Serviced Office Guides

Is Now the Right Time to Get a Dedicated Office?

By wizu | 03 December 2021

Updated 23/10/2023

There’s no question that starting a new business is challenging at the best of times. Not only is it necessary to find a “home” for the business, but it’s also essential to be mindful of the budget. These are a couple of the reasons many new businesses are started from a home office rather than a traditional office.

Working out of a home is one way to have better control of the budget and keep costs down. It also makes it easier for the business owner to focus and scale the company.

Do you find yourself in this situation? If so, is it time to find a new “home” for your business? What are the benefits of a dedicated office space?

Improved Credibility & Professional Impression

Working from a home office has many benefits. However, what happens when it’s time to meet a client? You may have a dedicated home office, which offers the perfect place for a meeting. However, is it very comfortable inviting clients to your home to talk business? What kind of impression does this leave with the client?

A dedicated office in a business centre can give clients and partners a better impression of your business. For one thing, the company will look more professional. Nothing says you’re serious about business than a dedicated office in a professional business centre.

And don’t forget the importance of your office location. A home office may not make a client feel that your business is credible. However, choose a dedicated office, and the client’s impression is completely turned around. What’s more, an office in a centralised location makes it easier for out-of-town clients and partners to find your business. On the other hand, a home office can be much more challenging to find.

A dedicated office provides your business with a prestigious business address and so much more. It’s even possible to register your company with the office address. This is great, especially if you’d prefer to make your home address a matter of public record.

Space Limitations

Another problem with a home office is that there’s usually no space to expand. What happens if your business suddenly takes off? You may need to hire employees and other staff, but where will they work in your home office? And where will files, records, and more be stored?

This is where a dedicated office can help your company. Many dedicated office providers have workspaces of different sizes, so it’s easy to find an office that’s just the right size for your business. What’s more, if your business continues to grow, the business centre usually has space to accommodate your company’s growth. In addition, these offices are generally within the same premises. So, your company can scale up or down as needed.

Hiring Staff

We briefly mentioned the issue of hiring staff. Let’s take a more in-depth look at how this can affect your business.

If you have a home office, it’s a bit challenging to bring in employees who are not family. For one thing, your home may not be easily accessible, depending on where the new employees live. It might be possible to find an employee willing to work in your home, but that’s not going to be the norm. In addition, your home may not have enough space to set aside accommodations for one or more employees. That’s an issue that keeps your business from growing.

On the other hand, a dedicated office space is a perfect way to accommodate growth. When it’s time to hire employees, a dedicated office can help you find top talent. What’s more, if the office is in a centralised location, this can also help draw in some great employees.

Another benefit of working from a dedicated office can be a better balance between your work and personal lives. It’s easier to know when to call it a day and head home. You may be surprised to find you also have more time for family, friends, and those weekend pursuits you’d love to try!

Productivity

Have you ever had to deal with constant disruptions when working on a deadline? Maybe you’ve had a great idea that was just beginning to form when the dog demanded your attention! Then, the idea vanishes, never to reform! It can happen!

Then there are the temptations of watching TV for a few minutes. Or maybe you’re tired and want to take a nap. Watching TV or taking a nap can last far longer than you had anticipated. That’s time lost that could have been spent on work.

We touched on the balance between your work and personal lives. A home office can make it much harder to disengage from work. There’s always the temptation to answer one last email or write down one more idea. Time flies, and soon, you find yourself still working around midnight. That’s not the best way to stay focused and productive on the job.

A dedicated office, on the other hand, can solve some of these problems. For one thing, you may feel more energised and focused working in an office, away from home. You won’t have to deal with all the temptations, distractions, and interruptions that often arise when working at home. Instead, you can focus on work and stay productive. You may find that a nap isn’t even necessary!

Networking & Interaction

When you work from home, there are not many opportunities to network and interact with others. However, with a dedicated office, you can do both!

A dedicated office is situated in a business centre, which also houses other businesses. When you work in this environment, there will be more opportunities to meet and network with others. It may even be possible to find a new client!

An environment like this also makes it possible to work with other business professionals. If you need advice and guidance, you may be able to find it through your new network at the dedicated office facility.

Summing It Up

A home office may be OK for your business for a time. There are many advantages to working from home. However, if your company begins to grow, it’s probably time to look for a dedicated office.

A dedicated office provides your company with the space needed to expand, the credibility to impress, and new opportunities to network and interact with other business professionals.

So, is now the time to move to a dedicated office? If your company is growing and you need to hire employees, then the answer is probably yes!

FAQs

Is now the right time to invest in a dedicated office if my team primarily works remotely?
It depends on the nature of your business and your long-term goals. Consider the benefits of a dedicated office in terms of productivity, professionalism, and branding.

What should I look for in an ideal office location?
An ideal office location should be easily accessible for your team and clients. It should also provide necessary amenities and a positive working environment.

How do I assess the financial feasibility of a dedicated office?
Calculate the costs involved in leasing or owning an office space, and ensure it aligns with your budget and business plan.

Can I maintain flexibility while having a dedicated office?
Yes, you can. Consider flexible office arrangements or co-working spaces that offer more adaptable lease terms.

How do I create a customised office space that reflects my brand?
Collaborate with an interior designer to infuse your brand’s values and aesthetics into your office space.

What impact does a dedicated office have on work-life balance?
A dedicated office can enhance work-life balance by creating a clear boundary between professional and personal life.

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