The world of serviced offices can be full of jargon, so we’re profiling the most pertinent industry related terms and their definitions to assist you in finding the perfect space for your business.
Serviced Office Suites:
These are small offices, usually between 1 and 6 seater, which can be rented out on a short term basis. The rate for these offices often encompasses your office cleaning, utilities, and sometime wifi and reception services.
This is when you don’t actually have a physical office, rather you use services e.g. a professional physical address, reception services and boardrooms to give your business a professional image to clients and potential clients.
This is for people who need flexibility and who prefer avoid paying rent for office space that they don’t occupy every day, e.g. a business person who is often out visiting clients or a sole proprietor who wants to see how their start-up grows before committing to the monthly fee of proper offices. It enables a person to book a seat or a pod-like space on an hourly or daily basis. We at The Orchard offer all our hot-desking clients private offices because we believe that silence and privacy aids productivity, however most often hot-desks are in a communal area.
A communal style seating arrangement that fosters collaboration, planning or strategizing often used by businesses in the creative industries and often hired out on a short term basis (daily/monthly).