Are we the only ones 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 offer well-equipped environments that allow teams to flourish in.

Based on our findings and the trends that we’re witnessing every day demand is certainly rising and will continue to increase in the next years. We’ve thought of the reason why this might be.

What is a Flexible Workspace?

Also called a serviced workplace, a flexible workspace Finsbury Park are offices which are not within the conventional office spaces of working. They have various desk layouts as well as collaborative hubs. This could mean part-time working or condensed hours telecommuting, remote working and flexibility-time.

Flexible working was an advantage for some employees like parents or caregivers who had to take care of the school run or work at home. The benefit was later provided by a range of innovative businesses prior to COVID-19 when the advantages of flexible work were discovered.

Since the pandemic hit, 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 even higher standard. This has resulted in the rise of remote working that means fewer workers working in offices which, in turn will result in less desks needed in offices. This is the reason flexible offices become a necessity.

With a flexible workspace, you’re only required to think about the space you work from and that’s all there is to it. Office spaces are fitted with all the modern necessary business tools including WiFi, and in certain cases 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, based on the current number of employees. This means that you can budget your expenses by negotiating an all-inclusive price and be flexible with shorter leases than the typical office lease.

Startups who do not know what the headcount will be within six months having this kind of flexibility is crucial for them to increase their team size or shrink if they need to.

However, larger and established companies can appreciate this flexibility despite the uncertainty surrounding COVID-19. The possibility of short-term, rolling contracts may provide some assurance.

2. You pay for the space you require

There’s no reason to purchase space that you don’t use in case you need it someday such as it is in the majority of traditional office space. With flexible workspaces, you pay only for the space you’ll need and, should you have to leave the space at the expiration of your contract there’s no need to pay a fee for space you’ve not used.

It is easy to adjust your budget 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’re struggling to find the right space for your business regardless of whether it’s large or small, ask our team of experts to help you locate your new, flexible workplace.

3. Opportunities for networking

In a traditional office, you could have a conversation with a coworker or two at the shared microwave before returning to your desks. But coworking spaces allow people to connect on a greater scale. Flexible office spaces mean you’ll have the benefit of being surrounded by entrepreneurs, freelancers and sometimes international organizations that are in the same space with you.

A lot of the flexible workplaces that we offer businesses 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 monthly events for free so you’ll have many occasions to connect with new people. In spite of the pandemic that saw many community activities were required to shift online, the providers kept facilitating online networking opportunities.

4. Employee wellbeing

Coworking spaces need to provide benefits that are competitive They’re not going to lock you for years therefore they have to be able to maintain your loyalty. They must provide environments that encourage productivity, happiness and satisfaction.

Providers must also take care of the wellbeing of their employees and wellbeing, which could include events, concierge services such as yoga classes, gyms and other events in addition to fundamentals, such as regular 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 an explosive growth rate in the past few years, particularly since the outbreak of the flu. We anticipate that this trend will continue as the industry changes to be more customer-focused.

The variety of experiences offered in flexible workspaces are also expected to grow in popularity. In order to meet this demand we’re seeing more evidence of cafes, shops and hotels being set up on the ground floor, or at least closer to offices, in order so that employees can be served in motion. These facilities allow employees to go to the office and explore the surrounding areas during breaks and after work. They also provide the feeling of service, community and luxurious.

Flexible office providers typically know the importance in taking care of both large and small-sized businesses alike and recognize that the wellbeing of employees, their happiness and overall focus can boost productivity, and ultimately your bottom number.