7 Mistakes to Avoid When Choosing a Serviced Office
7 Mistakes to Avoid When Choosing a Serviced Office
A serviced office can reduce the initial work involved in setting up your own premises. It can also tie you to costs and rules you didn't expect. The seven mistakes below can catch out even careful teams, but checking the details before you sign will help you avoid them.
1. Underestimating the true total cost
The headline rent is only the start. Some quotes bundle utilities and cleaning, while others list them as extras. Your agreement decides what is covered, so you can't compare two prices until you know what sits behind each number and how long those terms are fixed for.
Ask each provider for a single all-in monthly figure for your team size. That figure should show base rent and VAT side by side. It should also show deposits and any o...