01/02/2024

The benefits of setting up your business in a business park

Why are business parks strategically located for easy access?

Business parks are often located near to major transportation links, including highways, airports, and rail networks, to ensure fast and convenient access for employees, clients, and suppliers.

The convenience and connectivity of these centralised hubs gives businesses access to regional, national and global markets. When you are considering setting up your business in a business park, taking into account the following benefits, you’ll be able to:

  • Readily tap into dense talent pools and a concentration of potential vendors, partners, and clients with which to do business efficiently
  • Reduce commute times for employees with their close proximity to surrounding residential areas and public transit links
  • Make use of on-site amenities like cafes, restaurants, hotels and convenience stores to minimise trips outside the office

Locating in a centralised business park can maximise productivity through convenient access and minimised travel requirements for the workforce.

At the same time, their strategic locations similarly allow convenient access for visiting clients and business partners coming from other regions. The combination of connectivity, visibility and accessibility offered by prime business park locations provides a strategic advantage for occupier companies.

How do business parks help reduce costs and share resources?

By offering shared infrastructure and built-in services, business parks can enable companies to lower their operational costs and avoid large upfront investments in facilities.

Companies located in these centralised hubs can benefit from shared resources without incurring substantial setup and operational costs. 

Business parks provide:

  • Built-in services like high-speed internet, backup generators, meeting rooms, technical support and managed security
  • Access to shared spaces like outdoor space, cafes, fitness centres and conference facilities
  • Everything from office complexes to manufacturing facilities, ensuring availability of flexible, scalable spaces to support evolving business needs
  • On-site maintenance and landscaping services also minimise facilities management resources 

What networking and collaboration benefits do business parks offer?

In addition to cost savings, business parks bring together a diverse mix of companies and institutions, creating natural opportunities for networking, partnerships, and cross-industry collaboration.

Networking opportunities arise in formal and informal settings such as shared conference venues and cafes or restaurants.

Companies located alongside industry associations, academic institutions and development organisations also gain access to events, seminars and think tanks.

These networking opportunities allow companies to:

  • Make connections with vendors
  • Find new clients
  • Recruit skilled talent and identify potential partners

The cross-pollination of ideas, skills and capabilities drives new initiatives, technologies and solutions.

Occupiers essentially gain exposure to an ecosystem of peers, partners and specialists that can propel business growth and expansion, and the open exchange of insights and capabilities makes business parks a nexus for innovation and collaboration.

How can a business park improve your brand image and credibility?

Locating your business in a well-regarded business park can bolster your organisation’s professional image, with prestige, modern architecture, and association with other respected occupiers contributing to stronger brand credibility.

  • The prestige and reputation of surrounding occupiers and neighbours confer credibility by association
  • State-of-the-art architecture, robust infrastructure and amenities project an image of innovation and vitality
  • Professional on-site staff, including security and concierge personnel, also contribute to a distinguished atmosphere

Companies located in these business hubs gain brand equity from their address and neighbourhoods. They can better attract top talent by underscoring the strategic location and facilities. Customers and partners similarly gain confidence in the brand based on the enterprise’s home in a thriving business park.

The professional environment enables brands to project success, establish authority in their industry and attract business. As a result, occupying space in a prime business park can boost brand awareness, positioning and equity in the marketplace.

What technology and infrastructure advantages do business parks provide?

Business parks can give access to first-class technology infrastructure and facilities to provide companies with a competitive edge, ultimately supporting innovation and digital transformation.

Innovation centres, labs, testing facilities and maker spaces enable occupiers to conduct R&D and pilot emerging technologies. Additionally, advanced IT infrastructure like high-speed broadband and secure data centres facilitates the integration of technologies like AI, automation and cloud computing.

Business parks increasingly feature intelligent building management systems, renewable energy capabilities and EV charging stations as well. Access to scientific and technical talent from neighbouring institutions allows companies to maximise the use of these technological resources.

The sustainable, future-ready facilities provide a launchpad for companies to implement innovations in operations, manufacturing, products and services. State-of-the-art infrastructure can empower your business to achieve its strategic goals and build a competitive advantage.

Grade-A office space in the perfect working environment

Whether you’re a business owner looking for the ideal space to set up shop or a professional hoping to work in a dynamic environment, business parks offer the infrastructure, community, and strategic location to foster growth and innovation. Maxis is proud to be rated BREEAM ‘Excellent’, representing best practices for sustainability performance. To learn more, get in touch with us today.

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