The rise and popularity of the serviced office sector has been a major disruptor in the market, giving small companies and sole-traders unprecedented opportunities to take space with fewer strings attached.
But businesses are all different in their own ways, with a diverse range of requirements and ideas about the perfect office space. Short-term space with no commitments might be ideal for some, but not others. So where do you draw the line? How do you know what’s right for your business? We’ve prepared a handy guide to help you decide.
The UK market has become so advanced, especially in London, that within the serviced sector alone there are now a whole range of options. But the big decision is whether you want to take your own private space within a larger serviced office building, or you’re willing to share an open-plan, hot-desking environment with other companies.
There are plusses on both sides. We’ve done you a quick summary of the shared space v private office dilemma .