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From co-working to serviced or managed – how do you choose the right space to help your business thrive?

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Ciara Keeling

Choosing office space isn’t as straightforward as it used to be. Businesses face an increasingly varied range of workplace options when seeking out a first home or looking for bigger space.

The workspace market has evolved in recent years to offer greater flexibility, agility and scalability. There is a workspace to suit everyone. However, while coworking has become something of a buzz word, less is written about serviced offices and managed offices. Both can offer considerable benefits to businesses, but what is the difference between the two and how can you tell which is the right fit for you?

There’s certainly more to serviced offices than the name suggests. A serviced office is a fully equipped, enabled workspace that provides businesses with everything they need, incorporated into one monthly transparent bill.

With serviced space, occupational costs, utilities, maintenance, internet and cleaning is all included – which can make it a particularly effective solution and one that facilitates easy-budgeting. As part of the serviced office package, businesses also benefit from on-site reception staff who can take care of greeting visitors, taking phone calls and handling mail; reducing the risk of resource stretch.

Serviced space is also a great option for evolved businesses or medium to large enterprises who require flexibility and readily available office space. Our serviced suites are offered on a pay per desk basis with rates in Manchester City Centre starting from £350 per month and customers can sign-up for as little as six months.

So what types of business are serviced offices best suited to? They have broad appeal and will work for freelancers and entrepreneurs, international and mobile workers, project teams, small businesses and large companies alike.

Businesses choosing a serviced office in a Bruntwood building benefit from access to a range of high-quality amenities and communal areas. Take our 111 Piccadilly building in Manchester city centre, for example. Comprising a variety of different workspaces it provides all customers with access to a communal lounge, kitchen area and refreshments as well as managed programme of events and activities as standard. It’s a great way of stimulating collaboration and helping businesses to network with their neighbours.

But what if your business has evolved to the point that it wants to invest in a more permanent space and you’re looking to influence the design and fit-out, while not yet being at the point of committing to a long-term leased office? This is where managed offices come into play.

Managed offices are a great bridge between a serviced office and a leased office. They are perfect if you want someone to take away the hassle of running an office, but also want the ability to create your own space.

With managed space you get your own office, on a flexible lease, but it will be expertly designed and managed by your office provider who will work in conjunction with you to achieve the desired look and feel. You can pick and choose what you’d like to handle yourself, and which services you want to be handled for you, giving you have the autonomy to mould your workspace to suit your business.

Managed offices work for companies of any size wanting an office that’s perfectly suited to their needs. As with serviced offices flexibility is all important as is the ability to manage costs and is why, at Bruntwood, we focus on creating tailored packages for customers that include the services they need for a single monthly fee and contracts from as little as two years with no up-front investment.

Of course, when it comes to workspace, what suits a business today may be totally inadequate in three years’ time. Your serviced office may evolve to become a managed office in the not too distant future, so basing your business in a building that allows for quick and easy scale up is always worth bearing in mind.

June 4th, 2018

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