2015 was a record-breaking year for mergers and acquisitions, with $4.9 trillion in activity, according to research from company Dealogic.
Put simply, mergers and acquisitions allow companies to either consolidate two entities into one, or to take over an existing entity for the benefit of growth strategy and competitive placement in the market.
With the benefits of mergers and acquisitions, come the downsides, particularly with job loss and the sudden need for changes in office space for the new corporate structure. Companies can find themselves with entire buildings left vacant as they consolidate their employee base, often prompting costly fees to get out of an existing lease or the trouble of listing the space for sublease.
Preferred Office Network’s office space model solves the problem of wondering what will happen to your vacant space or sudden need to move employees to a new space. When clients select one of the 380+ Preferred Office Network business centers in North America, they are guaranteed the following:
-A No-Term lease agreement: Our clients don’t commit to 12, 6 or even 3 months for office space. Their term, is No-Term and they simply give a 60-day notice to vacate. No questions asked. Imagine the freedom and flexibility of this model for your business. It’s possible with Preferred.
-One master agreement to cover ALL business center locations: Gone are the days where your business’s legal department had to comb through multi-page agreements to sign a lease. Preferred has one agreement that when signed applies to all of our business center locations. Clients get the same terms anywhere they go.
-Immediate move-in and a plug-and-play environment: Business plans can change quickly. Preferred allows clients to get to work right away with a furnished office, reception and cleaning services, internet and phone connectivity, and more.
-Low initial cost outlay: Since the offices in our business centers are ready to go, your business does not have to plan for a large capital expense to build out space. We can make modifications as needed, but many times our business centers are just the right fit for clients with no changes required.
We’ve helped hundreds of clients move in and move out as their business needs changed. If you’d like to schedule a free strategy call with one of our Corporate Account Managers, please call 1-855-4NOTERM or email us at info@preferredofficenetwork.com.