Why is a Satellite Office?
A satellite office is a branch of a company which operates from a different location to its Headquarters. It can be in a different city or country, depending on the company’s requirements.
Satellite offices can differ in size and function from a single desk workspace for a CEO to a large office for hundreds of employees. Companies that rent a satellite office get a private, lockable office that belongs to the company.
Why Do Companies Use Satellite Offices?
A. To expand into new markets
Renting a satellite office can help a company reach customers in a new geographical area. By exploring new locations, companies can target new customers with different cultures and preferences.
B. Recruiting talent
A satellite office can allow companies to hire employees from different locations. It provides access to specialised skills and expertise that may not be available near to their main office.
C. Lowering costs
A company can save on rent, utilities, and travel expenses by renting a satellite office closer to its workforce. It can also help the company to distribute its workload and staff across various locations.
D. Improving productivity
By reducing the commute time and possible overcrowding in their main office, a company can increase productivity by renting a satellite office. Companies can also be more flexible with employees by allowing them to work closer to clients/partners.
E. Boosting morale
Satellite offices offer a chance for companies to boost morale by offering their employees better options for a work-life balance, socialising, and career development. Companies can create a culture of collaboration and teamwork among employees in different locations.
How To Set Up and Manage a Satellite Office
Setting up and managing a satellite office requires careful planning and consideration. The points below provide an outline of steps to take.
Step 1 – Conduct Market Research
Before you rent a satellite office, you will need to research the best location and size for your office. You will also need to consider the financial, legal, and logistical aspects of working from the new location.
Step 2 – Find a Suitable Space
Once you have decided on a location, you will need to find a suitable office that meets your budget and requirements.
Step 3 – Hire New Employees
After you have secured your new office, you need to hire employees who have the right skills and qualifications. It is best to establish clear communication channels between the main and satellite offices from the start.
Step 4 – Evaluate Performance
Regular evaluations of the satellite office are key to making sure it is running efficiently. You should identify any issues that arise and deal with them promptly whilst also ensuring that achievements and successes are celebrated.
Where Can I Find a Satellite Office?
Well, you will be pleased to know that if you are searching for a satellite office space in London or anywhere in the UK, you can find them on our website. Any of the serviced offices we list can be used as a satellite office.