With the increasing number of startups and commercial companies in the country, the need of the hour for these businesses has been to decide whether to opt for a furnished or unfurnished office space
The demand for commercial Office spaces has grown by 18 percent in the last year. As this demand continues to grow, there are various real estate developers involved in the development of world-class commercial office spaces in India. As companies these days are offering various flexible work opportunities to their employees, it has also led to some changes in the way office spaces are being developed.
Thus, with the growing availability of both furnished and Unfurnished Office spaces, it has become important to understand what suits the requirement of the firm and how the entrepreneurs or the companies want to establish itself in the market. There are several pros and cons to choosing a particular type of office space. However one of the key things to note is that the space that one opts for must be following the size and scale at which the business is operating.
RealtyNXT lists various things to keep in mind before choosing a furnished or unfurnished office space.
One of the best advantages of opting for Furnished Office space is that it hardly takes any time to set up anything inside the office as it is already equipped. Thus it becomes very easy for businesses to start their work as soon as they shift to the newly furnished office space. It saves a lot of time.
In the case of unfurnished office space, it takes comparatively more time as the entire office needs to be equipped with all the necessary things that are required, such as tables, chairs, light and other things. This usually takes days or even weeks to set up and thus a lot of time is consumed in the process.
Therefore, companies which can consider a few days for the entire shifting process may opt for an unfurnished office but those which cannot afford to lose any amount of time must keep in mind the greater advantages of opting for a furnished space.
Although it is easier to shift to furnished office space, the rent for such a place is much higher than the unfurnished office space. As furnished office spaces provide lots of facilities and ready decor, thus companies must keep in mind the high amount of expenditure that needs to be spent on paying its rent.
On the other hand, furnished office spaces are much more affordable. This is a major benefit of renting such a space, especially for newly formed startups as the amount they will be spending in such a space will be much lower than what they would need to spend on a furnished space.
A company or start-up has much more ease and liberty to customise the interiors in the case of unfurnished office space. They can paint the walls or hang decors or stick wallpapers that are relevant to the essence of the company. Thus there is more freedom in terms of customisation in an unfurnished office space.
In the case of furnished office space, the companies will have to adjust as per the decorations in the interior of the office as customisation will not be allowed in such a space. Thus, the overall look and feel of the office space in a furnished office are kept neutral for businesses of all domains and sectors.
Companies opting for a furnished office space need to be careful about any damage that is done to the furniture of the office space or any marks and scratches on the walls. All the decor must be kept intact when they plan to vacate it. In case of any damages, the company would have to pay for the damages done.
In the case of unfurnished office space, the companies will purchase their furniture and thus they need not worry about any damage done to the furniture or the decor of the office space. These assets are owned by the company and therefore they do not have to worry about maintaining these.
Companies need to consider the fact that when opting for unfurnished office space, they will have to face a few hassles such as arranging for the electrical wiring or plumbing of the space. These add a lot of hassles as the companies need to personally make sure that all amenities are arranged so that everyone can work in the office comfortably.
On the other hand, there are absolutely no such hassles as everything is available as soon as the company shifts into this new place. Not only do they save a lot of time, but they also save a lot of money and can start their work immediately.
ALSO READ: Differences Between Serviced Office And Coworking Space
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