current situation because provisions can always be made for the requirements. Having the ability to scale your business in a commercial area like Noida can be made easy by signing up for managed office space in Noida.
What Type Of Businesses Are Managed Office Solutions Best Suited To?
Managed office service has become a cost-saving tactic where the companies can establish themselves physically without actually managing the workspace. The cost saved with this service is used for more important matters in the company thereby adding to the overall productivity. Not just small and medium but huge brands are opting for managed offices. However, the solution is best for the following industries:
- IT companies: The highest demand for managed offices comes from tech-based companies because of the fast-paced environment and the hustle-bustle inside.
- Unicorn companies: Because these companies go out of their way to provide the best environment and facilities to their employees, they need perfectly managed large dimensional spaces. BOPs and KPOs are such examples.
- Entertainment sector: Companies in this segment look out for creativity-inspiring offices that cannot be offered by traditional properties.
- Customer service sector: Since they work majorly on calls, they need a setup that doesn’t disturb the calls with the background noise of other calls and the clients feel heard too. This distraction-free arrangement can only be done in a managed office space.
How Do I Find A Managed Office?
The process of hiring a managed space is very convenient and the result can be just wonderful if you hire the right service provider.
- You search for and pick up a service provider who then interviews you and asks about your company requirements and tries designing the perfect model for it.
- Once the model is ready, the hunt for the right property starts considering your (client’s) needs.
- After the property is finalized, negotiations are done with the landlord for leasing the space.
- Now when we have the property and lease agreement with us, the designing part begins. The aesthetics, décor, interiors, furniture, fittings and other things are then out to action.
- The process doesn’t end here. When the client moves inside, the other important requirements of housekeeping, hospitality, security etc and then taken care of.
Conclusion
Considering a managed office space can be very beneficial for your business in the long run, especially in terms of money. Managing an office is a hassle that a business can do well without and can put the saved cost and efforts in a better place.