Misapprehension of the serviced office industry?
January 30th, 2008 | by Simon RattrayPart of the raison d’etre of Choregus was to increase awareness and understanding of the serviced office industry. That includes the relevant services, such as serviced offices, business centres, virtual offices, meeting rooms etc. We also aimed to dispell some of the myths about serviced offices, that is that they were only utilised by large, multi national corporations who can afford the manned receptions and swish interior. But above all this one of the most prominent myths is that a serviced office is more expensive than buying a commercial property and using your own staff and paying your own service costs. (See this example from Mwbex)
This morning we found this article buy the GSC or Global Security Challenge which is an example of this misunderstanding in action. Although they do point out that the article is supposed to be “slightly humorous” you kind of get the feeling that they are serious in what they are saying.
First gripe…..
“there is no clarity of search in London. Here there is no central location you can turn to in order to see everything that is available in the market”
This is asking the ridiculous, do you go into an estate agent in London and get to see every house on the market?
Second….
“Unfortunately we´ve been told that we are looking for space at the wrong time”
This could nt be further from the truth. Prices have been falling since the middle of last year due to the credit crunch, especially for buyers!
Thirdly….
“when services are involved the flexibility is increased but the prices skyrocket”
(see earlier comments)
Finally…
“How much of a burden/time spent is office expansion for a start up?”
Setting up an office is never a painless tasks and will almost always inherently have complications. BUT…it is a lot easier nowadays, there is a flexibility, choice, help, advice, options….
We would love to hear from any start ups / office providers as to what they make of this?


