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Flexible Office Spaces // 4 Reasons Why They are Important for Business Growth
For many years flexible workspaces like coworking spaces have always been viewed as workplaces ideal for startups, techies, young entrepreneurs, digital nomads and freelancers.
However, with time and especially post COVID-19 there is a spike in the number of even large corporations working from flexi spaces.
With more companies also embracing the hybrid work model, more companies are also joining flexible workspaces and reaping the immense benefits that come with joining these spaces.
Flexi-spaces allow teams to network and rub shoulders with other young professionals who can potentially help further their careers or help their businesses grow.
With every company’s goal being to grow and expand, one major way to achieve this is through hiring new staff and potentially relocating or extending their headquarters.
In most cases this takes a toll on the business as they are required to search for new real estate, sign a lease, purchase new furniture, contract additional staff to lay down the initial network infrastructure, etc.
In most cases you will also be required to pay additional costs for insurance, cleaning, utilities, and pantry supplies you name it.
Enter flexi-spaces, these unique spaces allow you to save on so many costs as they mostly follow a plug and play model, where everything else is catered for, allowing you to only concentrate on your core business in the most prime spaces, where office space price could be exorbitantly high.
These spaces offer you unique packages tailor-made to fit your business despite the level you are in.
Flexible office space is becoming increasing more popular with businesses across the country has seen many new and existing companies opting for a more flexible approach to office life.
Here are some of the reasons why flexible office space could be right for your business…
Diverse Environments aimed at nurturing creativity
Coworking spaces offer diverse environments aimed at nurturing creativity and productivity. In fact, some experts have remarked that what shared office space providers truly offer is productivity-as-a-service, not just flexible employee workspaces.
Coworking spaces can range from minimal to high-end and luxurious. This is an important point, considering that no employee is the same.
Some employees thrive in stimulating work environments, while others require as little distraction as possible. Coworking spaces allow workers to determine
A Sense Of Community and Improved Networking
Compared to working from home or remote working, the shared spaces in Flex Spaces create a sense of community and teamwork.
One obvious downside of remote working is that it detaches workers from their teams and firms. Flex Spaces, however, create a sense of belonging and motivation between working employees.
Flex Spaces where various companies or workers co-exist create environments that encourage the sharing of ideas.
Like-minded entrepreneurs can meet and brainstorm new ideas as other employees make friends and socialize.which work environments would suit them best.
Spaces like Nairobi Garage also offer networking session for members and the wider business ecosystem. For instance, on a monthly basis, Nairobi Garage holds the After Office Hours sessions where they invite the movers and shakers of different industries to share their journey into entrepreneurship.
You can check-out the upcoming After Office Hours with Hilda Moraa, CEO and Founder Pezesha this coming Friday from 5 pm at our Office Space in Kilimani. Such sessions are ideal for business growth as you get to learn from other entrepreneurs and have an understanding of the challenges that you face as an entrepreneur are not unique to you.
You also get a chance to mingle with other entrepreneurs, and who knows what a simple ‘hello’ from a networking session could lead to.
Flexible Leases
Flexible leases are a great option for businesses that have multiple locations, employees who work remotely and/or fluctuating workforces.
When you have employees working in multiple locations and/or your work force is constantly shifting, it can be difficult to find office space that fits your needs.
A flexible lease gives businesses the flexibility they need to keep costs down while ensuring their staff has access to all the resources they need.
In addition to being more convenient, flexible leases may also offer better terms than traditional leases: They’re often shorter and thus cheaper than standard long-term options, making them ideal for small businesses on a tight budget; some flexible spaces even offer perks like free Wi-Fi or conference rooms included in rent!
Flexible lease agreements can also make switching locations easier because you’re only paying for what you use at any given time—if one year turns out not be as productive as expected but another location proves fruitful then simply relocate without penalty!
Make payment on a monthly basis.
As mentioned earlier.one of the benefits of renting office space is that you can pay month-to-month instead of a fixed term lease.
If you want to expand or move, it could be risky for your business if you’re locked into a long-term lease.
Flexible workplaces like coworking spaces give you flexible options including a monthly rentals that are ideal for businesses with fluctuating demand, like startups or seasonal businesses.
This way, if demand drops off, leaving the space might be easier than breaking an expensive lease agreement.
Flexible offices are a great choice for growing businesses that want to grow without being constrained by commercial real estate.
If you are growing at lightning speed, flexible office spaces gives your business the freedom to scale up when it needs or wants to, but also allows you the flexibility of scaling down when there’s no need for additional space.
The great thing about this model is that it’s scalable in terms of both cost and size—if you only require one desk now but will need three desks six months from now, that’s no problem! Just move into another room as needed; there’s no long-term commitment required on your part.
