Does Your Organization Need A Furnished Office Rental Space In Bangalore?
Investing in a new office space is always a major decision that a business has to take for itself. It requires a significant amount of capital and also involves a lot of logistic issues that need to be taken care of before flagging off full-fledged operations from a new location. A lot of factors like business size, the purpose of the new office, the time for which the setup is required, and other reasons specific to the business. we are providing services like Furnished office space for rent in Bangalore.
If the business size is small and the use is intermittent or for the short term, then renting out an office space is beneficial. A plug and play office offers a lot of convenience in the initial stage of setting up a business where you do not need an entire permanent office space to carry out your daily operations. Bangalore being the Silicon Valley of India has numerous offices and a lot of startups brimming every day.
These startups are the ones that face a lot of dynamism in their daily operations. It is ideal for such companies to rent out an office space. The next question that one needs to evaluate is whether they want an unfurnished or furnished office space for rent in Bangalore.
There are both advantages and disadvantages of taking a furnished or an unfurnished office and here we will look into both. The final decision needs to be taken after evaluating the pros and cons of both options, keeping in mind the requirements of the particular business.
Even if the groundwork is done by the juniors in the organization, the higher management finally takes the call. It is important that they are presented with all the facts of the scenario clearly.
First, we will look into furnished office spaces available for rent.
Pros
- Completely set- up- As a growing business with new issues requires to be dealt with every day, you would not want to worry about the furniture at your office. Particularly, if there are very compact and professionally furnished office space for rent in Bangalore is made available to you. Some services also give you the option of customizing the space according to your preferences too. You can just walk in with your team and start working.
- Time savior- Time is money and when you do not have the concerned department not fretting over which color furniture to be used at the office, it is effective if your staff can help in other aspects of the business which will directly help in generating more productivity from them. Sometimes, estimating office supplies and requirements require a lot of time, and this particularly true for larger organizations. So, if these logistic aspects are outsourced to a third party, it is easier for the organization to continue with their business as usual. Here, we see that it is not just startups that can benefit from furnished office space for rent in Bangalore, but these are highly effective for large organizations too.
Cons
- Comparatively higher leasing value: The leasing values for such properties depend on the location of the office and also the amount of furniture that the property has. The lease value also depends on the amount of customization required by the business. If the rental service is up for negotiation depending on the lease period, you might be able to find a good deal for your business!
- Greater liability: The liability in case of the furnished office for rent in Bangalore is higher because in addition to space you also have the liability for accidental damage done to the furnishing in the place. Certain insurance deals can be worked out to lessen this liability.
Now let us delve into the details of unfurnished office rental spaces.
Pros
- Increased flexibility: If there is a particular type of color scheme or furniture that you want to have in all the office spaces then it is best to pick out your own. An unfurnished office space lets you decorate the space as per your choice hence providing flexibility.
- Reduced liability: Since you do not get any furniture in the space, you do not have any liability for its damage as well to a third party. You are completely in charge of the upkeep of the furnishings in the office space and will have to do the needful in case any damage occurs to the furniture.
Cons
- Time Consuming: Most of the unfurnished office rental spaces are a bare space that you need to build up from scratch. A lot of time and effort is required to set up every nitty-gritty and technicality that goes into the process to get the ground running. Saving up this time could benefit the productivity of your business.
- More capital intensive: In the process of setting up a new office while the previous one is also operating; a lot of money is invested together. One in the maintenance of the existing office and second in the setting up of the new one. Also, since the furniture belongs to you, the capital needed to be invested is significant even though it is a one-time cost.
One should first evaluate the current standing of the business in question and also the long-term purpose of the new office that is going to be set up. The final decision needs to be taken after evaluating the options clearly.
There are many services that provide furnished office space for rent in Bangalore. Check the ratings and reviews of the various services before choosing one for your business. Once you choose the service provider, make sure the deal you strike with them covers all your furnishing needs. Clearly discuss the entire set-up and the process of customer service when required. The terms of renewal and leasing should also be clear without any hidden cost.
It is important that one takes care of these aspects before getting into a commitment with any company providing unfurnished or furnished office space available for rent in Bangalore.
