Business Centre Defined:
According to the Collins’ Dictionary, a Business Centre is a place which provides office services and facilities. A Business Centre is basically a region of space which is ambient for setting up businesses of different types.
Business centers can also be defined as premises which can be used for commercial purposes for short periods of time on a basis of membership. The business centre often charges for the accommodation of full service, which is normally higher than the rental of standardized office space and includes facilities such as housekeeping, security, electricity etc. Business Centers are often located in a particular part of town which tends to have already specified regions which can be used for different business activities.
Characteristics of a Business Centre:
A Business Center is often shared between different businesses. Lobby space, Support staff, equipments, rooms for conferences, communication services are all shared so as to maximize the potential of the business place.
A typical Business Center offers offices ranging from small to medium sizes. They are usually fully furnished and fully equipped with the necessary artifacts to fully satisfy the customers’ requirements. These services often include telephone and internet services, mail management and maintenance among others. Business Centers also provide additional services which a customer can avail if they want to such as legal advices. These centers can also be acquired for a limited time frame in cases where the customer does not have long-term plans.
Types of Business Centers:
These setting up of business centers are often initiated by governments, aiming at increasing the growth of a country and helping the economy grow to its maximum potential. Setting up a business center can also be a private venture where wealthy investors invest their money into creating and setting up a center and then leasing the customers who are in need for such facilities. Setting up of a business center often creates many job opportunities for the people of the local community, which also helps in the growth of an economy.
With the passage of the industrial era, it has become mandatory for a country or a community to set up a few business centers if it has to thrive in the changing times. A Business Center as a concept ranks as one of the best inventions of modern times. It bridges a gap between the consumer and seller market and takes the process of performing business to the next level by providing easy and fast services.