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A Guide To Corporate Offices

A business’s corporate office can have a massive impact on the way that it functions, its culture, brand loyalty, and even its ability to make a profit. It is essential that you, as a business, have the right commercial office space for you and your needs.

Of course, every business is different, and therefore, has different and specific requirements for commercial premises. Here at Spacepool, we have a wide range of different corporate offices that you can choose from to ensure that you get the best and most effective office space for your business regardless of its size or structure.

What Are Corporate Offices?

Many businesses involve offering a service or experience – a shop, restaurant, or trip, for example. Whilst this is the principal element of the business, it also requires a back office to essentially run the business. It is where the accounts are processed, perhaps the personnel is managed, strategies discussed, and the marketing directed, and this is known as a business’s ‘corporate office’.

A business’s corporate office is often known as its Headquarters or Head Office and is often the foundation of the company where satellite offices are set up around, or shop or restaurant branches report to.

In a world where more and more people are working remotely, or businesses change their commercial property models to a ‘hub and spoke’ system (with the corporate office being the ‘hub’), corporate offices have never been so popular. We are seeing a significant change towards a central office and smaller satellite offices as people look to reduce their commuting time and change their working habits.

 

What Do Corporations Need from Their Office Space?

Every business is different and unique. And this means that every business’s office space requirements are also different and unique. When you are considering renting a corporate office space for your business, there are some fundamental details that you should think about when you are choosing one.

These include:

  • What are the elements that you believe work for you in your existing office space?
  • What are the elements that you would like to change about your existing corporate office space?
  • What are the most important features that you think you need from your new commercial premises?
  • What kind of working model do you have – full-time in the office, hybrid, working from home, or a mixture, for example?
  • What numbers of staff do you have and how do you see this changing in the near future (over the next five years, for example)?
  • What are the requirements for each department – do they need meeting rooms, and individual offices, or is open-plan a better option
  • Would hot-desking be preferred?
  • What are your networking requirements?
  • Where is a good location for you – consider how easy it is for your staff to get there, do you often have international visitors, as well as other logistical considerations?
  • Will you require parking facilities?

It can be useful to consult with managers of each department to get their opinion on some of these considerations.

 

Corporate Offices vs Standard Offices

Corporate offices are generally speaking the foundation of large businesses. They normally ‘incorporate’ a range of different departments that are all involved in the running of a business, whilst the smaller offices, retail units, or restaurants all actually carry out the business of the company. This is the difference between a standard office and a business’s corporate office. Corporate offices are, essentially, the headquarters of a group of different commercial spaces, whether they are standard offices, retail units, warehouses, or some other kind of commercial space.

 

Types of Corporate Office

Within the area of ‘corporate offices’, however, there are a number of different types of corporate offices. Each one has its own merits for different businesses, and it is important that you choose the right one for you, depending on your unique circumstances.

Some of the different types of corporate offices include:

Leased Offices – These are usually rented unfurnished and give businesses the least flexibility of all of the corporate office options that are available. When businesses rent a leased office, they will normally get empty premises into which they will bring their own desks and office furniture, set up their own telephone and internet lines, and design the layout themselves.  For businesses that are stable and looking for a long-term, fixed office, with their own office equipment, a leased office may well be the best solution.

Managed Offices – These will normally have some of the business infrastructure already installed when they move it. They might have, for example, the telephone and internet lines, desks, and kitchen facilities already installed, taking away a lot of the work of moving into a new corporate office, whilst giving you the flexibility of organising your own structure and layout, and perhaps meaning that you need to spend money buying office equipment.

Serviced Offices – are set up completely ready for you to go. A serviced office will include desks, printers, internet, phone lines, often a receptionist, and amenities. It is, essentially a place where you can turn up and plug in, meaning that there is little organisation needed, less outlay on office equipment, and a great degree of flexibility for your business. Serviced offices are a great option for small and medium-sized businesses, especially those that will potentially be growing in the next few years.

 

Corporate Offices in London

There are many reasons why you should choose to base your corporate offices in London. Regardless of the kind of industry that you are in, you will find like-minded businesses in London.

With the country’s financial heartland in The City, whether you want to be among the creatives in Shoreditch, or in the prestigious Mayfair neighbourhood, London has professional, productive places for every kind of business.

Here at Spacepool, we have a range of different offices to choose from that can meet your corporate office space needs all around London and beyond!

We provide day passes, hot desking, meeting rooms, fixed desks, and private office options, giving you excellent networking opportunities, great transport links, and a wealth of sizes and corporate premises with different solutions for you.