3 Reasons Why You Should Rent A Workspace Instead Of Buying
From expanding your business capabilities, ensuring improved work productivity to saving costs – there are many reasons why an office for rent can help your business tremendously. Especially if you’ve just started your business, renting is an ideal choice due to the lower costs involved; allowing you to use your finances for marketing your business or manufacturing your products.
Read on to find out exactly how renting a work or self-storage is a better choice than owning one.
As a new business owner, especially a startup, it can be difficult to raise sufficient money and own a commercial property in a high-end area. Moreover, if business image and a well-known address are required for your business, renting is the more ideal choice. Renting allows you to gain access to workspaces in prime locations that would have otherwise been impractical with your beginning capital.
At Work+Store, we have the cheapest self-storages and workspaces available – whereby our range of storage units go from 6 sqft up till 730 sqft, whereas workspaces start from 88 sqft onwards. You can also take your pick from our wide selection of 10 locations in Singapore, comprising Aljunied, 72 Eunos, 100 Eunos, Pasir Panjang, Ang Mo Kio, Kallang, Bukit Merah, Bartley, and Upper Thomson. Selected units at our 100 Eunos building are available for rent right now. The building is completely revamped and comes with all-inclusive rental rates, comprising facilities, utilities and GST fee. Give our staff a call if you’re in need of extra information regarding our units. Terms and conditions apply.
Flexible lease terms
Eventually, all businesses will grow over time as they gain more employees and clients. As such, there will come a time when you’ll have to expand into a bigger business space. Similarly, you may also consider downsizing if you’re looking to cut down on costs or focus your finances on other areas of your business.
Work+Store is able to help in this area as we are highly flexible when it comes to tenancy terms. Likewise, our workspaces which can act as ancillary offices, are equally flexible in juggling multiple tasks under a single roof. Short tenure period aside, tenants at Work+Store may choose to contract transfer to other sorts of services and products within our premises or even our parent enterprise, LHN Group, the extensive array including options like pop-up shop venue rental, event locations, and many more.
Affordable rental cost
Generally, renting a workspace is a more attractive option for aspiring business owners in comparison to buying because of the low upfront investment. Especially if you’ve just started a business, renting will leave you with extra finances to touch on other opportunities such as future product launches, brand awareness, and so on. The more working capital you have, the better the ability to expanding your business.
Our Zero Deposit Guarantee ensures you don’t have to give a deposit beforehand, allowing you to focus your finances on other parts of your business. At the same time, we even offer all-inclusive rates for our workspaces – covering basic facilities like a powerpoint, air conditioning, lighting, 24-hours camera surveillance and accessibility. By offering the cheapest self storages and workspaces, Work+Store aspires to offer cheap office space for startups so they can start the business smoothly. As work and storage space are joined together as one, the overall customer experience is enhanced through heightened efficiency in logistics procedures and goods acquisition.
Compared to buying a workspace, renting has its fair share of benefits that will grow your business over time.
As the government is gradually easing the COVID-19 restrictions and allowing more and more businesses to resume operations, we still must take precaution by following the rules and measures set by the government closely. Work+Store highly advises existing tenants to comply with these rules while using our spaces to ensure the safety of ourselves and employees. Hence, let us all do what we can to keep our workplaces or self storages safe and secured.
If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at email@example.com for more information!