Why New Businesses are Opting for Furnished Office Space in Colombo?

In today’s competitive global marketplace, money, time and effort are the key elements playing a vital role in driving businesses. With the furnished office space being perceived as a mainstream occupancy option suitable for companies of all sizes and nature, the furnished office industry is rapidly growing at an annual rate of 73% globally in the commercial office space.

Setting up a business isn’t an easy task and looking for an office to let it thrive is even more difficult. Buying an office space for rent and furnishing it is a time consuming and expensive task. Thankfully, entrepreneurs and business owners have fully furnished offices as an option to grow their businesses. Fully furnished offices provide a productive environment and flexible working conditions thus, offering features that appeal to the younger workforce. This is one of the most important reasons why young entrepreneurs in cosmopolitan cities like Colombo are opting for furnished office spaces.

Colombo is a gateway to Sri Lanka and is the largest city of the beautiful island. Home to a cluster of high-rise buildings and hotels, Colombo sits in a very powerful position as the administrative and economic centre of Sri Lanka. Being the economic centre, a number of furnished offices for rent in Colombo are available. Here are a few reasons why new businesses are opting for furnished office space in Colombo: 

• Affordable: Due to lack of funds, start-ups or small-scale enterprises seek measures that can save their expenses and help in boosting productivity. Buying an office space for rent and installing the required furniture and equipment needs a huge amount of money. Here is when fully furnished offices come into play. Ready to use office space in Colombo allows you to rent a space that is already equipped with comfortable furniture, office equipment, and a creative environment to let you enhance your productivity. Moreover, they are devoid of any hidden costs thus, helping you save money.
• Enhanced flexibility: Opting for a furnished office space for rent in Colombo eliminates the time required for setting up an office and moving in. Furthermore, they are suitable for all kinds of businesses and offer flexible working solutions that fit their needs. Therefore, furnished offices serve as the perfect option for businesses looking to scale up or down as per their requirements. 
• Constant professional presence: Luxury offices for rent in Colombo provide a working space equipped with modern design, world-class technology, and exceptional amenities. All these along with a prestigious business address help companies in maintaining a constant professional presence. In addition to this, having a distinguished physical address for your company instils a sense of trust among your clients and customers thus, enhancing the credibility of your business
• Finest business concierge services: The furnished office spaces in Colombo offer a full-service administration to empower businesses. They offer invaluable knowledge and support for seamless flow of operations. These in-house experts perform all the necessary tasks to let you focus on uplifting your business without any distractions. These include helping your team to settle in, ensuring the fulfilment of your business needs, and minimising disruptions through uninterrupted IT services, remote administrative assistance, and relocation expertise.
• No hassles: In order to accommodate new employees, it is very likely that an entrepreneur will need to upgrade his/her office space. Doing this in a traditional office space can be tricky and expensive. Whereas, in the case of furnished office spaces, one can easily move to larger suites on the expansion of the team without the hassle of moving in and furnishing all over again.

With every passing year, businesses are changing where and how they manage their operations. This not only creates an urgent need for a flexible workforce but also a flexible infrastructure. Hence, overall, we can say that the increase in demand for furnished office space among new businesses is seen to be fundamentally driven by the growing need for a productive environment offering flexible solutions to the rapidly changing business culture across the globe. Hence, a number of newly- emerging companies in countries like Colombo are rapidly adopting the concept of fully furnished offices over conventional offices to elevate their businesses.