Growing a business is every entrepreneur’s priority and in today’s time, the serviced office spaces are very mightily considered as a trending work style which is spicing up the work culture in the corporates. Needless to say, they are getting extremely popular in the present times. The trending concept of the shared working which is gaining rapid momentum in a serviced office setting with world-class facilities has several benefits which positively catalyzes the growth of your business.

If you are a home-entrepreneur, freelancer or solopreneur, you would certainly prefer one of the best coworking spaces, as by now they have very well proved to weave immense magic to the overall productivity in your business. Moreover, if you are a startup entrepreneur or owning an established business aiming to improvise the corporate work culture can adopt the best-serviced office spaces for the ultimate resort. The state-of-art serviced offices help the businesses in growing at the right place in order to keep up with increasing competition in their respective industries. The best parts of the serviced offices are that businesses get the feeling of community and autonomy by operating from these workspaces.

Here is a compiled list of the most obvious benefits of adopting a serviced office which would directly or indirectly help you in growing your business.

1. Cost cutting on the operational expenses- Irrespective of the fact whether you are a small or a large business, opening a new branch proves to be very costly and is a tedious affair. No matter whether you a taking a private office for lease, rent or purchase, it usually proves to be heavy on the pocket. There are also considerably big expenses attached to the improvement of the aesthetics of the concerned work environment, then set up a Wi-Fi and several other miscellaneous expenses that includes the payment for the building’s security, cleaning, and house-keeping etc.

You now have the option of skipping all the heavy expenses by opting to choose a serviced office space for operating your business. By doing so, you would be able to save considerably on the additional costs as you would be liable to pay only for that much which you are using. Additionally, while operating from a serviced office space, you will certainly have a feeling of operating from your very own autonomous office along with your team. The furnished office spaces also offer you several great facilities like a professional mailbox address and also a private workspace dedicated only to your usage 24X7.

2. Potential of meeting new clients- As you opt to operate from a dynamic office complex where other businesses are also operating from under the same roof, you would certainly have increased potential of meeting new clients and associates. You may keenly consider the scenario where your business is all about digital marketing and you are operating from a shared office environment from where a new publishing house is also operating and is looking for an expert team of social media experts who can manage their social media duties. As they are watching your work closely, it is most likely that they would approach you for your services.

Also, there are instances that the businesses operating from the serviced office spaces may appreciate your work very much and refer your services to their clients. For example, if your business is about offering PR solutions and if you are sharing a shared office with some management consultancy firm, then there are strong chances that the management consultancy team would refer your PR services to their clients. Also, as you are operating from the same office as the management consultancy, there are high chances of meeting the prospective clients directly and close deals then and there.

3. Problem-solving can turn out to be easier- The furnished office spaces are known for bringing in multiple business organizations under one roof and they operate from the same office. You as an entrepreneur often need to make difficult decisions or solve issues. There are several seasoned and intellectual professionals who operate from the same office and you can take the liberty of discussing your issues, brain-storm and seek suggestions at times. For instance, if a company dealing in consumer products is struggling in sending mailers or developing an attractive subscription plan, then the same company can seek the assistance of a technology-based company which is co-located can assist in solving the issue efficiently and in no time.

4. Providing support mutually- A lot of marketing and promotions are required for the startups. The serviced office spaces provide you with several opportunities to co-work with multiple other startups which is a great support. You will have an opportunity of availing support services like attending corporate parties for networking, getting catering services through barter system, mutually promoting each other’s businesses via social media and other platforms. These all exposures are beneficial for the entrepreneurs both on the personal as well as professional fronts.

5. Availing professional reception services- While you opt for a shared office space, you receive the professional reception services as the part of the package. This saves a lot of your money as you do not have to hire a receptionist separately and your clients and associates would be delighted to receive the professional reverts from the receptionist whenever they try to contact your business.

All the above benefits very strongly indicate that opting for a shared office would indeed help you in growing your business. So, if you are still operating from a home office or from a private office in a non-posh and non-commercial area, then consider opting for a shared office with a prestigious business address and feel the positive differences all by yourself.