A business park, also known as an industrial estate, is a shared development area housing several different businesses. The main difference between business parks and industrial estates is that there is no excessive environmental impact or nuisance from noise or odours. All kinds of commercial premises may be established in a business park – such as retail or office buildings, as well as public-sector organisations.
In a business park – unlike with a prestigious business address – you have a fixed location. But what is best for you as an entrepreneur? A fixed office location or a flexible address?
The business park – advantages of a fixed location
There are many advantages to setting up or relocating your business to a business park. These business parks usually have excellent transport links. They are either connected to the nearest main road or situated in the immediate vicinity of the motorway – depending on the type of business park. This goes hand in hand with good infrastructure, which offers different advantages and disadvantages depending on the location.
The biggest advantage is the flexible rental space. In most cases, you can choose between different sizes of premises. This allows you to select the option that best meets your business’s needs. Thanks to the low running costs, you also get good value for money.
In many cases, there is also a wide and attractive range of services on offer, though this too depends on the business park’s location. You will often find restaurants, shops and even fitness centres in the immediate vicinity. For parents, this can be a useful consideration if, for example, a nursery is needed nearby.
A prestigious business address – the benefits of a flexible office solution
Particularly if you’re working from home or want to set up a new business – or have already done so – a business address is a better option for your needs for the time being. You’ll need this for numerous documents, and it will be listed publicly, for example in the legal notice on your website. By obtaining a business address, you’re not only protecting your home address – it’s also essential if you wish to register your business. A German business address is also essential for tax returns, although it does not have to be the actual registered office. For this reason, it makes sense to rent a PO box address if you do not have your own business address.
If, for example, you have only just set up your business and are looking to build up a customer base, the street and town are often a decisive factor. To put it bluntly, it is a kind of status symbol that can boost confidence among investors and customers alike. However, it is not only your public image that benefits from a reputable address, but also your company’s organisational processes.
When you rent a business address, the additional services make your day-to-day working life easier, allowing you to focus on what really matters. For example, you can have business post collected via the COLLECTION Business Centres’ service. If you move and change your location, having your own postbox address ensures that your parcels and documents will still arrive reliably.
Conclusion
A business park can be a good option for you as an entrepreneur if you already run a larger company and are looking for office space for yourself and your staff. However, if you run a very small or start-up business – or even work from home – a well-known address is the better choice for you and your business.
Cover image: ©Shutterstock/Rudy Balasko
