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Page 4 of 7
Property Licences
3. Real Flexibility
Flexibility matters greatly for a new business, as it can often be impossible to predict sales volumes and activity levels more than a few weeks in advance.
3.1 Going into a serviced office block may mean you can expand easily if your business grows quickly.
- You may be able to rent extra office, storage or meeting room space for short periods or special projects.
- As the business expands, you may be able to take on extra offices in the building one by one, so that you are only ever renting the accommodation you need.
- You may want to switch offices entirely, into larger or better accommodation in the same building.
3.2 You may have flexible access to office services and equipment on a pay-as-you-go basis.
- Many landlords with offices on licence provide additional services as optional extras for their tenants. Paying for these when you need them may be a better short-term option than taking on more employees.
- Even if it is just for the first couple of months, being able to delay or avoid buying equipment like photocopiers or scanners may be helpful.
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