Should you consider a serviced office?

Most businesses prefer to have their own individual offices because this gives the impression of permanence and stability. Business centres like CEO Suite are seen as more suited for representative offices or even transient businesses.

“We don’t expect a tenant to stay with us in the same office for 10 years, though many have called us home for two to three years,” says Adeline Chang, CEO Suite’s regional director of sales.

“Once they get established, they can move to their own premises. A tenant can upgrade to a bigger room or move to smaller ones depending on circumstances. We don’t accept just anyone. We vet them and insist that all businesses are bona fide as some unscrupulous operators try to exploit our respectability, and these we have to turn away.

“Renting space in a Grade A building locks you up for three years. You have no flexibility, and you bear the renovation costs plus all the ancillary charges, which can easily be RM40,000. With us, there are no hassles over phone or utility deposits, installing phone lines, monthly subscriptions or costly office equipment. Tenants enjoy complimentary fax, shredder, binder and all-in-one photo copier machine.

“At Quill 7, we offer 39 offices from 160sq ft (14.8sq m) to 750 sq ft (70sq m), from RM2,000 to RM19,000 a month, for one to 20 persons. Each person gets one work desk. Each instant office comes fully equipped with work stations, phone lines, computer lines, IT systems, and we offer wireless high-speed Internet lounge, video conferencing and training rooms of various sizes — plus multi-lingual staff and services, like company registration, tax and accounting, legal service, recruitment and the all-important complimentary tea and aromatic roasted coffee!”

“Advantages include savings on capital expenditure as there are no lease commitments, fixed overheads, management headaches or hidden bills. Electricity, water, cleaning and maintenance are all included in one package deal.

“Just bring your computer and you are up and running!” Chang says.

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Related Story: The suite life

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