It’s the start of a shiny new year and many businesses will have taken time to review their business plan ready to get off on the right foot. Even if you don’t have a formal business plan we bet you’ve thought about what you want to achieve this year, whether that’s grow your business, take on more staff, or just maintain your current level of trade.
If you plans include growing – or shrinking – your business, you’re going to need to think about how suitable your current office is.
Our flexible, tenancy-at-will model
The story behind the development of Croft Myl is one of a business looking for the right home. We bought Croft Myl to house our electrical testing and compliance business, Circuit Electrical, when we couldn’t find other suitable offices on the kinds of terms we wanted. That meant that we knew what small businesses wanted when we were developing the remainder of the building into office.
Our tenancy-at-will model means tenants only have to give 24 hours’ notice to leave or change their office – unlike most of the bigger providers of serviced office space. We believe it’s this flexibility which gives micro and small businesses the confidence to try an office for the first time.
We also created a wide range of office sizes so that people could take their business from their back bedroom or dining table into an office and Croft Myl’s facilities would grow with them as their needs changed. We wanted to create long-term tenants, a kind of Croft Myl family, and having a range of office sizes allows us to accommodate tenants as their businesses grow and expand.
So if you want to move from a two-person office to a four-person one because you have big plans to expand in 2017, that’s no problem. Equally, if you need less space – maybe you’re reducing the number of people in your business or don’t need as much space for stock – then we can help you with that too.
Save without trying
Basing your business at a flexible office like Croft Myl means you save without trying.
Think about it. If you rent a typical office and need to grow, you have to find new premises. That’s when the costs start:
- Moving companies to transport your furniture and files
- Reprinting stationery and business cards with your new address
- All the time it takes to let people know your new address – banks, Companies House, suppliers…
And that’s before you think about the impact on clients who get used to coming to see you at a certain address and then find you’re at another. Or the disruption to staff who are used to travelling to a particular place – change is never popular, is it?
If you’re likely to see big growth for your business over the medium term you’re also stuck between the rock and the hard place that is taking – and paying for – a bigger office space than you need to start with, or moving again when you out-grow the one you just found. Neither of those options feels very smart.
The benefits of serviced offices
Where do we start?! Do you want to recruit and pay reception staff, maintenance people…? We do that for you so you don’t need to worry. It’s like living in a chore-free house (although you’ll need to fix your own meals!)
Need a meeting room to host that important client or workshop? No problem, we have those too at a very reasonable rate.
And best of all you get just the one bill which covers the rent, utilities and high speed leased line internet, making the money easy to manage.
Come and see for yourself
Our offices start from just £100 a month or you could dip your toe in the water with co-working space from just £45 a month.
Tempted? Why not let us show you around? Give the friendly team a call on 01422 413035 to book a tour.
