In order to meet the future needs and strategies of the workspace, there needs to be a reliable infrastructure put in the place. The office is no longer a binary workspace and in order to save on costs, there needs to be proper flexibility. The best enterprises are able to save millions of dollars by maintaining an office space that undergoes some changes. Companies are realizing that the way they do business doesn’t require a traditional office space and one of the best ways to cut spending is to go virtual and choose an investment like monthly rent in a flexible workspace. 

When you compare the full lifecycle of traditional office space with the flexible rental option of a co-working space, there are considerable savings in almost every, aspect of the business from bringing in furniture to setting up services and managing an office space over time. The flexible workspace rental fees that are paid for each employee or the number of flexible desks that are needed offer considerable improvements for companies of almost any size.

How Traditional Offices Are Being Amended

Businesses that own their own office space are working at creating socially distanced headquarters. In an effort to increase occupancy, traditional office spaces are adding in Plexiglas dividers, one-way circulation, improving cleaning processes, temperature checks for each employee, and more. 

Work From Home Initiatives

A number of companies are introducing work from home initiatives that are ditching traditional office spaces in favour of collaborative spaces online. Taking a remote-first approach is nothing new at many large corporations like Microsoft, Facebook, Square, and Twitter have had many of their employees working from home for years. Introducing collaboration suites and spaces for employees to meet if they need to collaborate hands-on ensures that remote work can be maintained and without a need for ongoing costs. 

Flexible Office Environments

Companies that need added flexibility but cannot compromise on their enterprise requirements are often interested in private workspaces at coworking facilities. This relatively new concept includes a physical hybrid office space the divides a small portion of the co-working space off to include a specific section of the office that will be used by one organization. The organization can brand this section of the office and pay a flexible rent to expand out into other areas of the space as they require. 

Weighing some of the benefits of each type of office space is making sure that businesses will have the option to choose their workspace based on a wide range of options. Many companies are examining the true value of their physical workspace and finding that a traditional office may not be a quality solution for the future. Many of the options need to change especially with the pandemic. It’s ultimately going to be the companies that can adapt and create remote working policies that will also generate the best in success moving forwards. 

For executives, there are many benefits to choosing these flexible options too. By changing over the workspace, it is possible to easily move and streamline the workspace and enjoy better management of the workplace portfolio. Flexibility in the workplace ensures that management has more time to manage the day-to-day and delegate to people offsite as required as well. 

Consider some of these top ideas and more if you are thinking about what work is going to be like after the pandemic and what will be most advantageous for your business moving forwards. Contact us today to learn more about our flexible workspace and what we have to offer.