Current trends in the commercial property marketplace show a move away from traditional office space towards a more modular approach.  Because of the fast growth experienced by especially SMMEs in South Africa, it has become necessary for SMME owners to think more short and medium term rather than long term when considering leasing office space.

Conventional leases bind the lessor to three years occupation of space which might become too small or inadequate to accommodate and support business developments.  Results of this inflexibility of conventional lease periods include suppressed business development and growth, unnecessary costs incurred, an unproductive working environment etc.

Another vital consideration should be the location of and facilities available at the sought office space.  The location of a business influences its image and networking opportunities and therefore has a direct impact, whether negative or positive, on the bottom line.  Before deciding on a location SMME owners should consider the age of the target building and surrounding environments and the possibilities for upgrading the current facilities to match and compete with international standards.  For a small business to establish or develop these facilities can become a very expensive exercise.  It is also these start-up or upgrading costs that are overlooked when budgeting for new office space.

In making use of serviced and furnished office space, SMMEs can cut monthly office management costs considerably, especially over periods longer than six months.  Such services also provides the benefits of established office management procedures with professional staff catering for a small business’s every need at less than the cost of employing an office PA.

In selecting the provider of such serviced and furnished offices space, care should be taken to ensure that the working environment will be conducive towards promoting productivity and efficiency.  Factors contributing towards this constructive working environment includes properly planned office layout, reduction of wasted space inviting clutter, high quality office furniture, professional services from the service provider chosen and easy access to necessary facilities such as meeting rooms, kitchen areas etc.

The benefits of making use of service providers offering furnished office space includes:
- Eliminating unnecessary capital outlay and staff costs
- Enabling employees to focus on core business issues
- Presenting a professional business address on marketing material and official stationery
- No difficulty when moving on to other premises

In addition to these benefits, FLEXISPACE @ the Hub – the furnished office space provider situated at The Innovation Hub in Pretoria – provides sophisticated cutting edge technology to support and enhance business productivity.  By utilising the services and facilities offered by FLEXISPACE @ the Hub fixed costs and monthly overheads are drastically reduced and smaller businesses often gain a much more professional image because of the location and services offered by the trained staff.
FLEXISPACE @ the Hub offices are modular in design and can therefore be set up and modified as per changing requirements, allowing for growth of the tenants.

For more information, pricing or to view the site, please call (012) 844 0500 or send an e-mail to This email address is being protected from spambots. You need JavaScript enabled to view it.

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Issued by Juanita Lesch, Product Manager, FLEXISPACE @ the Hub
Contact details:   Tel:  (012) 844 0500
   Fax:  (012) 844 0599