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          allow you to move to a larger office, potentially   managed office.
          in the same building, allowing for a fast
          and seamless transition. That makes future          With a standard office rental, you’re paying for
          expansion easy and helps you control your           a completely blank canvas - just the space,
          costs in line with your income.                     and nothing more. This then leaves you
                                                              responsible for everything required to turn

          3. There’s next to no downtime                      that empty space into a functioning office,
          The last thing you need when moving into a          including the set-up, utilities and furniture, and
          new office is a lengthy delay in operations         filling it with all the office equipment you need.
          while you set up your space. That’s something       What’s more common is to rent either
          both serviced and managed offices can help          a serviced office or a managed office,
          you with.                                           particularly for small and medium-sized

                                                              businesses. This approach requires a lower
          In a serviced office, everything you need will
          already be in place, so you can move in and         initial investment and allows you to get up and
          get to work immediately. Your office will be        running more quickly. But what’s the difference
          furnished and pre-cabled, with internet and         between the two?
          telecoms included in your serviced office
          package. You’ll usually be expected to use          Serviced Offices
          your own computer equipment in a serviced           A serviced office is a workspace you rent that
          office, so you may have to spend a few              is all ready to go. The space is fitted out to the
          minutes setting it up before you can get down       provider’s specifications so you can simply
          to business.                                        turn up and start working.

          Like a serviced office, managed offices             contracts on serviced offices are typically
          are also difficult to beat when it comes to         very flexible and available on a short-term
          maintaining the continuity of your operations.      basis (usually one to 12 months), and often
          Once you have chosen how you want to                include additional facilities that are built into
          configure your office, your managed office          your monthly rent. These include reception
          provider will do the customising while you          staff, clerical support, Wi-Fi and the use of on-
          continue to operate from your existing              site meeting rooms. In a serviced office, you
          location. As a third party is doing all the work,   typically pay per desk.
          you can set up a managed office more quickly
          than a traditional office space, which means        Managed Offices
          there’s little to no downtime when moving in.       A managed office has similarities to a serviced
                                                              office, as flexibility is built into the lease
          Choosing Between Serviced and                       and the office is operated by a third party.
          Managed Offices                                     However, while you have to take a serviced

                                                              office as you find it, a managed office gives
          There are three different ways you can rent         you the freedom to tailor the space to meet
          office space for your business. You can go for      your business’s requirements.
          a standard office rental, a serviced office, or a





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