Rapid Growing of Coworking Space / Serviced office is today’s global hot topics in recent Hong Kong property market.
Despite the global economic downturn recovery in the past two years, serviced office / Coworking Space industry has continued to burst. The business center offers a one-stop solution that is not only fully configured and ready for use, they are also suitable for a lot of startups, SME or large international institutions.
Why Use Serviced Office / Coworking Space in 2021?
1. Business Centre makes Startup easier
Serviced office / Coworking Space is ready to use, companies can start doing business without too many concerns on office equipment or employment issue. Save all your time on business.
2. Cost Saving in Office Rental
No decoration costs, no expensive monthly rent, no utility cost, no need to hire any receptionist, no need to sign a contract with the telecommunications company, no additional business costs such as air conditioning, power, security, cleaning, building maintenance, and insurance.
No additional cost on various office equipment. Serviced Office only charges a fixed rental, it allows more flexible use of operation fundings! Coworking Space is even further cost-saver, as you only pay for what you need and when you need it.
3. Professional services included in Serviced Office
Serviced office already includes the reception and secretarial service. With a small additional cost, you can enjoy professional services without committing any long-term human resources costs and do not need to worry about recruitment or training.
Service office / Coworking Space is normally located in the Central Business District (For example Kwun Tong serviced office in Hong Kong) and a professional image by locating the company in the CBD address can provide intangible customer confidence and value, especially for startups.
Serviced Office provides reception and secretarial service can create a more professional business image.
5. Shared Facilities in Serviced Office
Do not need to worry about costing on fax, print or copy at the beginning, but you can immediately enjoy the services when you need and only require a small amount of extra charge.
6. No long-term commitment in Office Rental Contract
Traditional office rental service always required a 12-month long-term contract. The serviced office contract is more flexible as in a free selection of different lengths of contract. It’s an advantage while you are unclear about the company’s future growth, and you can have a flexible choice without any long-term commitment in the leasing contract. (Same case in broadband internet access or printer)
Serviced office takes all the responsibility to provide a wide range of services such as receptionist services, secretary services, meeting, and event facilities. The cost of these services was high, but now you only need to pay a fixed rent, then the business center will cover most of the costs.
No extra commercial costs, such as air conditioning, power, security, cleaning, building maintenance, and insurance, the internet, and telephone service, etc. Some business center even equipped with brand-name devices, such as a high-end printer, coffee machine, and designer furniture. Allows you to concern only a fixed rent and reserve all the funds in business development.
In addition, the main difference between the serviced center and the traditional office is the length of the Leasing Contract. Serviced Office lease can be as short as 1 month to 12 months, and coworking space lease can be as short as 1 day or even half-day, while the traditional office requires a long-term lease of at least 12 months. The flexibility of Service Office / Coworking Space Leasing term allows companies to expand or shrink business size according to business development.
Therefore, start-up your business in CoWork King not only allows you to enjoy a great office location in CBD area with affordable rent. But also having an office with the best decoration and equipment. This is absolutely more flexible compared to the traditional office!