Getting the best out of your business isn’t just about the hours you put in, the money you spend on advertising, or even the team you have supporting you. It’s also about the office you work from.All too often, business owners believe that an office is little more than a basic workspace. In fact, thinking about the type of office that would best suit your firm is crucial for success. Here, we check out three different office types and give you the insights you need to make a well-informed decision when it comes to choosing the most appropriate workspace.

Leased Offices – perfect for established businesses

If you’re running an established business then this means that you can easily make a long-term commitment to an office space. You’ll be looking for stability and will be able to sign up to a contract of a few years duration. A leased office is the best way forward.

Serviced Offices – ideal for new businesses

At the other end of the spectrum, if you’re a start-up or a scale-up, you’re going to need the type of office that caters for the dynamic situation that lies ahead of you. Committing yourself to the same space for the next few years is not what you want as the size of your team and the way you all work will change fast. A serviced office is by far the top choice here.

Managed Offices – a middle ground

If you’re a business sitting somewhere in the middle, perhaps a scale-up now moving into a more stable period, or an SME that is well established but still wanting to remain agile and flexible, then a managed office is an excellent middle ground. You’re not locked into a long-term contract, but at the same time, you do get stability and scope to express the character of your brand in the workspace.

So now we’ve laid the groundwork, it’s time for you to figure out your business needs. Think about where your brand is right now and what you’re working towards, then choose the office type to help you get there.