One of the first things that you will have to consider when starting a new business is which type of office is going to be suitable for your company.
The most important thing is to define your requirements clearly first. Will your clients and business partners visit your office? If so, you will need a physical office and will have to decide whether to opt for a serviced office or a non-serviced office. If you have no face-to-face customer contact then you may want to consider a virtual office.
Be careful not to jump in to an expensive, lengthy lease agreement, if you are at all uncertain where you are going to be in the next few years. Most SMEs will want to consider serviced offices as they are bring about many cost saving benefits with little commitment in terms of rental / lease agreements.
If you are a well established, medium to large-sized business then there are certain benefits to having non-serviced office premises, if the lease terms are agreeable and within your company's budget. You will have more choice on office location, office planning and you will likely see savings in the long term.
Stop-gap, temporary office solutions are also options for businesses who are either in the start-up phase of their business or for those who are in need of temporary office space whilst in the midst of moving offices or undergoing office refurbishment.