Once a breeding ground for startups and freelancers, the face of flexible workspaces is evolving in the wake of the pandemic, with demand for alternative offices steadily growing among enterprises.

So why are larger teams looking at alternatives to traditional workplaces, and can flex spaces providers accommodate the unique business requirements of established companies? Read below to find out more.

Redefining what flex spaces are

In its early stages, flexible working began with the idea of coworking. For those unfamiliar with the term, coworking spaces are typically open areas home to a diverse workforce. Think of them as vibrant working environments bustling with various professionals from all walks of life.

Since then, these workplace environments have expanded to include small private offices offering a degree of quiet and privacy removed from the communal spaces.

Now with enterprises expressing interest in flexible office solutions, larger, customised serviced offices have materialised, accommodating the varying business needs and demands at a fixed cost.

Now with enterprises expressing interest in flexible office solutions, larger, customised serviced offices have materialised, accommodating the varying business needs and demands at a fixed cost.

What Attracts Large Companies To Flex Space?

COVID-19 was a real turning point for companies across the globe.

Before the pandemic, office space solutions were quite limited in their scope, where the options for some were either remote working or conventional HQ. Things have obviously changed.

After months of employees working from home, two things have been made clear. One, that remote working wasn't nearly as disastrous on productivity as anticipated, but that, for some companies at least, full-term remote working can't go on indefinitely.

Two, that people want to go back to the office. However, they aren't inclined to return full time, instead preferring the idea of one or two days in office to meet and collaborate on projects.

For these above reasons, it doesn't make financial sense for companies to opt for traditional workplaces when employees are constantly in and out of the office.

Offer Flexible Working Conditions During Uncertain Times

Businesses can't predict what’s to come, and in the wake of COVID-19, it’s a sobering reality that’s been all the more emphasised.

Companies are hesitant about getting locked into long and uncompromising leases that don't offer much wiggle room during these turbulent times.

Flexible offices have become all the more attractive because they offer a greater degree of flexibility, providing leases that cater to your immediate needs while also accommodating for the future.

In a flex space, organisations have the option to scale up or downsize based on their size requirements. In addition to the above, there's no expectation of committing to long-term renting unless it suits the nature of your business and work style.

Flexible offices have become all the more attractive because they offer a greater degree of flexibility, providing leases that cater to your immediate needs while also accommodating for the future.

De-densifying For Safe And Shortening Commutes

Decentralising office space wasn't a popular option before the pandemic; now, more businesses are implementing this strategy into their planning process of re-entry into the workplace.

The reality is that COVID-19 is here to stay in some shape or form, meaning that dense offices aren't just claustrophobic for office occupiers but remain unsafe.

For the health and safety of employees, some organisations are maintaining their central headquarters while setting up satellite offices in convenient locations to shorten commutes and prevent overcrowding. This way, employees aren't compelled to travel far to reach work.

Having satellite offices scattered across the city or even the country is desirable for two reasons. Firstly, with long commutes removed from the equation, staff retention rates could increase. Secondly, companies aren't limited by location when recruiting staff members and, therefore, can select the best candidates for the job.

Foster New Ways Of Working, Thinking And Collaborating

In flex spaces, physically separating teams according to their role may result in an organisational shift and a positive change in the workplace culture.

This transformation might lead to a happier, more productive workforce that drives a company forward.

Further to that, flexible working sets the scene for innovative thinking. Being around startups, freelancers, and other companies exposes your business to fresh ideas and new ways of thinking, which can only be good for business.

This cross-pollination mode of working helps businesses maximise their potential. From chance encounters over coffee to planned meet-ups, being in a flex space increases a company's chances for successful networking, collaboration and co-creation.

Being around startups, freelancers, and other companies exposes your business to fresh ideas and new ways of thinking, which can only be good for business.

Boost Visibility

In an ever-competitive marketplace, enhancing one's corporate image can be a challenge.

Being set up within a flex space has its perks for increasing brand awareness because it attracts new talent, potential customers and collaborators.

You also have the opportunity to build your brand further through word of mouth, hosting events, and showcasing brand paraphernalia.

Custom-built Flex Spaces Just For Your Company

Traditional workspaces might be restrictive in terms of their space and layout, not quite aligning with the needs of a business.

While some still have an outdated vision of present-day flex spaces, thinking all shared working environments are the same, that's not the case at all.

You'll find that workspace offerings are more diverse than before, supplying private suites to companies of all sizes, customised to meet their specific requirements. What’s more, the option to scale up and down to serve a company's changing needs over time is there.

The Chance To Focus On Core Business

There's nothing more taxing on your time than having to be responsible for office management. Fortunately, the responsibility of running a workspace falls on the flexible space provider, allowing you to concentrate on growing your empire.

Furthermore, a flex space membership affords you access to a diverse array of amenities that will put your company at an advantage.

Let us guide you

We know the search process for a new workspace can be overwhelming, that’s why our team are here to help through every step of the way.