Are we alone or are all people speaking about the benefits of flexible work spaces? They are a hit with household names such as WeWork, TOG, Regus and more recently names like Second Home, Work-Play and LABS Flexible offices offer well-equipped environments that teams can thrive in.
Based on our findings and the changes that we’re witnessing every day demand is certainly rising and will continue to grow in the coming years. We’ve been thinking about the reasons for this.
What is a Flexible Workspace?
Also called a serviced office Flexible workspaces are offices that aren’t within the typical office space of work, and have different desk layouts as well as collaborative hubs. This could mean part-time working or condensed hours telecommuting, remote work and flexible time.
Flexible working was an advantage for some employees for parents or caregivers who had to take care of the school run or work at home. The benefit was later that was offered by a variety of innovative businesses prior to COVID-19, after the advantages of flexible working were recognized.
But, since the pandemic hit, our perception of traditional offices has changed and it’s been proved to entrepreneurs it is possible to work completed from anywhere, and to a comparable or even higher standard. This has resulted in the rise of remote working and fewer employees working in offices which, in turn will result in smaller desks in office spaces. This is the point where flexible offices are a must.
A flexible workspace Finsbury Park means that you’re only concerned about the space you’re using and that’s all there is to it. Office spaces are fitted with all the essential business equipment you’ll need including WiFi, and in certain cases hardware and computers.
5 Benefits of flexible workspaces
1. Flexible contracts
Flexible offices let you move in straight away and then increase or shrink your space, based on the current number of employees. It also allows you to plan your budget by using an all-inclusive fee and remain flexible with shorter contracts than an average office lease.
For companies that do not know what the headcount will be within six months having this kind of flexibility is essential to expand their team or reduce their size if necessary.
However, larger and established companies can benefit from this degree of flexibility in the midst of the uncertainty surrounding COVID-19. A short-term option of rolling contracts may provide some assurance.
2. You pay for the space you’ll need
There’s no reason to purchase space that you don’t use in case you need it someday like you do in the majority of traditional office locations. With flexible workspaces, you pay only for the space you require and, in the event that you need to sell space at the conclusion of your agreement and you’re not required to pay for space that isn’t used.
It is easy to increase or decrease your capacity in a short time and plan your expenditures in a monthly manner, as we have found the modern business needs to be able to do.
If you’re struggling to find the right space for your business regardless of how large or small, allow our team to assist you in your find your ideal flexible workplace.
3. Opportunities for networking
In a traditional office, you may be able to meet a friend or two at the shared microwave before returning to your desks. But coworking spaces connect people on a greater scale. Flexible office spaces mean you’ll be in the company of entrepreneurs, freelancers and sometimes international organizations that are in the same space with you.
The flexible workspaces we provide businesses with are:
Kitchens shared by the communal kitchen
Breakout zones
Casual meeting spaces
Peaceful focus areas
Fitness studios, gyms, and fitness classes
Lounges
Theatres for conferences
Event spaces
Flexible workspace providers often offer regular events that are free throughout the month This means that you’ll have ample occasions to connect with new people. In spite of the pandemic which saw many community-based gatherings were made to shift online, these providers maintained their online networking opportunities.
4. Employee wellbeing
Coworking spaces need to provide benefits that are competitiveThey’re not luring you for years therefore they have to strive to retain you. They should offer environments that encourage productivity, happiness and satisfaction.
The providers also have to be concerned about the health of employees and wellbeing, which could include events, concierge services like yoga classes and gyms and really basic services, such as good regular maintenance. Your staff and you are top of the list (as you ought to be).
5. Keep ahead of the trend
Flexible workspaces have experienced an explosive growth rate in the past few years, particularly since the outbreak of the flu. We anticipate that this trend to continue as the real estate industry changes to be more customer-focused.
The variety of experiences offered in flexible workplaces are also predicted to rise in popularity. To accommodate this growth there are more instances of cafes, restaurants and hotels being set up on the lower floors or in general, nearer to these offices, in order so that employees can be served who are on the move. These facilities allow employees to enter the office, and then wander around the areas during breaks and after work, and provide an extra sense of belonging, service and luxurious.
Flexible office providers typically know the importance of taking care of large as well as small companies alikeand recognize that the wellbeing of employees, their happiness and overall concentration can improve productivity, and ultimately your bottom number.
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