Serviced offices, also known as serviced workspaces, flexible offices, managed offices, or executive suites, are commercial spaces with facility management that are often found in business districts of large Serviced office facility lounge area cities. Serviced office facilities offer more flexible terms than conventional leased offices – which often require furnishing, equipment, and other cumbersome and costly resources. Serviced offices also allow business owners to rent the amount of office space that they need, rather than paying for more space than what’s required.