With easy availability and distinctive advantages, leasing office space has emerged as a preferred option for businesses. Entities like SMEs (small and medium enterprises) and startups have been among the biggest consumers of leased office space in recent years. Big corporates continue to lead in leased office space consumption across all top cities in the country. To understand how you can benefit, let’s take a look at 5 advantages you get when you lease an office space.
1). Low costs overall: As compared to buying office space, taking it on lease turns out to be cheaper. When you lease office space, you only have to pay rent and maintenance. In comparison, if you buy commercial property, you will have to make significant capital investment. In leasing, operating costs also gets divided between other tenants. So, overall cost of leasing is lower in comparison to buying office space. This especially benefits SMEs and startups that may be operating on a limited budget. Enterprises whose revenues are yet to reach optimal levels will also benefit from leasing office space.
2). Savings: Leasing office space can be a way for businesses to boost their savings. For example, using common amenities such as cafeteria will be much cheaper than operating your own dedicated facility. Housekeeping and maintenance charges are also less, as these are proportionally distributed among all users. This applies to various other expenses such as security, leased lines, concierge services, centralized air conditioning, and uninterrupted power supply.
3). Easy upgrades: Leased office space provides you the flexibility to upgrade based on your emerging needs. As your business grows, you will need to hire more staff. If you choose the right property, you will have access to more space, as and when required. You don’t have to worry about finding another office or shifting to a bigger facility. Easy upgrades also ensure that you don’t have to commit to a large office space to begin with. You can start small, pay for what you use and rent more space only when it’s needed.
4). No maintenance hassles: If you buy office space, you will probably have to do double the work. You will have to manage both your business and the facility as well. This is likely to have an adverse impact on your business. In comparison, if you take office space on lease, you don’t have to face maintenance hassles. All maintenance needs will be taken care by the facility team, allowing you to focus exclusively on your business.
5). Add-ons like gym, daycare etc.: The best leased office space will be equipped with several add-ons such as gymnasium and daycare facility. These facilities will allow employees to feel at home, which in turn will motivate them to give it their best. A leading workspace solutions provider, MUSCO offers all these amenities in its leased office spaces.
MUSCO can help you select the right leased office space that perfectly suits your specific needs and preferences. You will enjoy a high level of flexibility and won’t have to deal with the hassles of administrative tasks. MUSCO’s state-of-the-art facility is located close to metro network and is just 20 minutes away from the airport. When you lease an office space at MUSCO, you get all of these advantages and more!