Executive Suites and Coworking
Office Space are an excellent options
for smaller companies or branches. Many companies, large and small, choose to operate their business or
satellite offices from an Executive Suite or Coworking space.
Executive suites and coworking spaces are mostly different
in their styles. Executive suites tend to attract the
professionals such as attorneys and accountants, Coworking
space attracts tech companies, startups and those looking
for a community to work within. The virtual tours below are
good examples of each and should allow you the opportunity
to get a better idea of the differences in styles.
About Executive Suites
Executive Suitesare essentially
shared offices with services provided by a management firm. They are
also known as an Office Business Center or serviced offices and are a great way
for small companies to get off to a fast and low risk start and a great way for
a fast growing company to have the flexibility for rapid growth.
In an Executive Suite, you can focus on your business, while
the Executive Suite operator handles the details of managing
your office. Most Executive Suites also offer a
Virtual Office
Program, as well.
Features
You'll find many Executive Suites feature the following:
Private offices with utilities and janitorial included
Part time or full time "image" plans
Reception area with receptionist
Conference rooms with visual aids
Personalized telephone answering
Incoming and outgoing mail handling
Coffee and food service on-site.
For an additional charge, many also offer:
Furniture and equipment rental
Secretarial / word processing services
Computer related services and equipment
Administrative and accounting services
Postal meter and scales, UPS / Federal Express
Mailing services
Photocopy equipment
Fax/Telex sending and receiving
High speed internet access
Reciprocal agreements with other locations you can use
Law Libraries, health clubs, and many more
In an Executive Suite office, your efforts can be
dedicated entirely to your
business, while the Suite is responsible for typical office management. You will
enjoy professional reception, secretarial and administrative support personnel
without the headaches of hiring, training and employee benefits;
state-of-the-art business equipment without purchasing and maintenance problems,
and a staff attentive to both you and your client’s needs.
Executive Suite and Coworking Benefits
Executive Suites give you the added flexibility of short term or long
term obligations - both from a planning and a financial statement point of view.
Other benefits include:
Convenience
A small office near home or the people
you do business with every day. One office (120-150 square feet) and
corporate suites of several offices (up to 1,000 square feet) are
often available.
Cost
Attractive, professional office
accommodations at roughly 20-30% of the cost of equipping and staffing
conventional office space.
Full or part time accommodations are
generally available (hourly, daily, weekly, monthly, annually).
Corporate business identity programs are also popular providing you
with a professional address, telephone secretary and conference room
by appointment.
No capital investment
There is no need to buy or lease office
equipment or furniture. Private offices can be completely furnished as
well. Both the furniture and equipment will most
likely be a much higher quality than the normal small
business would have.
Control of operating
costs.
Executive Suites usually offer
state-of-the-art business support services which are billed to clients
if and as needed using published Industry Production Standards
guidelines
Higher
productivity
By leaving the operation of your office
to a staff of trained professionals, you and your company personnel can
concentrate on managing and marketing your business, not on
administrative details. This administrative savings can
account for up to 20% of an executive's time.
Enhanced technology
and services
Most Executive Suites provide access to "information highway"
technology and first-class concierge handling of business
needs. Some examples of enhanced services available from
suite to suite are full service travel arrangements,
videoconferencing, competitive long distance rates, calling
cards, mobile messaging and paging, desktop publishing and
project design, telemarketing, catering, law libraries and
paralegal, computer networking, consulting, training, and
more. You have to ask to find the right suite for your
business needs!
One of the best
ways to get a better understanding of what an executive
suite is all about is to take a virtual tour of one. The one
below is a Seattle executive suite and is demonstrative of a
typical executive suite anywhere. We also have a virtual
tour of a Seattle Cowork Office Space a little further
below. You can compare the two to see what fits your style
better.
Seattle
Executive Suite Virtual Tour The Bank of America Plaza
Coworking is
a relatively new workplace style that focuses on community rather than
facility. This does not mean that the facility, the office
space, doesn't have to be functional. The users of Coworking
office space place more importance on the three C's of
community, collaboration and cooperation. Coworking office
space has come about as a generational change is occurring
in the workplace. As the Gen X and Gen. Y mobile and
entrepreneurial workers are impacting the workplace, they
are looking for new work styles to fit their lifestyle. In most cases
the spaces design is non-corporate, or even what baby
boomers in the workplace would consider "funky." Take the
virtual tour
below of a Seattle Cowork Office Space and you will get a better
idea of their style and what they are all about.
An Explainer Movie About Coworking Office Space
Seattle Cowork Office Space Virtual Tour
The Holyoke Building