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> Is an Office Business Center Right for You?
What is an Office Business Center (OBC)?
 Why
Choose an Office Business Center?
Office Business Centers are shared office facilities, which are fully
equipped, staffed and furnished. For a monthly fee, clients receive the
use of an office or offices, with necessary services such as telephone
answering and office management. They also share common areas, such as
reception, conference rooms and pantries with other clients in the facility.
Additional services such as faxing, copying, courier, administrative support
and IT support are generally available and are billed as used. These facilities
are also known as executive suites and/or serviced offices.
Your office environment plays a major part in determining how you and
your business will function, what people will think of you when crossing
its threshold and what levels of energy and enthusiasm you will bring
to your work. Office business centers are a compelling alternative to
home and traditional offices because they combine the positive image of
being in a first-class building with the budget-friendly appeal of sharing
the cost of administrative personnel, conference rooms and state-of-the-art
technology that businesses need.
In order to make an informed decision about whether or not an office
business center is right for you, you need to understand the differences
between Serviced Office Space/Executive Office Space at office business
centers and conventional commercial office space.
Conventional Commercial Office Space
Price per square foot includes:
Additional costs will include:
- Increased Insurance Charges
- Telephone Systems
- Internet Connections
- Building Operating Expense Charges with Regular Increases
- Maintenance Charges
- Electric Charges
Additional costs can include:
- Build Out Charges
- Furniture
- Copy Machine Leases
- Parking Limitations
Items you will not receive:
- IT support
- Administrative Support
- Collegial Atmosphere
- Large Reception space
- Multiple Conference and Seminar Room Venues
- Facility Management Support
Intangible items to consider:
- A small space user does not receive the attention from a building
landlord that a large space tenant will enjoy. As a client of an office
business center, you receive all of the advantages of a large space
tenant.
- Every business person must determine the value of their time. If your
business model is as effective if you spend time on office setup and
vendor and facility maintenance or if you will be as productive if you
handle your own administrative requirements, then conventional office
space may work well for you.
- If you find that hiring, supervising and training staff as well as
dealing with HR issues that arise does not interfere with the “business”
of your business, then conventional office space may work well for you.
- You will be locked into a longer term lease and vendor contracts
The Private Office -Office Business Center – Serviced Offices/Executive
Suites
Price per square foot includes:
- The Office Space
- Reception Space
- Multiple Conference Room Venues
- Pantry Space
In order to make an accurate comparison on a price "per square
foot" basis, you need to compare all of the facility space that
you can utilize within The Private Office, and not only the office size
itself. The space of all of the above listed areas should be included
in this calculation.
- Telephone System, VOIP or Digital
- High Speed T-1 Internet Connection
- Initial IT Support and Setup
- Furnished Office
- Facility Support Via On-Site Management
- Reception Support
- Mail Delivery
- Office Set Up
- Access to High Speed Copy Machines
- Pantry Space Including Coffee Machine, Water Machine and Refrigerators
and Microwaves
- Free Parking
Additional costs can include:
- Administrative support on an a la carte basis
- Telephone answering if desired
- Use of large venue seminar rooms
- Additional IT support if needed
- Cost per copy – extremely competitive rate
- Unlimited phone call package at competitive rates
Intangible Items to Consider:
- Hassle-Free Work Environment – you can walk in and start working
on day one.
- Shorter Term Contract Commitment
- Less Vendor Contract Commitments
- You are able to focus on your business and have The Private Office
handle facility and staffing issues.
- IT Support at your service. We can help you plan your IT setup and
assist in the implementation
- You enjoy the benefits and attention that large tenants in the building
enjoy.
- Make the right impression on clients because “First
Impressions Last”
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