Rise to the Top with an Executive Suite for Your Business
If you’re a small business, just starting out in the world, you’re going to need to grow quickly and start competing with the rest of the market. This is the key to sustained success. It isn’t necessarily about making the most profit because knowing how and where to invest your cash is just as important. In other words, timely expansion is essential, but it requires careful planning and the right resources.
For instance, virtual and services office solutions are becoming increasingly popular with small companies and start-ups. They come in a wide variety of sizes, offer all kinds of different workspace packages, and they don’t lock businesses into long term contracts. For this reason, serviced executive suites are ideal if you have plans to grow quickly and securely.
This guide to the benefits of working from an executive suite will help you decide if it is the right choice for your business.
Helps with Risk Management
When running on a serviced or virtual basis, executive suites can be great for risk management, particularly if you’re a smaller business. Having the opportunity to access corporate resources like high-speed broadband, phone answering services, security, and cleaning on a ‘pay as you use’ basis is useful because it means that you don’t have to tie essential capital up in logistics before you’ve really had a chance to make any money.
Flexible Staffing Arrangements
Many larger companies are afraid of flexible work models and remote teams because they assume that such a change has to involve loss of control. In some ways, this is true. If you allow employees to ‘check in’ virtually or to work primarily from home, you can’t always be sure that they’re using their time properly. On the other hand, studies have shown that giving workers the freedom to decide instils trust, responsibility, and dependability.
Access to a Prestigious Address
With an executive office suite, you can enjoy all of the privileges of a highly regarded corporate address. There are flexible office solutions in most of the major cities in America, from Chicago to Boston, New York, Orange County, Philadelphia, and more. Addresses on the legendary Pennsylvania Avenue and at the World Trade Center are up for grabs. The best thing is that, when used on a virtual basis, they are affordable even for companies on tight budgets.
No Outages or Downtime
To return to risk management for a moment; serviced office solutions and executive suites are managed by an external provider. This takes the pressure of small businesses because it means that you’re not responsible for maintenance. You are paying for a fully equipped suite of resources, so you can expect a high level of performance, with no outages or downtime. This is essential when it comes to things like broadband. If internet users can’t access your website, even for a small amount of time, you might lose customers.
Great Opportunities to Network
All virtual workspaces (and most serviced ones) contain specially designed areas for collaboration and co-working. In some cases, this just means that you get to benefit from a lively, corporate atmosphere by working from the same space as other entrepreneurs and business owners. In others, it means plenty of opportunities to chat, network, brainstorm, and partner up with other ventures.
How to Find the Right Executive Suite for Your Business
If an executive suite or virtual office sounds like the right option for you, the first step is to find a great location. Fortunately, there are lots of these workspaces, spread all across the country. Do some research and locate one which ticks all of the boxes for your company. It should be easily accessible for employees and clients (close to public transport links), have plenty of parking spaces, offer flexible terms, and allow you to pay only for the resources you need.