[+] Implications of executive suites
For many start-up technology firms in Austin, like e-Commerce businesses, there isn’t a need for a full-time secretary and receptionist. The firm may not need other full-time, administrative staff members either, however; these staff members are needed sporadically. To resolve issues like these, executive office suites are created so that closely neighboring suites are able to acquire these key personnel, as well as other resources, and share them amongst all offices.
Executive suites are a cost-effective method of running an office, but there are many headaches that result from sharing resources. Personnel can become busy tending to the needs of other office suites, which can frustrate a business owner that needs urgent assistance. Disagreements can arise because personnel or equipment is not shared equally. Many executive suite leases tend to require long-term commitments that are not ideal for a lot of technology firms in Austin. Therefore, firms in industries that tend to lead to rapid growth will want to seek a short-term agreement on an executive suite.