| The OnPoint serviced office, also known as 'executive suite,' is an office that is functionally equipped and supported by a professional team, which then rents individual offices to other companies. Serviced offices, which are also referred to as managed offices, business centers, executive suites or executive centers, are often found in the business districts of large cities around the world.
OnPoint serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases. Space is normally flexible, allowing for additional space to be allocated at short notice, should the size of an individual business change. OnPoint offices allows tenants to share reception services, business machines and other resources, providing reduced costs and access to equipment which may otherwise be unaffordable.
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