In today’s modern working environment where flexibility is key, there are a range of working environments to choose from, including serviced and virtual offices. Many small businesses and entrepreneurs don’t have the financial capacity to rent traditional office space – as a result, serviced and virtual offices have increased in popularity.
If you’re just starting out in the business world and are looking for a cost-effective office alternative, you have two options in front of you. While each option has their own unique benefits, it’s best to know which one is best suited for you and your needs before making a final decision.
What’s a Serviced Office?
A serviced office, sometimes referred to as an executive suite, is an actual office that’s rented out by a serviced office provider. Renting a serviced office gives you many of the same advantages of having your own office space, without the fees associated with renting traditional office space.
In addition to the office space, you’ll get access to office furniture, equipment, and a qualified staff. If you’d like a full-fledged office space where you can meet clients, access to conference rooms with state-of-the-art technology, and a flexible lease with no long-term contract, renting a serviced office may be the right choice for you and your small business.
What’s a Virtual Office?
A virtual office is exactly that – an office that exists without actually existing. Ideal for entrepreneurs who plan to work out of a home office but would still like to maintain a professional image, virtual offices provide an office address for communication and correspondence purposes, a secretary to handle some work duties while you’re not there. In many cases, virtual office providers will include additional perks, including access to use of Meeting Rooms and Boardrooms. If you’d like access to mail management with a low risk month-to-month contract and no security deposit, a virtual office may be right for you.
If you are wishing to use our business address, we have the option to take the Virtual Office services. There is no contracts, minimum commitments or exit fees, just a monthly membership.
- The Nexus Virtual Mailbox Services: Use Nexus Smart Hub address for business registration, google maps, business cards, email signature as well as physical address for mail and parcels. You will be notified whenever there is mail or parcels here to be collected or we can promptly forward to you. We’ll also sign for packages and hold them on your behalf.
- Additionally, if you wish you can set up Nexus Virtual Signage. For an extra level of credibility and professionalism, we can add your company name to the foyer directory board in our building. Our Virtual Signage Service helps provide the impression that you have offices in Nexus Smart Hub and visitors will not know if you have one office or several offices. If you would like to proceed, please supply the exact wording of your business name.
| Nexus Virtual Mailbox Services | $45 annual fee, and $40 per month (incl GST). This is set up through an auto payment through Ezidebit If you sign up upfront for an annual period the price is just $480.00 |
| Nexus Virtual Signage | $85 once off (incl GST) |
The Benefits of Alternative Office Environments
While both forms of office environments have their own unique benefits, the common benefit of both is that they help reduce overheads. Since you’re only leasing the office space or virtual office services, you don’t need to invest in property or traditional office space. If your new business lacks the financial means or manpower to get it off the ground, an alternative office environment could be the perfect solution. Because you’re renting or leasing the office space for a period of time, both types of offices give small business owners the flexibility to adapt over time – some use these office spaces only temporarily, while others “grow” into a larger rented space.
NexusHub is an established, trusted provider providing cost-effective yet premium coworking spaces for small businesses here in Wyong on the Central Coast. Whether you’re a startup, freelancer, or established business, we have the right office solution to support your business’s collaboration and growth. Explore our website for more information or contact us today for a discussion!
