Serviced Offices in Shanghai
Serviced office (known as executive suites in the US and Canada) is an office, or entire office building managed by a professional management company, which then leases out individual rooms or work stations to other companies. Most serviced offices offer office furniture, telecommunication facilities, shared reception area, timeshared meeting room, utilities (electricity, water, heating), cleaning services at all inclusive cost.
Serviced offices offer great flexibility – flexible leased term, space and no setup cost.
Pros of Serviced Offices:
No / low start up costs
Flexible lease term
Immediate repair and maintenance
Support staff available as needed, pay as you use for internet, telephone calls
and fax, meeting rooms and secretarial support
Cons of Serviced Offices:
Serviced offices often give a “startup” or “quick exit strategy” impression
Higher monthly cost than conventional leased office
Potential hidden costs