Small Business Office Space | What To Consider For Your Workplace

The right office space can be a cornerstone for fostering a thriving business.

But for small businesses, striking the right balance between an inspiring environment and meeting all its functional needs can be a tricky tas.

With over 5.51 million small businesses in the UK and a plethora of workspaces readily available on the market, finding the perfect office space takes knowing what your business needs to shine.

Whether you’re searching for your first offices or looking for a change of scene, our comprehensive guide will help you find the perfect place for your small business to call home.

Workspace needs & considerations for your Small Business

Office spaces are more than just a room with desks and chairs where your employees work. Your offices need to motivate and impress your team whilst also providing them with all they need to get things done.

But before you Google ‘find office space near me’ and scroll through the top results, there are many factors to consider to make your search productive.

First off, you’ll need to get an understanding of what your workspace and teams need. How many employees do you have now? How much office space do I need per person?  And has your company adopted hybrid working models or will employees be in the office 5 days a week?

Related: How much office space do I need per employee?

Once you’ve answered those key questions, you’ll need to start counting costs and determine the type of office leasing terms your business can afford.

Whilst traditional office rentals give you a blank canvas to mold, this time-consuming and expensive feat can be a major setback for companies with tight deadlines and profit margins. This is where serviced offices and coworking spaces become a great alternative to traditional spaces, but it’s best to weigh up the pros and cons.

Small companies also need to determine their ideal office location, how they want to build their brand, and what amenities are essential and what are ‘nice-to-haves’.

Scaling up your office space as you grow

Small businesses face unique challenges in securing the right office space that can meet their long-term growth needs.

Unlike major corporations with predictable growth patterns, small businesses can find it difficult to accurately determine their future office needs.

Whilst some businesses are content with staying a small size, others may prioritise rapid expansion to grow as fast as they can, meaning they need an office space that can keep up with this.

This becomes a major problem if you end up with too much or too little space and are unable to get out of a rigid long-term renting lease. 

Small businesses can overcome these scalability challenges by either investing in easily rearranged modular furniture or choosing an office space with flexible terms.

Packages designed to help small businesses

Flexible workspace packages are fast becoming the most in-demand office spaces across the globe, with thousands of small businesses turning away from traditional offices.

They are cost-efficient shared offices designed to offer a variety of working environments whilst enjoying flexible leasing terms.

When you gain a flexible workspace membership, you say goodbye to paying for rent, utility bills, furniture and all of the facilities separately, with your membership covering these costs for a fraction of the price of traditional office upkeep.

There are plenty of great options for small businesses in the flexible workspace market.

Serviced Offices

Serviced offices are fully furnished office spaces that offer all the amenities and facilities needed to support the day-to-day functioning of businesses.

Managed by a third-party provider, they are a great option for a company requiring resources to make their operations run smoother.

Serviced Office Spaces in the City of London: Ultimate FAQs Answered

Coworking Spaces

A coworking space is a dynamic shared office where like-minded professionals occupy the same floor space.

They are the world’s fastest-growing flexible workspace solution, perfect for entrepreneurs, freelancers, and small teams alike.

Coworking Spaces in London FAQs: Your Questions Answered

Virtual Offices

Virtual offices are a workspace solution that provides businesses with a professional business address and a variety of office services, without the need for a physical office lease.

This service offering is particularly beneficial for hybrid and remote teams that require reliable technologies and the occasional access to meeting rooms and coworking space.

Virtual Offices in London FAQs: Everything You Need to Know

Private Offices

Private offices are self-contained workspaces or a dedicated desk within a larger flexible office space and are designed to suit sole traders or teams smaller than 10 people.

Having a private office offers businesses privacy, security, and control over their work environment.

Learn more: How to choose an office space: Essential tips

Why should you choose Servcorp office space for your small business?

As one of the most reputable flexible workplace solution providers globally, Servcorp has been helping small businesses flourish for over 40 years.

Servcorp offers small businesses high-end modern offices with a full suite of amenities in some of the world’s most prized locations, empowering them to reach their full potential at a fraction of the price.

Whether you choose our serviced offices, coworking space, or virtual office packages, partnering with Servcorp gives you first-class services including:

• Luxuriously designed office spaces with a flexible layout to suit your needs and support a growing business
• 24/7 access to office spaces, meeting rooms, and private offices as you need
• Essential support services like our in-house IT team and your own dedicated receptionist to handle tasks such as technical support, call and mail forwarding services, website and marketing services, just to name a few.
• High-speed internet, VPN connections, ISP, a global IP address, our specialised OneFone app, and tech-infused workspaces
• A prestigious business address in one of London’s most sought-after hubs
• Sought-after work-life facilities such as an in-house fitness centre, endless coffee and tea, breakout areas, collaboration and creative zones, and focus spaces
• Access to our community of over 50,000 businesses to collaborate, sell, and partner with

When you choose Servcorp, running your small business becomes a lot easier, as we provide essential support that saves you time, money, energy, and resources.

Where are your office locations for small businesses

Servcorp has over 150 locations in some of the most prestigious and prized cities in the world.

In the UK, Servcorp offers 3 world-class offices within the most sought-after addresses in London.  These are:

• One Mayfair Place
• The Leadenhall Building
• Canary Wharf

Conveniently located near shops, cafes and restaurants, cultural sites, parks, and public transport, our offices offer a vibrant and easily accessible work environment that makes it ideal for employee experience.

For example, our Canary Wharf office space in London is situated in the twelfth tallest building, 40 Bank Street, and located amongst the hustle and bustle of this up-and-coming financial centre. Home to London’s best shopping districts and surrounded by impressive river views, having your own office space here is greatly beneficial for businesses and their employees alike.

Networking Opportunities within a Business Community

For small businesses, serviced offices and coworking spaces provide a vibrant atmosphere that cultivates valuable networking opportunities that are pivotal for growth.

Servcorp’s dynamic spaces allow small businesses to connect with a diverse range of enterprises through chance encounters and organised gatherings, giving companies a chance to meet new clients, investors, or partners.

Additionally, being close to other teams and companies can also foster cross-pollination of ideas, collaboration and informal knowledge sharing, which can be a goldmine for start ups and small teams.