Flexible Workspaces – A Panorama Shot of this Cutting-Edge Concept
Where to settle, how to land more clients, and what will bring more profits are some of the trickiest questions to which businesses can not find answers. Given the uncertainty of economic recession, financial instability, stock decline in international markets, and employee quiet quitting, managing daily tasks is among the primary challenges with plenty of secondary concerns following.
In all the depressing times, flexible workspaces emerged as a modern alternative to traditional 9 to 5 working protocols. While they began their journey as practical solution providers for freelancers, digital nomads, and startups, shared office spaces have now become a new normal for every enterprise embracing hybrid work models. In fact, flexible workplaces are gateways for every size or niche of business into the corporate realm.
What Businesses Should Know Before Choosing a Corporate Flex Work Space
Corporate flex workspaces are among the catalysts that brought revolutions in the business world. In its truest sense, these solutions providers have taken work models to a whole new level. With flexible lease contracts, spacious buildings, technologically advanced attendance systems, computerized receptionists, and separate facilities to meet business demands, shared office spaces are setting pace for enterprise growth.
Due to an increase in their demand, the global number of shared office spaces for rent is forecasted to reach 41,975 by 2024. Despite all these appealing attractions, businesses should not take quick decisions because they might end up in the middle of nowhere or somewhere with zero corporate networking.
Let’s dive into the following comprehensive guide to ensure business owners do not miss any point while choosing a flexible workspace.
Are There Separate Conference and Meeting Rooms?
One of the prerequisites is whether they provide separate meeting and conference rooms or not. Furthermore, the kind of environment is another point to consider. With more than 100 people using the space simultaneously, the surroundings can be a lot noisier.
Evidently, co-working steads come with a wide range of conference areas either in form of private lounges or designated floors. But, the property’s acoustics can be a real turndown for businesses that often schedule confidential meetings. Therefore, choosing a flexible coworking space with quieter meeting rooms will be a wiser decision.
Is There Enough Room to Accommodate Employees?
Differentiating between shared and collaborative workspace is of utmost importance because the former might not be able to accommodate all business employees but the latter has enough room. Therefore, with an average area of 7,308 square feet, shared corporate steads offer flexible, cost-effective solutions and open doors to the whole team.
Are the Lease Terms Flexible?
Separate meeting rooms, spacious floors, and attractive locations are what businesses majorly look for in a flexible workspace. However, strict lease terms and hidden charges can alter a company’s budget allocation. Workers with scarce resources such as freelancers or startups often choose small spaces but get stuck in lease contracts when they require more elbow room. In this regard, virtual office spaces with flexible tenancy and negotiable terms can help a great deal in business expansion.
Which Businesses Move to Corporate Flex Workspaces?
Apart from other considerations such as what businesses should look for in a corporate flexible working space and how they will influence growth in return, figuring out the relevant space is another point of view. While entrepreneurs might feel more comfortable among similar workers, individuals from diverse Job Descriptions (JDs) are a bonus.
Irrespective of coworkers’ backgrounds, some businesses are inclined to move their operations to a corporate shared office stead.
Research and Development (R&D) Sector
Companies that offer business research and development insight services often require a space to be subtle. Flexible working space provides several services to R&D officers such as a data lab where they can conduct thorough investigations, a warehouse to store any documents, and a peaceful environment to come up with more success-ensuring corporate ideas.
Entrepreneurs, Start-ups, and Small Businesses
Co-working spaces are the guardian angels for startups, growing companies, and entrepreneurs. Owing to a series of benefits, they help them expand their services and land more clients. Flex spaces lease separate rooms, parking areas, and hot desks. Hence, they offer ideal solutions at affordable prices.
Pharmaceutical Companies
Pharmaceutical companies seek places that offer multiple solutions in one building. Office spaces for rent help them expand services by providing both storage and retail options.
Data Centers
With the expansion in internet usage and digital platforms becoming the new normal for everything from transactions to shopping, the need for data centers is growing. This is where personalized, flexible stations come in. They provide separate rooms for equipment, servers, and employees.
Non-Governmental Organizations (NGOs)
NGOs greatly benefit from moving into a virtual office space as they can build networks and raise more funds. Corporations lent around $20 billion to nonprofit organizations last year. Moving to a coworking space can bring a massive share of these funds.
Benefits of Moving to a Corporate Coworking Office Space
Europe is the predominantly flexible workspace capital of the world, with around 1,160 corporate, well-furnished, and professional offices. The United States follows with 781 spaces and Germany stands third, clocking in at 230 spaces. Once written off as a fad, shared offices are now growing as the most reliable option for every type of business. They increase networking, improve productivity, and accelerate the supply chain.
Evidently, 30% of offices will be transformed into flexible workspaces by 2030 and this number will continue to increase due to several more benefits.
Allows Smaller Businesses to Scale Up
Around 42% of the co-member are freelancers that have moved to flexible corporate meeting spaces for more growth. With lower lease costs, unnecessary overhead charges, and more networking, entrepreneurs and small businesses can scale up alike.
More Space for Morale-Boosting and Team-Building
Flexible virtual office spaces have enough room to bring the whole group of employees on board. Therefore, businesses can build efficient teams and boost morale as a study shows that 84% of coworkers feel more motivated while working alongside people from diverse backgrounds.
Centralized Operations for Employees
Workspace stay-connected buildings benefit businesses and have potency for employees. They can collaborate across different departments, generate more leads, and boost productivity.
How Does Techub Blend in?
Corporate flexible coworking spaces offer countless benefits to businesses. Startups can foster interaction, NGOs will attract more funds, and other companies will increase their clientele. Being fully customizable, Techub provides quality services with technologically advanced IT systems. Furthermore, they meet all business needs, whether professional or social in a budget built by consensus.
Get in touch with our team at Techub to unwind more growth opportunities.
