By definition, an executive office center is a set of individual offices sublet from a larger suite of offices. The executive suite proprietor rents entire floors (or buildings) and leases the office spaces to businesses — also known as an executive suite.
That is the simple explanation of an executive center; however, these centers are more complex than simply subleasing an office space. An office center provides many benefits, so let’s explore some of the perks.
What is probably the single driving force behind the decision to lease an executive office? Convenience. The right business center can set up an office equipped with phone, internet, and furniture. All the client needs to do is “plug and play.” In today’s world, a quick and easy setup can be a beneficial feature to the busy entrepreneur or a corporation trying to set up a satellite office space in another city.
When it comes to executive suite leasing, a close second to convenience is flexibility. This type of freedom allows the business owner to lease only the space that is needed at the time and to grow their business at their own pace. Lease terms are also a big flexibility factor — in contrast to long lease terms of traditional office space.
We cannot forget the cost. While deciding on an office, cost is a large part of the conversation. When you choose an executive office suite, most of the upfront costs are eliminated because the office is already fully furnished, staffed, and equipped with the technology needed to run a business. A business owner can go into an office knowing the exact amount of monthly expenses.
An executive suite can feel like a small community while occupying an office suite. This comradery is my favorite benefit. Being a business owner of a start-up or a solo sales associate of your territory can be lonely. It’s nice to have people around not only to catch up during friendly conversation but also to discuss business topics. You get the benefits of co-workers without the drama of co-workers. The built-in organic networking potentials are also a huge plus.
If it’s time to rent a ready-to-move-in office space, learn more about the executive office suites in your area.