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5 Advantages of Flexible Workspaces

Are we alone or are all people speaking about the benefits of flexible work spaces? The concept is embraced by household names such as WeWork, TOG, Regus and, in recent times names like Second Home, Work-Play and LABS Flexible offices provide an environment that is fully serviced that teams can thrive in.

Based on our research 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 of the reason why this might be.

What is an Flexible Workspace?

Also called a serviced office Flexible workspaces are offices which are not within the conventional office spaces of work, and have different desk layouts and hubs for collaboration. It could include part-time work or condensed hours telecommuting, remote working and flexibility-time.

Flexible working was an option for employees with certain needs for parents or caregivers who had to run the school or work at home. It was then a perk provided by a range of innovative businesses prior to COVID-19 when the advantages of flexible working were recognized.

Since the outbreak, our perception of traditional workplaces has changed and it has been demonstrated to the business owner it is possible to work accomplished from anywhere, and to a comparable or better standard. This has resulted in the rise of remote working and fewer employees working in offices and, consequently results in less desks needed in offices. This is the point where flexible offices are a must.

With a flexible workspace, you’re only required to think about the space you’re using and that’s all there is to it. Office spaces are fitted with all the necessary business tools such as WiFi and, in some instances hardware and computers.

5 Benefits of flexible workspaces

1. Flexible contracts

Flexible offices let you relocate straight into the office and reduce or expand your office space, according to your current staffing levels. This means that you can budget your expenses by using an all-inclusive fee and remain flexible with shorter contracts than an average office lease.

Startups who do not know what the headcount will be within six months having this degree of flexibility is crucial to expand their team or reduce their size if necessary.

But, even larger and established companies can appreciate this flexibility in the midst of the uncertainty surrounding COVID-19. A short-term option of rolling contracts may provide some security.

2. You pay for the space you require

There’s no reason to purchase space that you don’t use in case you’ll require it in the future such as it is with traditional private office space. With flexible spaces, you only pay for the space you’ll need and, should you have to leave the space at the conclusion of your agreement there’s no need to pay a fee for space you’ve not used.

You are able to easily increase or decrease your capacity in a short time and plan your expenditures on a monthly basis that’s what that modern companies need to be able to do.

If you require assistance in finding an office space regardless of how large or small, ask our team of experts to help you locate your new, flexible space.

3. Opportunities for networking

In a traditional office, you may have a conversation with a coworker or two in the common microwave before returning to your desks. Coworking spaces, however, connect people on a greater scale. A flexible workspace Finsbury Park means that you’ll be in the company of entrepreneurs, freelancers and sometimes multinational corporations that are in the same space with you.

A lot of the flexible workplaces we provide businesses with are:

Kitchens shared by the communal kitchen
Breakout zones
Casual meeting spaces
Peaceful focus areas
Fitness studios and gyms
Theatres for conferences
Event spaces

A lot of flexible workspace providers provide monthly events for free so you’ll have ample occasions to connect with new people. In spite of the pandemic which saw many community-based activities were required to go online, the providers kept facilitating online networking opportunities.

4. Employee wellbeing

A coworking space provider has to offer competitive benefits. They’re not going to lock you for years and they must be able to maintain your loyalty. They should provide environments that encourage productivity, happiness and satisfaction.

Providers must also take care of the wellbeing of their employees This could mean offering events, concierge services like yoga classes and gyms and really fundamentals, such as reliable, old-fashioned maintenance. You and your employees are at the top of the list (as you ought to be).

5. Keep ahead of the trend

Flexible workspaces have experienced significant growth over the last few years, particularly since the outbreak of the flu. We believe this upward trend will continue as the industry changes to be more customer-focused.

The variety of experiences offered in flexible workspaces are also expected to rise in popularity. To accommodate this growth there are more instances of cafes, shops and hotels coming in on the ground floor, or in general, nearer to these offices, in order so that employees can be served in motion. These facilities encourage employees to go to the office, and then wander around the surrounding location during breaks or after work. They also provide the feeling of belonging, service and the luxury.

Flexible office providers typically recognize the importance of taking care of large and small-sized businesses alike and are aware that happiness, wellbeing and overall concentration can improve productivity, and ultimately your bottom score.