Renting a private office and coworking is at an all-time high and is becoming more popular around the world due to the pandemic. Flexibility has become a popular office format due to its emphasis on collaboration and freedom of thought. The trendiest office space solutions are open and private offices.

Coworking has led to a shift towards open offices in many industries. Cubicle barriers fell apart, allowing for the emergence of collaborative workspaces. Private meeting spaces are a great alternative for those who don’t want to use traditional office space.

What Is A Private Office Space?

Private space can be a locked space in a shared office that is only available to one company. Private spaces provide a safe and secure environment for you to work in and store your belongings. You can also interact with the wider professional community whenever you wish.

Private office space is an economical option because you only pay for the square footage you use while sharing conference rooms and internet access.

There are many sizes of private offices available. Some are ready for use immediately, while others are fully furnished and internet-ready. Because they offer the best combination of flexibility and cost-saving benefits of coworking, private offices are highly sought-after.

Benefits Of A Private Office Space

What are the advantages of renting your private office?

While working remotely offers more freedom and flexibility, there is no substitute for the benefits of having a private office. You can also be more productive and have more focus. These are some other benefits of renting a private office:

1. Reduce overhead costs

The cost of printers, projectors and fax machines, boardrooms, televisions, and water coolers can quickly add up. You must budget for maintenance and repairs of office equipment, in addition to the purchase price.

Renting a private office space will help you stand out from the crowd. There is no need to hire IT staff or pay for office computers. You have more options to grow your business and offer staff benefits that decrease turnover.

2. Rent-as-you-go

An office lease for a traditional office can run you thousands of dollars per month. Is it worth it? You can rent different areas from your private office. If you only need the space for an hour or a month, why sign a lease?

The best part is that you don’t need to end a lease or spend money on a property that will be inactive if you wish to move.

3. Encourage teamwork

Although communication is the best way to communicate, it can be difficult for some team members to get involved in your business while working remotely. Video chat can be difficult when there are 6-8 people in the room. Collaboration via virtual communication can prove difficult, regardless of whether it is for brainstorming sessions or company conferences. Team members can get to know each other and build relationships, which improves their participation in collaborative activities.

4. Privacy – More

Renting a private office offers privacy as one of their perks

Private office spaces offer privacy, which is one of the greatest benefits. Workers can manage their personal and business affairs from their private office. This makes it possible to handle delicate issues such as legal, financial, and human resources without involving or alerting the entire team.

Renting a private office is a great option for salespeople who are busy making a lot of phone calls. They are less distracting for those around them and can enjoy the privacy of a private conversation.

5. Fewer interruptions

Renting a private office has another advantage: there are no interruptions. People are less likely to interrupt or disrupt you when you work in a private setting. This allows you to focus on your task and minimizes distractions.

Open offices can be noisy and disruptive, in addition to interruptions. 58% of highly-performing employees prefer a quieter office. Private offices allow for more control over the sound.

6. Flexibility in the workplace

Renting a private office space allows you to remotely manage your staff while still being able to get them together for important events. Employees value flexibility and work more than any other employee perks. Flexibility in work can reduce vacation time and increase employee turnover.

7. Increase individual productivity

When there are fewer interruptions, employees are more productive during the workday. They are able to complete their tasks faster and with better quality. The interactions between employees are simplified, allowing them to concentrate on their responsibilities.

8. Smart office

You don’t have to worry about whether your office has strong Wifi or conference rooms. When you rent a private office space, you can be sure it is using the best productivity tools. Private work areas can be fully digitalized using the most up-to-date software and programs to maximize productivity for your staff.

Renting A Private Office For Privacy And Quiet

Private office space is ideal for larger teams and mid-sized companies. It allows remote workers to come together and improve team performance. It offers many advantages over traditional coworking spaces.

Signature Workspace, owned and operated by Cantor Fund Management, offers services and amenities such as private/ traditional/ studio offices, virtual offices, meeting/conference rooms, and more. Locations ranging from, offices in Tampa on Dale Mabry and Northdale and one office in Clearwater offer great physical office space amenities. Contact Signature Workspace for more information today and check out our 5-star reviews.