When researching the best type of office space for your growing business it can be easy to think that a commercial lease is your best option. However, executive suites offer many advantages over commercial leases that can save you time and money leaving you free to expand your business without the distractions and headaches that come with commercial leases. Here are just a handful of the many benefits that come with choosing an executive suite.
Ability to Get Started Quickly
When you’re working towards growing your business, or taking it to the next level, time is extremely important. When you sign a commercial lease you will have a lot of work ahead of you before your business is ready to go. You’ll need furniture and you’ll have to be sure that the building is well maintained and ready to go with electricity and other mundane, but important, considerations. These will also be an added expense, on top of the already expensive terms of the lease itself, which could really inhibit a small or newer business.
With an executive office suite your new office or professional work space is ready from the minute you walk in the door. No need to worry about furnishing your business or making sure the plumbing and electric is turned on before getting down to your real work. With an executive office you can get your business up and running in a matter of days or possibly even hours.
Flexible Lease Terms
With commercial leases your terms are often set in stone and there is no flexibility in that regard. This can leave you in quite a bind if your business grows more or less quickly than you anticipated. If your small business suddenly outgrows your three year lease in one year or if your larger business needs to downsize you’re stuck until the term is up. This can end up costing you a bundle in lost time and money over the course of the lease.
With an executive suite you can use it for as long as it suits your needs. You can also expand or shrink your office space to whatever you need, whenever you need it at a fraction of the cost of commercial leased office space. This flexibility will save you time and money in the long run and will ensure the fact that your business gets off on the right foot.
Up-to-date Technology to Take Your Home Based Business to the Next Level
When you lease commercially you are responsible for all the technology and equipment that your business might need for the length of your lease. This can be quite an expensive investment when you’re only just starting out or trying to quickly expand your business. Technology also becomes outdated quickly and if anything malfunctions or breaks you’re responsible with getting it repaired or replaced as quickly as possible.
Taking care of your business’ technological needs may be something that’s fairly easy for a large, well-established business but for small businesses or businesses just starting out this can be a difficult and expensive responsibility. With executive suites you will have access to all the latest technology immediately without a hefty investment on your part. You also will have no need to worry about expensive repairs or replacements if things malfunction or become outdated. All of that will be handled by the office administrator leaving you to worry only about your work at hand.
Executive office suites are an excellent option for any type of business but offer immense benefits for small businesses just starting out or looking to expand. If you’d like to take your business to the next level but don’t want to sign a long, inflexible lease or spend a fortune than be sure to look into the many benefits of an executive suite. You’ll be glad that you did!