Do you know which type of office space is the best solution for your business?
Executive suites and conventional office space offer different features and amenities, so it is important to understand the differences between them.
In this article, we will explore the key differences between executive suites and office space, providing an overview of size, rental agreements, furnishings, and costs.
With this information, you can make an educated decision on the best office space for your business.
Features of Conventional Office Space
Leasing conventional office space typically involves longer commitments of 3 to 5 years or more. It is typically found in professional, Class A buildings, often not available under 1,000 square feet. Amenities and features must be purchased or leased individually, and the longer the lease period, the lower the price.
Conventional office space is suitable for businesses with several employees, as it offers larger available sizes than executive suites. However, it comes with a higher start-up cost due to individual amenities and a longer lease period.
Characteristics of Executive Suites
Executive suites offer smaller office space with shared amenities compared to conventional office space. Flexible rental agreements, ranging from month-to-month to 6, 12, or 18 months, are available. Additionally, executive suites come in varying degrees of furnished. From having a desk to fully furnished with artwork, décor, internet, and phone.
Shared amenities include lobbies, reception areas, break rooms, and conference rooms. Businesses with fewer employees and start-ups, wishing to avoid long-term commitments, may find an executive suite more suitable.
Choosing the Appropriate Office Space
When deciding between executive suites and conventional office space, it is important to consider your specific office needs, time frames, and budget.
Executive suites offer advantages like smaller space and shared amenities, flexible rental agreements, and fully furnished offices.
Conventional office space is typically larger and leased for longer periods of time, and each amenity may have to be purchased separately.
Start-ups and branch offices may benefit from the advantages of executive suites, while businesses with several employees may find conventional office space more suitable.
Consider the features and amenities offered by each type of office space, and contact professionals for assistance in finding the right office space for your business.
Creative Executive Space provides you with options that meet your needs.
