Inline with the small business enquiry increase, the market has responded with many serviced office space operators currently dropping prices and offering a variety of promotions to encourage start-up and small business trade during tough economic conditions. (See our “Cheap Office Space“ section for weekly updates.)
Meanwhile, US based company Davinci Virtual also reported an increase in small business demand. The leading Virtual Office provider has grown significantly during the first quarter of 2009, expanding to meet increasing demands for its Virtual Office products. Small Businesses are increasingly appreciating Virtual Office facilities as “a means of significantly reducing overheads to survive and prosper during the current economic climate“ according to the Virtual Office operator which established a partnership with leading UK serviced office company Avanta during October last year.
Easy Offices Sales Agent Nikesh Patel commented: “It is true that we are taking on a large amount of enquiries for Virtual Office facilities at the moment, though many small businesses are still favouring small offices. There are just so many incredible deals currently available on the market that while I can see the financial benefits of the Virtual Office, personally I think it makes a lot of sense to sign up to an office and get away from distractions at home. And, with such flexible licence terms and so many cheap deals out there, serviced office space by no means ties small businesses into something that they cannot later get out of. Businesses working on most budgets can currently get a bargain!“
Whether a small office or virtual office is the right option for start-ups can depend entirely on a company’s requirements however overall enquiries for small businesses appear to be universally up for 2009.
For advice on renting serviced office space or virtual offices during the downturn call 0800 085 5050 to speak with an experienced advisor