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Do You Know The Difference Between Commercial And Executive Suites?

Caryn Hernandez

If you don’t, it could cost you a lot of money. Particularly if you’re a small business, start-up or a company looking for short-term office accommodations.

At first glance you might say to yourself, Executive suites sound way too expensive for my budget. But don’t be fooled by a name. If you’re looking to setup and staff an office, executive office space could save you as much as 70% over commercial office space.

If you don’t, it could cost you a lot of money. Particularly if you’re a small business, start-up or a company looking for short-term office accommodations.

At first glance you might say to yourself, Executive suites sound way too expensive for my budget. But don’t be fooled by a name. If you’re looking to setup and staff an office, executive office space could save you as much as 70% over commercial office space.

Executive suites go by several different names. They might be called:

> Shared Office Space

> Temporary Office Space or

> Executive Office Space

They all refer to basically the same type of money saving, anti-hassle, easy to set up office space that can be found in most cities in the U.S. and even overseas. They are often located in prestigious office buildings which give you the look of success before your name even goes on the door.

So why are ‘executive suites’ often better than commercial space?

The word ‘Contract’ is one big difference. Most commercial space requires a long-term contract, which is not altogether bad if you’re a well-established company. But many companies don’t want to be tied to an office location for a year to ten years.

So what’s the answer?

Executive suites. The idea was spawned some years ago to answer the needs of small to medium-sized companies. There is no long-term contract. Just a simple rental agreement that provides the office space you need for a day, week, month or whatever your requirements. The important thing to remember is that you won’t be locked into a long-term situation. Also, you can save money on furnishings and staff

Executive suites specialize in making things easy. Want your office furnished? You got it. Want a trained receptionist to take your calls and greet your customers? You’ve got it. And this person won’t be on your payroll.

It all comes down to this. If you want prestige office space with flexible terms that is ready for you to walk in, sit down and start doing business, you need to understand the difference between commercial office space and executive suites.

With executive office space, you can have the look of an established successful company in a prestige location almost instantly. Plus, you will save a bundle on setup and staffing costs. Executive suites are well worth considering before making any decision on your future office needs.