Business & Finance Renting & Real Estate

Managed Offices: Best Alternative For High Rents

A good and affordable office space in a prominent location- it seems impossible to get an office that qualifies these three basic criteria that we set. If location and office is good, rent will be beyond the budget, if the office and rent is good then you will have to compromise on location and if both location and rent are what you are looking for, then you might not like the office.

Though this is not mandatory but invariably this is what happens with us. One way of meeting all these three basic features is by going for managed offices.
This is neither a posh and complete set up like serviced offices nor a bare office space like a bought one. Managed offices come with basic amenities and no services. You can furnish the office according to your requirement and budget.
Thus, it will be completely on your will whether you want to spend a lot or little. This is also a good option for offices that deal with creativity like boutiques, fashion houses were dresses are designed, photographers" office and gallery and so on. With basic features that are required for any office like telephone and internet connections, terminals etc, rest can be designed as per your desire. Managed offices do not come with upholsteries, furniture or clerical and technical support team. So, if you don"t need them you don"t need to pay for them either. Also, they do not come with meeting venues and rooms, conference rooms, apparatus and devices for video conferencing etc. To conduct meetings and conferences, you will need to buy them at your expense.

Managed offices lie somewhere between the conventional offices and serviced offices. Like conventional offices, it does not come with additional facilities, machines, or dcor. And like serviced offices, they have short term simple contract with little legal jargons and the lease agreement is of one page only. So, if you are not happy with this arrangement you don"t need to think hard about the lease breakage. Short term contracts give you flexibility to move your office to a different place in little time.

However, the most underlying difference between these two types of offices is their rent. Since serviced offices are equipped with everything that is needed to run a modern day office, rent includes the fees for all these facilities and amenities. Whereas managed offices come with few handful features.

Though you will have to fish out quite an amount to furnish it, yet it is economical as you can equip it according to your requirement. If you are seeking help of some real estate agent you can brief them about your need. This will help you get an office of your choice in little time.
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