Imagine launching a new business or managing an existing one without the hassle of acquiring equipment, finding a location, juggling leases, or worrying about a tight budget. This is the benefit of a managed office, which is run and overseen by a third party. These workspaces offer you control and security while also being flexible and cost-effective. You will only have to make one payment to the service provider, and they will take care of everything from furnishing to amenities. Let’s know more about it below.
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Understanding Managed Offices
A Managed Office in Hyderabad is a fully equipped and self-contained unit consisting of meeting rooms, internet, toilets, a kitchen, and management. These workspaces can be customised to align with your brand’s vision and style. In this case, instead of leasing the desk, you lease the space, and the provider takes care of all the operational matters. Therefore, there is no need to worry about technical or cleaning issues, as the office owner will manage them.
Traditional Office Space Vs. Managed Space
| Managed Offices | Traditional Offices |
| No lease liability | Long-term lease commitment |
| Global sourcing of space | Significant initial investment |
| Fast move in | Complete control over the furniture |
| It can be easily reconfigured | Variable office costs |
| Flexibility of short-term lease | Delayed move-in |
| Low initial investment | The company will be responsible for maintenance, setup, and utilities |
| Fixed cost that includes maintenance, space, amenities, and utilities | Locally sourcing |
How is Managed Space Different from a Serviced Office?
The key difference is that the custom-designed managed office space and serviced offices lie in the level of customisation and ownership they offer. Managed office provides you with your own dedicated area that you can brand and customise according to your preferences in terms of aesthetics, layout, services and technology. In contrast, serviced offices provide a private workspace within a larger, shared environment that is managed by the service provider.
The serviced office space is beneficial for small businesses, as it provides flexible, simple, and convenient office solutions with on-demand amenities and a positive customer experience. On the contrary, when you enter the managed spaces, you are in your office, with your business’s logo displayed at the reception. This allows you to create a unique feel, look, and company identity.
You can control the entire office experience, which helps build a culture among employees and enhances your professional image when meeting clients. A managed business center also offered increased privacy and security, as you don’t have to share your amenities or space with anyone else. Just like serviced spaces, managed spaces are provided as a complete service for your convenience. The rent you pay will be all-inclusive and paid monthly with no upfront costs. You can also call the provider at any time to address any issues or inquire about amenities.
The Rise of Managed Spaces
The managed office trend is particularly appealing to small companies and startups that may not want or have the resources for a traditional office. This model allows them to access a professional workplace tailored to their needs, without requiring a significant investment. Additionally, larger companies have also adopted this approach, as it allows them the flexibility to scale their operations up or down as necessary.
Managed offices give flexibility to businesses, whether the satellite office is involved or it is a temporary project team. The growing importance of work-life balance and employee satisfaction also contributes to the rise of this approach. Today’s workers seek independence and flexibility, and managed spaces enable them to meet these needs while maintaining high levels of productivity.
Conclusion: Would You Like Us to Search for a Suitable Office Place for You?
If you need an office arrangement that suits your needs, iKeva offers a variety of office spaces in multiple locations. Whether you require managed offices or a plug-and-play office space, please get in touch with us. We will assess your requirements and help you find a suitable space for your business.
