Business Environment has launched a cost-effective office package to help support start up businesses based in and around London.
The serviced office operator has introduced the new deal at its Minories office in East London to enable start-ups to take office space without the need to pay a deposit or first month’s licencee fee or sign up to a fixed term contract. It equates to a saving of £7,000 for a two-person office in the City.
The package comes in response to the Government’s Start Up Britain initiative, launched at the end of March, which sees a series of measures to encourage and support enterprise.
David Saul, Managing Director of Business Environment, said: “Setting up a new business is a daunting prospect for anyone and so we wanted to create a low-risk option for budding entrepreneurs, granting them more flexibility and making it easier for them to start a business.
“The Government is appealing to the private sector to back young businesses and help them to start and grow, and so we were keen to lend our support to the campaign. By taking away fixed contracts and upfront costs, we’re removing barriers that might stand in the way of businesses setting up, so that they can take advantage of a new office in the City of London, at an exceptionally good rate. “
Minories is the first of Business Environment’s centres to offer the special package, but the company hopes to replicate the deal across its 17 centres in London and the South of England.