Types of business premises

There are different types of business premises in the Czech Republic.

• Serviced offices. It is very suitable option for many businesses in the Czech Republic. The most important thing when choosing serviced office is flexibility. The problem with conventional leases is that a company is then tied to a particular office. During the lifetime of a lease, the requirements of a company are subject to change, and adjustments aren’t often possible without incurring big fees, delays and unwanted administration problems. A serviced office gives the freedom to expand or downsize a business allowing for instantaneous use and no long-term obligations. This form of business accommodation often provides furnishings, maintenance, staffed reception and office equipment. Small and start-up business in particular will benefit greatly from this option.
• Leased offices. This may be the best option if your office needs to house many employees and you are sure that the business will be comfortable in an office for the duration of lease. It is recommended to seek legal advice regarding this accommodation option as it is a big commitment and does not allow flexibility. Leasing office restrains spontaneous business plans such as downsizing or expansion and does not cater for sudden financial requirements. Leasing in the Czech Republic also gives you a chance to customize your office space and ergonomically enhance it for the benefit of employees. Also you have more flexibility in choosing suitable location for your company which can further solidify your reputation as a company.
• Virtual offices. Virtual office is a term used to describe shared office services in the Czech Republic which typically includes a business address, telecommunication services and meeting facilities. This is usually a low-risk alternative to leasing a traditional office. In order to establish a virtual office in the Czech Republic, all participants must have an internet-ready computer or laptop which meets software needs. Another benefit to the virtual office is setting an individual schedule which may increase your productivity.