June 13, 2024
5 Reasons Flexible Working Spaces Are Becoming More Popular in London
Business

5 Reasons Flexible Working Spaces Are Becoming More Popular in London

Though not a new concept, there has been an increase in the number of companies looking for flexible office space in the London area since the pandemic, and this figure is predicted to grow in the coming years.

Sometimes referred to as a serviced office, this type of set-up is ideal for working parents or carers who need more flexibility to care for and collect children from school. Various businesses are using it both in and out of the city.

But what are the advantages that accompany serviced office spaces, and how can they benefit your business? Read on to understand why choosing flexible office space to rent can help your company’s needs.

Why Are Flexible Office Spaces Becoming More Popular?

1. Flexible Contracts

The size of a business is always subject to change, and having a flexible office to work in can help provide your organisation with the space it needs. Whilst traditional office spaces can come with more long-term leases, serviced offices are designed to be more flexible and alter to the needs of the business.

This is a great solution if a company needs to adapt to business needs and other working conditions, such as working from home.

2. Networking Opportunities

Networking Opportunities

Traditional offices can often keep different businesses separate, so the only interactions outside of a team may be in a communal kitchen or other such spaces.

However, flexible office space is designed to encourage communication and interaction between different businesses and freelancers through breakout rooms, lounges or other social areas.

This type of networking can also offer new business opportunities. Sharing London office space with companies in different services or industries can help benefit business relationships with one another.

3. Employee Comfort

Employee Comfort

Keeping your staff comfortable is crucial to promoting productivity within your business, and a flexible office can do that in several ways.

Facilities within London’s flexible working spaces may include gyms and parking for colleagues to use and environments to feel comfortable and achieve their most productive work.

Providing staff with these kinds of benefits can increase workplace satisfaction and boost creativity.

4. Office Equipment

Office Equipment

Ensuring your staff have access to all the necessary equipment is an important part of running your business. If you are working in a more traditional office space, managing this equipment can be time-consuming and interrupt the workflow within the company.

Flexible office spaces can come with various equipment that your business can use, though what is available will depend on which space you choose.

This style of space also enables you to require less equipment, especially if you have a smaller number of individual seats in your office to accommodate the flexible working of your staff.

5. Low Overheads

There are many factors to consider when it comes to business budget planning. A serviced office in London can remove some of these factors.

Costs, such as utilities and other expenses, are often included in rent for flexible office space, meaning you can plan and adjust your budget as needed.

Other elements, such as furniture, are also less of a concern as they can be included, lowering overheads and enabling you to spend that money on another area of the company instead.

If you are looking for the ideal office for your small business, there are plenty of options for you to choose from. DeVono can help your company find a range of office spaces in London so you can select your ideal space and take advantage of everything it offers. Find out how we can help your business today.

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