Small Office Alternatives

Executive Suites  |  Coworking   |  Virtual Office

Executive Suites are an excellent option for smaller companies or branches.  Many companies, large and small, choose to operate their business or satellite offices from an Executive Suite. Executive Suites are essentially shared offices with services provided by a management firm. They are also known as an Office Business Center or serviced offices and are a great way for small companies to get off to a fast and low risk start and a great way for a fast growing company to have the flexibility for rapid growth. In an Executive Suite, you can focus on your business, while the Executive Suite operator handles the details of managing your office. Most Executive Suites also offer a Virtual Office Program, as well.

Features

You'll find many Executive Suites feature the following:

  • Private offices with utilities and janitorial included
  • Part time or full time "image" plans
  • Reception area with receptionist
  • Conference rooms with visual aids
  • Personalized telephone answering
  • Incoming and outgoing mail handling
  • Coffee and food service on-site.
For an additional charge, many also offer:
  • Furniture and equipment rental
  • Secretarial / word processing services
  • Computer related services and equipment
  • Administrative and accounting services
  • Postal meter and scales, UPS / Federal Express
  • Mailing services
  • Photocopy equipment
  • Fax/Telex sending and receiving
  • High speed internet access
  • Reciprocal agreements with other locations you can use
  • Law Libraries, health clubs, and many more

In an Executive Suite office, your efforts can be dedicated entirely to your business, while the Suite is responsible for typical office management. You will enjoy professional reception, secretarial and administrative support personnel without the headaches of hiring, training and employee benefits; state-of-the-art business equipment without purchasing and maintenance problems, and a staff attentive to both you and your client’s needs.

Benefits

Executive Suites give you the added flexibility of short term or long term obligations - both from a planning and a financial statement point of view. Other benefits include:

Convenience

A small office near home or the people you do business with every day. One office (120-150 square feet) and corporate suites of several offices (up to 1,000 square feet) are often available.

Cost

Attractive, professional office accommodations at roughly 20-30% of the cost of equipping and staffing conventional office space.

Executive Suite vs Conventional office space calculator Executive Suite
 vs. Conventional Office

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Flexibility

Full or part time accommodations are generally available (hourly, daily, weekly, monthly, annually). Corporate business identity programs are also popular providing you with a professional address, telephone secretary and conference room by appointment.

No capital investment

There is no need to buy or lease office equipment or furniture. Private offices can be completely furnished as well.  Both the furniture and equipment will most likely be a much higher quality than the normal small business would have.

Control of operating costs.

Executive Suites usually offer state-of-the-art business support services which are billed to clients if and as needed using published Industry Production Standards guidelines

Higher productivity 

By leaving the operation of your office to a staff of trained professionals, you and your company personnel can concentrate on managing and marketing your business, not on administrative details. This administrative savings can account for up to 20% of an executive's time.

Enhanced technology and services

Most Executive Suites provide access to "information highway" technology and first-class concierge handling of business needs. Some examples of enhanced services available from suite to suite are full service travel arrangements, videoconferencing, competitive long distance rates, calling cards, mobile messaging and paging, desktop publishing and project design, telemarketing, catering, law libraries and paralegal, computer networking, consulting, training, and more. You have to ask to find the right suite for your business needs!

Tips on Selecting an Executive Office Suite Provider

OfficeFinder's Blog posts on Executive Suites

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Coworking  | Executive Suites  |  Virtual Office

Coworking is a new workplace style that focuses on community rather than facility. This does not mean that the facility, the office space, doesn't have to be functional. The users of Coworking office space place more importance on the three C's of community, collaboration and cooperation. Coworking office space has come about as a generational change is occurring in the workplace. As the Gen X and Gen. Y mobile and entrepreneurial workers are impacting the workplace, they are looking for new work styles to fit their lifestyle. Most of the Coworking office spaces available are located within office spaces between 3,000 and 6,000 sq. ft. In most cases the spaces design is non-corporate, or even what baby boomers in the workplace would consider "funky."

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Find out more about Coworking on the OfficeFinder Blog.