“Serviced office” and “Coworking space” are two terms that are thrown around a lot these days, but what’s the difference? They both allow you to rent a desk, so what’s the deal?
The easiest way to explain would be to tell you what they have in common:
- Access to a kitchen, with tea and coffee and access to a fridge.
- Parking on site, not only for you but for your clients/visitors.
- Phone/postal services available if necessary.
- Space for meetings.
- Break out areas.
The above are what you can (or should!) expect from any coworking/serviced office. So what does a serviced office include that makes it different from the regular coworking space?
- The ability to have your own office – You can have a private room, which usually allows branding on doors, windows etc.
- Security – A serviced office can be locked up at night, which is great for your belongings sake, whilst Coworking spaces can be open 24/7, to provide a flexible workspace for it’s users. This does have the consequence of your stuff being left out on show when you’re not there. Most spaces either ask for a clear-desk policy to be used (unless you’ve got a private office or dedicated desk of course), or provide secure lockers.
- Private meeting rooms – Serviced offices can provide private meeting rooms, when renting a private office. This is quite rare, but some spaces do offer this.
So which is best for your business?
Smaller businesses, e.g. 1 or 2 people should choose to work in a coworking space, as there is more potential for meeting new contacts. Plus if you’re a large business, you won’t get the same rewards from coworking if the coworking space is made up of your own business. Serviced offices are more suitable for maybe 3+ people in a business, as private rooms and also other features such as meeting rooms will be available as your business grows. With the Reading Business Centre, we provide a coworking space alongside our private offices, to allow your business to expand as and when.