3 Financial Benefits of Flexible Office Rentals for Start-Up Businesses

Admin • August 2, 2018
New Laptop on Desk — Eatontown, NJ — Executive Suites at 12 Christopher Way

As a start-up business, a lot of the moves you make are crucial to ensuring the successful launch. Along with the business idea, you must be able to budget, get other people on-board, and execute your ideas in an effort to make a profit.


When considering office space for your business, a flexible rental offers a lot of different ways to help get off on the right foot and have some financial benefits along the way. Learn about these financial benefits and various ways to help your business thrive in its earliest days.


1. Flexible Lease Times


As you start your business, you want to reduce the spending amount as much as possible while increasing your profitability. One of the main benefits associated with a flexible office is the flexible lease times available with them.


Instead of being committing to a 24 or more month lease, start off small with a three-month lease commitment. With the short amount of time, you can determine if the office space works for your needs and how much growth you will need in the following months.


For example, if you are a one-man operation, a single office will work great for the first three months. If your business grows quickly, then you have the chance to end the lease and upgrade to a bigger office. Having the room to grow makes a huge difference in your budgeting and office needs.


On the other side of things, if your office is too big, then you have the chance to scale down or eliminate the office all together after the lease is up. In some cases, you may not need an office at all. You may want to start the first few months with just an office meeting space. Office meeting spaces offer conference rooms and internet connections to get tasks done in a professional setting.


2. Professional Client Meetings


Numerous businesses began within a home or a garage. While a home-based business helps save money, they do not offer the same professionalism as a rented office. When seeking out clients or investments, a professional office space may go a long way in providing you with the ability to get people to sign on-board and help your business grow early on.


In an office space, you have the ability to present yourself as a professional and serious business. You can hold client meetings daily, and your business can even benefit from having a professional address. With a business address, you may reach more clients, send out information, and easily separate your business mail from your personal mail.


With everything furnished and ready to go, you have the ability to use the office space as soon as possible and get clients much faster. There's no reason to set-up a space at your home or spend extra money early on.


3. Covered Services


The overhead costs at the start of a new business can quickly add up. When renting an office space, a number of the services you would normally pay for are covered in the building. Because you are sharing the space, the services are included and really help cut down on the costs.


Some of the services included within the office space are general office maintenance, cleaning services, and IT issues. The internet connection is also included, making it easy to connect online and conduct business as quickly as possible.


Over time, these cost savings will add up and help you put more into increasing business sales as much as possible.


For more information on office rentals, contact us at Executive Suites, LLC. We have plenty of options to help your business needs and ensure you get started on the right foot.

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