What is the difference between Serviced Offices and Managed Offices, particularly in the City?
There can be confusion in the minds of people and companies looking for office space in the City of London into the difference between sericed offices and managed offices. The significant differences between them is explained here.
Serviced Offices
Serviced offices in the City will often provide an instant workspace for anywhere between one to several hundred people for an agreed period which can be a month, a year or sometimes longer. There are usually minimal costs to set up for operation and exit, and companies can typically expand or contract as needed.
Serviced offices can be used for many dynamic situations like overflow space, temporary space during own offices refurbishment, space for the duration of a specific project, short-term expansion, new business or organisation start-ups, new market entries, satellite offices and a bolt hole for mobile workforces. With thousands of centres