If you are currently on the lookout for a prestigious executive office, you’ll be glad to know that the States is filled with them. In fact, the problem isn’t finding a good workspace. It is learning how to spot the ones which can offer you a perfect balance between attentive service and creative freedom.
Whether it is Illinois, California, New York, Pennsylvania, or Montana that calls out to you, there are a few essentials to keep an eye out for. The first is very fast internet speeds. Only the most sophisticated networking technologies are enough to sustain a modern business. The second is flexibility. Negotiable terms are important, as they allow companies to remain agile and ready to respond to market shifts.
This guide to the top cities for ambitious businesses will help you decide where you want to start your search for executive suites and prestigious corporate addresses.
New York City
There’s no getting around the fact that NYC is an expensive place to operate. This is the case for businesses of all shapes and sizes. The market is fiercely competitive and it can often feel like the veritable jungle which people like to call it. On the other hand, there is no more exciting place in the world to launch a company. If you can make it here, you can make it anywhere.
The key to thriving and surviving here is mastering the art of balance. Keeping tight control over your overheads is essential. The line between profit and loss can be very thin in NYC, so look to minimise waste wherever possible by opting for short-term, negotiable leases. Lock in clauses will only tie up your capital and prevent you from changing your office arrangements even if the future of the business depends on it.
Or, perhaps a fully equipped executive office in The Windy City would be a better match. In 2014, it made a list of the best places in the US for startup ventures. Like many cities, it is currently experiencing a tech boom, so it is worth a look if you have digital products or services to sell. Chicago is a little less fierce than NYC and friendlier to small businesses.
North Lasalle and North Wacker are both popular areas with tech start-ups. In fact, North Lasalle is particularly celebrated. If you choose an executive office suite here, you’ll be among luxury apartments, riverside boutiques, and some of the most prestigious corporate addresses in the city. Plus, with a short-term lease, you can enjoy all of these benefits while retaining your freedom to up or downgrade when it suits.
The Southeast Financial Center of Miami is located downtime, close to some of the most high-profile business addresses in the city. It is a great spot for entrepreneurs and SMEs with big plans to attract big investors. In 2009, a UBS study ranked it the fifth richest city in the world for purchasing power. Miami is fast paced, vibrant, and unashamedly indulgent.
The big draw of this city is its popularity with tourists. It welcomes a huge number of visitors, from all over the world, and most are looking to splash out and try new things. For this reason, Miami is friendlier to new businesses than a lot of other US locations. However, entrepreneurs should still take care to minimise their overheads, particularly during those first few years.
Why Serviced Offices Are A Low Maintenance, Low-Risk Option
The USA isn’t always the easiest of countries to find success in business. This vast landscape offers so many jarringly different and distinct cultures that it can be tricky to know which one will fit your brand. This is why careful planning and a flexible approach to working models is a good idea. That way, if you do pick a location and move into a serviced office, you have the freedom to make a change if it turns out that the culture or market aren’t very nurturing.