Business centre

From CEOpedia | Management online

Business center is an area with some desks, computers and a printer and office things. Often there is a copier and fax device as well. You can access the internet, print documents, scan receipts and so on. The facilities vary a little bit from hotel to hotel. It is an office arrangement[1] providing individual offices for local representatives of large companies professionals and small-business persons with sharing of lobby space conference rooms support staff telecommunications services office equipment and other amenities.Formerly called executive suites and shared offices. The industry trade organization is the Office Business Center Association International.

It is a complex of office buildings located in a large space [2], in one place, outside the city center, but close to the network of main access roads. The business park offers office space, retail and exhibition space with the hotel, warehouse, conference and restaurant facilities, small shops, kiosks, service points and car parks. offers all these facilities and surfaces for a business purpose other than a conventional office, the combination of which can be tailored to the specific needs of the tenant.

Business Development Services

Small enterprises usually create a high percentage of total employment in developing and transition countries. They play an essential role in securing income and employment for millions of people and in creating new jobs. Governments, donors, and technical agencies have been trying to overcome constraints on small enterprises to boost their employment creation and growth potential by applying various measures such as financial schemes [3], interventions to improve the business environment at local level and increasing access to Business Development Services. MSE support schemes [4] have been around for a long time.

However, many of the existing promotional activities, mainly delivered through government agencies or strongly subsidized programmes, were not achieving the outreach desired[5]. Many entrepreneurs were not getting access to these services. It was recognized that a new approach to delivering Business Development Services was needed. This paper evaluates market-oriented Business Centres that were set up with the technical assistance [6] of the International Labour Organization and compares them with those set up by other agencies.

The biggest business centers

These are the most popular and the biggest business centres in the world[7]:

  • Central business district or Commercial district
  • ABA Business Center, the tallest building in Tirana, Albania
  • Abbey business centres, UK
  • City Business Center, Bratislava
  • East Pacific Center, skyscraper complex in China (nearing completion in 2013)
  • Gibraltar Business Centre, 209 Main Street, GIBRALTAR
  • Garda Business Center, Sweden
  • International Business Center, planned supertall building in Korea
  • Jumeirah Business Center 1, 46-floor tower in Dubai (proposed)
  • Millennium Business Center, Romania
  • National Business Center, US
  • Parus Business Centre
  • Templeton Business Centre, Glasgow
  • Vojvodina Sports and Business Center, Serbia

Examples of Business centre

  • Microsoft Business Centre: This is a world-renowned business centre located in Redmond, Washington and is home to the headquarters of Microsoft Corporation. The business centre consists of a large office complex with multiple buildings and facilities, and is the hub of the Microsoft’s global operations. The business centre offers a variety of services such as office space, conference rooms, meeting and event facilities, training rooms, and a business lounge.
  • Amazon Business Centre: This is a large business centre located in Seattle, Washington and is the headquarters of Amazon.com. The business centre consists of a large office complex with multiple buildings and facilities, and is the hub of the Amazon’s global operations. The business centre offers a variety of services such as office space, conference rooms, meeting and event facilities, training rooms, and a business lounge.
  • Google Business Centre: This is a large business centre located in Mountain View, California and is the headquarters of Google. The business centre consists of a large office complex with multiple buildings and facilities, and is the hub of the Google’s global operations. The business centre offers a variety of services such as office space, conference rooms, meeting and event facilities, training rooms, and a business lounge.
  • Apple Business Centre: This is a large business centre located in Cupertino, California and is the headquarters of Apple Inc. The business centre consists of a large office complex with multiple buildings and facilities, and is the hub of the Apple’s global operations. The business centre offers a variety of services such as office space, conference rooms, meeting and event facilities, training rooms, and a business lounge.

Advantages of Business centre

Business centers provide an ideal environment for entrepreneurs and business owners to grow and expand their businesses. They offer a variety of advantages for their users, including:

  • Increased Productivity: The environment in business centers is conducive to productivity, providing comfortable workspaces, ergonomic equipment, and access to printers, scanners, and other necessary office equipment.
  • Professional Image: Business centers have a professional atmosphere and create a positive perception of the company or individual.
  • Networking Opportunities: Business centers facilitate networking and collaboration among different businesses and professionals.
  • Cost Savings: Using a business center can save money on the overhead costs associated with having an office, such as rent and utilities.
  • Flexibility: Business centers offer a variety of workspace solutions, allowing businesses to scale up or down depending on their needs.
  • Convenience: Business centers are often located in convenient locations and provide access to necessary amenities.

Limitations of Business centre

Business centers are great for entrepreneurs and small businesses as they offer a range of services, but there are a few limitations to consider.

  • Limited Space: Business centers often have limited space, making it difficult to accommodate larger groups or teams.
  • Cost: Business centers can be costly as they often charge per hour or day.
  • Amenities: Many business centers don’t have all the amenities and services one might need, such as conference rooms or video conferencing facilities.
  • Privacy: Depending on the type of business center, there may be a lack of privacy, as they often have shared workspaces.
  • Accessibility: Business centers may not be accessible to all, as they may not be in convenient locations or have limited hours.

Other approaches related to Business centre

A business centre is an area, usually within an office building, that provides resources that allow businesses to operate and increase productivity. The resources typically found in a business centre include:

  • Desks and chairs: A business centre typically provides desks and chairs to support individual and collaborative work.
  • Computers: Computers and other technology are often available in a business centre to allow employees and customers to access the internet, use office applications, and print documents.
  • Printer: A printer can be used to print documents and other materials.
  • Office supplies: Business centres often provide a range of office supplies, such as paper, pens, and other items.

In addition to the resources mentioned above, some business centres may also offer a range of other services, such as conference rooms, rental space, and access to shared office equipment. Business centres can provide a convenient and cost-effective environment for businesses to operate and grow.

Footnotes

  1. ↑ Azouzi, M. A., & Jarboui, A. (2013)
  2. ↑ Kemp, A. G., & Stephen, L. (2014)
  3. ↑ Cherunilam, Francis (2002)
  4. ↑ Lorie H. J & Savage L. J.,(1955)
  5. ↑ 57 Ways to Grow Your Business (2018)
  6. ↑ Business strategies (2017)
  7. ↑ Business strategies (2017)

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Business centre — recommended articles
Business tourism — Micro-enterprise — Technology park — Corporate network — Activity center — Medium-sized enterprise — Commercial sector — Teleworking — Advantages of cooperatives

References

Author: Ewelina Borsa

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